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Ok then
Alright, can you show that some of these products are made in China, because if you're correct , that could be potentially very troublesome for this company.
You lost me there SAV79. I always found your posts interesting,but this China comment is bizarre.
More importantly, so much more importantly, there has to be confirmation of additional capital otherwise it's just going to keep doing what it's doing today.
Yes, there is logic in that.A line of credit being secured combined with very favorable upcoming earnings would definitely fuse enthusiasm into investors. No doubt whatsoever about that.
Alright friend
You didn't say 100%, you said 90%, not much of a difference. How am I overstating your comment ? Alright, let's leave it alone, this back and forth is not changing this atrocious stock price
No I don't believe that. You bring the downfall of the stock solely on the shorts or an artificial way of trading decided by computers only.That's it, end of story , that's the only explanation. And I don't, Yes they are a factor, but there are also others reasons that led us to where we are today.No matter what you say,computers or not, there is a negative palpable feeling out there from the market vis a vis this stock.
But you're not listening or unwilling to listen that shorts are not the only culprit.So many stocks are under the shorts pressure, so many , and they are not all imploding like GGB is.The market as a whole does not have confidence in GGB [at least right now}, it's not just the shorts as you keep repeating. Just read this before you write me another post as you undoubtedly will . Just read the link.That sentiment is shared by many analysts.
https://grizzle.com/green-growth-brands-is-on-the-ropes-will-it-survive/
READ MY POST AGAIN: THE STOCK IS BEHAVING ILLOGICALLY
Horvath not going anywhere,while you're all venting about your disappointment on this board, the man is filling his pockets with a fat salary and an hefty bonus. And while it's all legal, it does feel like they don't much care about how much money many of the shareholders have lost thus far.
You give it a chance to grow when there is a semblance of logic in a stock.Such a baby steps growing up with a few minor set back.There is nothing rationale about this stock from the beginning. So you can't suggest to apply a rationale behavior such as "giving an early stage company a chance to grow" when it is behaving completely out of whack.
To easy to say you dont fully understand this or you have no idea that to validate a point. A multitude of stocks are subjected to the same kind of pressure that GGB has by shorts. They don't all disintegrate like GGB has. Anyway, I thank you for the conversation and at some point we can all make money on this thing.
You mean to tell us that shorts are solely responsible for the utter destruction of this stock? That the aphria fiasco had nothing to do with it? That the moxie no deal had nothing to do with it? That the company shares buy back has nothing to do with it? That several independent auditors have express serious doubts about the company running out of money because it borrowed too much has nothing to do with it? That the kiosk model has still not been fully proven for investors to rally behind it has nothing to do with it? That the executives are paying themselves shamefully handsomely while the company is still struggling has nothing to do with it? None of that has anything to do with the complete destruction of this stock? No, it s all the shorts fault!!! Come on man ! Get real! I read all your posts and many of them are right on points. I recognize that you are much more experienced than me in this game, I said that before, but we got to stay real. Shorts carry some blame , yes no doubt, but so does the company
As a member of this board pointed out already, simply look at the volume being traded,it's terrible. Admit what is
As a member of this board pointed out already, simply look at the volume being traded,it's terrible. Admit what is
Generally not, you re right. But in the case of GGB, the stock has fallen so badly in just a short year, investors and institutions are shying away from it so strongly that yes I believe that a healthy balance sheet would be a major catalyst for upward change
Wishful thinking. You need to deal with reality here. The company needs to be profitable first. By most analyst accounts, it wont be before 2021. I'm no expert, but that makes sense to me
We have to stop on commenting on this stock daily, even weekly. It's going to take months and months to see a change. And that change won't even be that phenomenal. Come on, from $6.40 to 0.60 in one year. The reversal, assuming there is one, will be very very slow.
