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But you’ve said the same thing for years now. And the price is looking good.
No you didn’t. Heheheheeh
An absolute slaughter.
Just hold.
Yesterday AFTER market closed you were “waiting for the right moment to act”. So you wouldn’t have had the chance to short until this morning.
You didn’t short Borys. You’re a failure
Bahahahahahah. No you didn’t.
I sold 100 at $69. Little taste
You aren’t one of them... hehehehe
Yah... has that feeling everywhere but here....
Dogger??????
What happened to the predictions?
Weeeeeeeeooooo
Holy!!!!! Woah.
Most of Us have been here since the beginning.
Where’s Borys? F&@ckin idiot
Amazing strategy. Thanks
Lookin for that 52wk high baby
Every time you short... you end up covering for a loss... hehehheheheheheh
Third Quarter Fiscal 2021 Corporate Financial Highlights
•Revenues: We achieved net revenue of $153 million in Q3 2021, an increase of 23% versus Q3 2020. Net cannabis revenue of $99 million was driven by an increase in Canadian recreational and International medical cannabis revenue. In addition, an increase in sales of S&B vaporizers, This Works health & wellness products, and BioSteel contributed to overall net revenue growth.
•Gross margin: Reported gross margin in Q3 2021 was 16%. Adjusted gross margin, excluding restructuring charges recorded in cost of goods sold, was 26% in Q3 2021, representing a decrease of 500 bps from Q3 2020. Adjusted gross margin was impacted by continued under absorption of fixed costs, which is expected to moderate driven by the announced cost savings program.
•Operating expenses: Total SG&A ("SG&A") expenses declined by 15% versus Q3 2020, driven by year-over-year reductions in Sales & Marketing, General & Administrative ("G&A") and Research and Development ("R&D") expenses. Sales & Marketing expense decline of 15% reflects lower advertising and marketing expenses versus last year's spending attributable to product marketing and brand awareness campaigns in support of our Cannabis 2.0 products, partially offset by higher sponsorship fees for BioSteel and increased brand spending in support of our U.S. CBD business. G&A expense decline of 23% was due primarily to a reduction in costs attributable to corporate restructuring actions taken earlier in the year. R&D expenses decreased by 33% also driven by lower compensations expenses resulting from corporate restructuring actions taken earlier in the year. Share-based Compensation expenses decreased 68% over Q3 2020.
•Net Loss: Net loss of $829 million, a $720 million wider loss versus Q3 2020, was driven primarily by impairment and restructuring charges and other related charges of $416 million, of which $382 million relates to our announcement on December 9, 2020. Of the total impairment and restructuring charges recorded during Q3 2021, approximately 15% was a cash charge. Additionally, Other Expense totalled $291 million during Q3 2021 stemming from non-cash fair value changes, mostly driven by the Company's higher stock price.
•Adjusted EBITDA: Adjusted EBITDA loss was $68 million in Q3 2021, compared to a loss of $97 million in Q3 2020 driven by net revenue growth and a decline in operating expenses.
•Cash Position: Cash and Short-term Investments amounted to $1.59 billion at December 31, 2020, representing a decrease of $0.39 billion from $1.98 billion at March 31, 2020 reflecting the EBITDA loss and capital investments.
No link?
Care to share it?
What your definition of a rock? $2?
Doesn’t matter for you, you aren’t shorting or holding. Too bad.
Crazy. The whole sector went bonkers the last couple weeks... but not EMH. Maybe $0.04?
Hype... $42 - $58 in 2 weeks. We’re now sitting at $56. What are you trying to say?
Don’t end it yet stocker!!! We had one on the Canuck side!
Since the price went up more then $2, did you cover your short? You told the board that’s what you do.
New 52week high!!!
Hehehehehehe, is it clear now?
"borysek Friday, 01/29/21 07:53:49 PM
Post # of 122399
I shorted at $52.8 ..... and very soon we will see who is right and who is wrong..."
So you covered your short? More then $2!
Very nice trade. That's the right thing to do.
the mods keep deleting your posts! rofl
Changed that 52 to 53! Obviously it cleared!
Well yah there is... we can profit from it, and we are!
Ummmmm, see the sp.
Why? Because we invested in a legal system and legal stock market?
Borys, what price did you cover at? You always cover if it goes $2.
Part of your "operation"
Another 52week high!
Is it clear yet boys and girls?????? lol
Where did you get the 80% ? Seems like you pulled that number outta your ass just like everything else.
Wrong since 2014 idiot.