InvestorsHub Logo
Followers 22
Posts 918
Boards Moderated 0
Alias Born 04/19/2013

Re: katano post# 4717

Wednesday, 06/24/2015 12:53:56 PM

Wednesday, June 24, 2015 12:53:56 PM

Post# of 83348
No not really. They have a strong management. The capital they raised is outstanding. The company was way overpriced before. Now its getting under priced. YOY sales are growing. Remember last year they dumped Hemp Meds so it takes some time to make up the lost sales. I am giving to next fall . If they cannot grow sales by then its in deep trouble. If you were looking to make a quick buck better off to chase the momentum stocks on the NYSE. This is a longterm play that if it works out will be worth a Billion + as the Industry Hemp industry develops here in America. I'd am not surprised by the drop in PPS but I will be suprised by Year End if sales don't start to pick up.