Analysts are optimistic for 2020 about GGB. Time will tell if they're right
https://marketrealist.com/2020/01/green-growth-brands-analysts-ratings-and-target-price/
There are acquisitions that make sense and others that don't. If you tell me for example that Aphria take over attempt , which cost millions to get out of, and also hurt the pps in the process, was a good idea to begin with, then it is me who question your thinking. The Moxie deal which also cost millions to cancel was also debatable. It is clear that you have a lot of experience in the stock market system, but admit what is when it needs to be admitted.
And some management miscalculation.
Care about this because that's real: 97% this stock has evaporated over 12 months.
If you pay attention to the real world,it is at the executives discretion to limit their salary or bonus in times of crisis. More often time than not, Executives exercise restraint and caution when the company or the stock is struggling. It happens often, it happened in the mortgage crisis when banks were in trouble, many CEO took pay cut and no bonus. As a gesture to shareholders that they understood the situation. So just because a regular like you finds ok to still take full pay, it is also very reasonable to expect restraint. In truth the latter is appreciated by shareholders as it connects them deeper with the company and want to stay invested.
Given the history of the last 12 months, executives would exercise more restraint in the salaries and [bonus no less] area.
-Aphria ridiculous deal: millions wasted
-Moxie fiasco deal: millions wasted
-97% of the stock is loss in 1 year.
-A company that scrambles to negotiates more borrowing ,otherwise they may run out of money [a loan was expected in November, still didn't come through]
And shareholders shouldn't frown upon the CEO taking 850k salary plus a 440k bonus on top amidst these circumstances?? Give me a break,please.
You do not take nearly 2.5 millions in salaries while you 're asking for additional loans to continue to exist. Period.
And yet they're claiming they're running out of capital and are begging for more loans to continue their operations after taking so much salaries for themselves.This is shameful. Disgusting
But down today, again
This scenario where you're razor thin out of capital is also a dangerous one.
No scam. Just mismanagement from a so called team of experts that resulted
in unnecessary over dilution of the stock. The Aphria fiasco and the moxie
deal alone saw millions wasted.The company so extended itself,they burned so much cash so quickly, that they might not have even enough to continue day to day operation .
And yes, the shorts have their fare share of blame.
$6.40 in January,70 cents today. Any other stock, there wouldn't even be any further conversation about it. Yet somehow we keep the hopes up about this one. To use a board member comment about this: when will it end
For once it's down
I do. I hope it repeats itself again with this stock.
Man , you guys optimism is something else. Among this constant beating you decide to buy even more.I guess that insider purchase persuaded you. I truly hope it works out for you guys, for all of us.
no problem ma'am, man
From $6.40 in January to 0.88 cents today.Conversation should really end there.Especially with a disrespectful ahole like yourself.
And when it comes to future revenues,read this , assuming you can read:
" Major retailers are likely to become more wary of CBD products after the FDA announced last week that it “cannot conclude that CBD is generally recognized as safe among qualified experts for its use in human or animal food.”
" Speaking with Blomberg, Green Growth Brands Inc. CEO Peter Horvath said retailers are likely to “shy away” from CBD-infused products as a result and that wholesalers should “have big concerns.”
For everyone else who 's mature enough to have a respectful intelligent conversation,yes shorts plummeted this stock, yes the company borrowed too much and find itself carrying an enormous amount of debt, and yes the future retail sales have a cloud over them, as per Horvath comments.
So if true, what's the point of investing in any stock? What's the point of anticipating revenues ? For weeks and months we were talking about upcoming revenues for GGB ,how it would change back the course of this downtrend that has been happening for months. Well we got to see the revenues and what happened ... nothing is what happened. This stock is still plunging. And you, throwing this manipulation theory out there, as if nothing else such as fundamentals or balance sheet or revenues matter. So what the hell is the point of investing thousands of dollars in a beginner stock.
Yes. You have been saying this time and time again. Manipulation or not, good or bad revenues, and whatever else you want to throw in there, this stock is and has been a disappointment.
If revenues were speaking for themselves, we would have a different conversation
Let's face it one time. and no more excuses, no more finding ways to defend this stock, giving explanations as to why it's down for now but later it will pick up. The numbers speak for themselves.Period
WHO CARES AT THIS POINT?