Post by
FullCurl on May 20, 2021 1:45am
Direction of income, cash on hand, and ultimately profits
I feel expectations have been excessively high here for the last few months on contracts flooding in and the company getting swamped with $$$. Every grower expected to be throwing C notes at them like high dollar hookers. Remember, for growers there has always been a stigma about spraying water on plants, as it tends to increase pathogen issues. This company has to completely change grower perspective, not only on whether their system improves the bottom line, but also that their process actually improves pathogen resistence, as opposed to increasing issues. This takes proven results. Results that come from feasibility studies, which take time. This isn't a flash in the pan, this isn't a rocket ready to blast off to the moon. This is technology and a process that WILL forever change the grower market dramatically, it just takes time for leading companies to lead the way, and for institutional change to occur in the industry. Try to time the market if you want, but I'm in for the long haul, and adding to my position as I see opportunities.
Comment by
FullCurl on May 20, 2021 1:49am
One point I forgot to touch on. They are headed in the right direction when it comes to cash on hand, revenues, and ultimately profits. Remember, stock value is based on where the company is going, not where it was.