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I have gotten the vomiting feeling before. I assumed it just came from to much smoke.
Not if u buy bulk.
Anyone who bought killed it
Count that penny
Good luck
Next tax loss buy. Keep it up. Gotta have those write offs
Tax loss sale. Well played
I voted yes to rec.
Read the financials. The cost of goods sold was more then the revenue. Under tax code 280 E the cost of goods sold can be wrote off. Trtc will need the revenue to be higher then the cost of goods sold in order for 280E to effect them. Now please explain how 280 E isn't a moot point.
280e is a moot point because trtc has enough losses to offset that tax code. The only thing 280 E being abolished would do in immediate term is cause a speculation price spike on its stock.
Nice move here. Congrats to all longs. I hope all of you can get the rest and more of your money back.
On 200 million in sales?
Why did u have history class? Disregard all past failures. Trtc will never turn a profit
Everyone should sell before they lose it all.
You forgot the loss of 300 million
I think your a year or two off. I was going topo buy half of all my positions back before earnings but with my dd now I will wait longer to buy any that I'm not just flipping.
https://www.bnnbloomberg.ca/cannabis-canada-daily-pot-sales-hit-43m-in-first-two-weeks-of-legalization-1.1187411
Also Aurora did a earnings guidance 50 to 55 million in Canadian dollars this first quarter of rec.
This isn't worth $20.00 with these sales numbers about to come in
I sold at $53.00 us check my post on 10/9/18.... nailed it
Whats that in Us dollars?
200 million a year in rev. Lol this is worth $2.00 a share at best
I stand behind this. Anyone see Aurora's guidance? Time to start shorting
If 2019 sales are 400 million what do you feel the share price should be?
You tried all the other companies buds? Or just blowing hot air?
First comes medical then Rec.
Right
Medical only?
If I had any balls I would short every pot stock
https://www.bnnbloomberg.ca/cannabis-canada-daily-pot-sales-hit-43m-in-first-two-weeks-of-legalization-1.1187411
21.5 million a week
13.5 weeks of legal cannabis
13.5 × 21.5 million = 290 million in sales but it wont be that high everyone knows about supply shortages and everyone buys recreational weed once then goes back to the black market to save money.
Let's get real aggressive and say Aurora sold 30% of all pot. That's only 100 million.
290 million ÷8.5 = 34 million grams. Equals 34, 000 kg. Hmm not good
34,000 ×4= 136,000 kg what over supply issue is everyone talking about. Auro sky will do 100,000 kg itself
For everyone that does the best dd. How much pot did Aurora have on hand at the start of October? How much did they harvest last quarter? How much of that harvest was sold? I thought I saw average gram prices of $8.50.
One other question. What does the revenue have to be last quarter for the recreational launch to be a success?
Do the heavy lifting for all of us. And let's see some projections on last quarters revenue.
Easier to just make statements with no math to prove your statements right. I truly hope you make a boat load on this. I would just like to see your advanced dd and show me your analysis on what last quarter revenues should be.
$13.00 a share. How much revenue in your opinion will it take to justify a 13 billion market cap?
I based that speculation from the video u posted.
My first buy was .44
With all your dd your in the red. I sold the week of legalization because of my dd. Now I'm patiently waiting for a proper re entry point. I would just like to see some advanced dd instead of u just posting how great it is. Show us your math to prove your thoughts.
The idea of them buying back 500 million isn't particle. 500 million times 5 a share is 2.5 billion. Well acb's sales will increase to fund it. Well so will the money needed to do the buy back. I would be shocked if they bought back more then 25 million shares this year. What do u think?
You have to already have a estimate that you have done. What's your estimate based off your Dd. I was under the impression that acb at this moment will produce more pot then any other LP. This quarter and next quarter. THEORETICALLY then acb should end up with the biggest market share once supply catches back up to demand. Show some math let's see the calculations you already have done.
How much pot do u think they harvested and brought to market this past quarter?
I'm just trying to come up with a number for this next earnings report. I'm trying to decide if I should buy back before or continue to wait for a fair market cap. At this current moment I think I'll buy back my shares I sold and hold off spending my profit until after the report.
How much pot did Aurora have on hand at the start of rec?
U cant fix stupid. Good luck hoping the price holds and doesn't fall to the floor. I'm not saying Aurora wont be successful. I'm not saying it will. I'm just saying pot prices will fall to the floor. It only makes sense take a little time and read about supply and demand. Then factor in the cost of prohibition on this commodity.