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I guess that delusional mad - as in MAD - is still very proud of his hero Mikey, destroying shareholder value...
Elon Musk could buy VFF for pocket change - fun fact...
1. Oh boy – if it ever was a BO target
2. As for sad CC-Mickey – Yada Yada Yada and nothing to show for (i.e. more of the same) - Mandesh for president
3. Basically another lost year already
4. Only upside: – things can change very quickly as we’ve seen in the past...
Great entry point if they get their act together - things can change fast as we've seen in the past...
l think VFF will be ok - but Mickey should go...
Well, at least greedy Mikey did a good move **ting out 90 K freebies in shareholders face, knowing what was coming.
VFF got a lot of money when they sold shares last year - Mikey´s been busy burning it ever since. I think Mikey should be kicked (bought) out a s a p, to prevent him from backing up the truck and loading his freebies - which he then sells for "tax reasons".
Meanwhile small shareholders in good faith continue to buy 100 or 200 shares at a time, believing in the message coming from greedy Mikey's mouth.
2nd that
So... a little more than a year ago VFF made a successful offering at $12+.
Today, being a much stronger company, it's 1/3 of that - go figure...
Don't worry about SP - I know Mikey doesn't (have to). He just *** out another *** of freebies in ur face and buys a another Ferrari - telling u in passing he's got ur back...
I’d love to see another 80-90% shave of ACB, Canopy and Tilray SP, so they can’t continue to rip off their shareholders – would basically wipe them out and leave 50 % + MS to PSF...
Looks like a very good Tilray ER – for PSF that is…
Tilray shows continued Q/Q weakness and declines in sales, losing market share – and it does so in an otherwise expanding Canadian MJ market. This should be very worrying for mgmt, but I’m not sure they care. Tilray is clearly cooking the books and ER was actually pretty horrific. Retail investors initially thought ER was great, bidding up the price – giving mgmt more room to further dilute the stock using its efficient ATM facility (only thing that works efficiently at Tilray btw). And they sure need to work that ATM – seeing as Tilray continues to burn thru cash like there was no tomorrow.
And what about Tilray’s HEXO adventure? It’s an accident waiting to happen – clock is ticking on that one...
So who’s taking advantage of the failing Tilray enterprise? Me thinks PSF...
agreed and US is of course the big prize. Texas and other US assets are currently not reflected in SP at all - zilch, nothing, zero. But we'll see a dramatic rise in SP just from US getting its * together, when these assets suddenly get some attention - and then the relatively low float which u alluded to will work to our advantage for once...
I don't want to argue this point with u - I just wish he'd show more restraint.
On the flip side we both see VFF as a solid co with a bright future and I for 1 look forward to pivotal Q:s this year...
And - btw - I haven't sold. But I guess I'm done with Mikey and looking for new blood...
Appeasement will get u nowhere, it only encourages him. What he’s doing is actually worse than the MJ CEO:s he’s bashing, given the fact that he pretty much controls the company. He couldn’t care less about the share price when he sells his freebies – he just backs up the truck and loads some more. And then Mikey tells you he just sells a few shares now and again for tax purposes just to make u feel better – yeah right. Very bad show...
And Mikey’s co entourage follows his lead – they’re all selling their freebies too hand over fist. No one is buying – it’s a fact...
No, I’m complaining about the 90 K shares. If it’d been $90K I’d have bi**ed even more. U can’t teach respect by being disrespectful...
So Mikey just * out another 90 K in shareholders´ faces - those he claims he cares so much about.
So what's the deal with Mikey's Mickey Mouse behavior?
1. Greed, 2. Hypocrisy, 3. Mikey just thinks shareholders have a standing obligation to bail him out when his very generous monthly paycheck still can't cover his and wifey's lavish lifestyles?
Yes, I know, it's the war stupid. But still - today's valuation proves yet again that many retail investors scare easy and are basically 'idiot investors'.
One could give a million reasons why VFF shouldn't be 6 foot under right now, but it simply has zero, zip, zilch effect.
But I will say this; current MC is below 2022 projected sales. How long can that last?:)
So from my vantage point – judging from Tilray’s previous ’successful’ ventures and mergers – the latest Hexo ploy could very well lead to the demise of Tilray, leaving the spoils of war to PSF...
With wholesale we should get to 15 % quicker than most expect and then 20 % should pretty much 'happen by itself' - success begets success.
As for the US side of things - I think we're starting to warm up...
Another poor ER from ACB – only uphill from here.
On the flip side, strong organic growth is expected for PSF in 2022 (retail + wholesale) plus additional markets (Quebec).
How long before PSF claims 10% + market share?
I agree, SAFE is a huge deal despite all the naysayers.
Comprehensive legalization is of course better - but if it takes piecemeal to get there, I'll take piecemeal...
I wouldn’t mind a major player buying in at $20 CGC style – leaving VFF suited up for immediate dominance in the US...
I think PSF, Tilray plus some yet unknown 3rd entity will eventually end up dominating the Canadian market and make serious money.
Also, given its assets and longtime relationships in the US, VFF should be able to replicate PSF´s success in the US (once it opens up).
So we're truly talking an historic opportunity for investors, given today’s SP. 76$ should be a mere pit stop, once things start moving for real.
Nasty ERs next couple of days expected from CGC and ACB.
CGC and ACB have both managed to become almost irrelevant in the MJ space.
ACB, already on the brink, could fold sooner rather than later.
CGC still has some cash left to burn, but is going pedal to the metal with no gas station in sight and will end up parked in the desert...
Current price action confirms that retail investors in general are extremely stupid. They prove again and again that their investment isn’t about a strong balance sheet and strong future prospects –rather it’s about money chasing money. So they buy a stock when it’s pushed higher and sells it when it’s going down the drain.
Some of these geniuses even go on the boards and trash the stock while telling the world they just sold at a huge loss. And yeah, I guess they're right in a way, the stock IS garbage at the moment – but it’s their own fault since it was they who sold and threw it in the bin. The only thing I can say about these dumber than dumb people is good riddance – at least we won’t have to contend with these ** when the stock finally turns a corner.
The company itself is doing just fine and those who enter at today’s scrap prices can only be congratulated. Absent 3rd WW or a similar apocalyptic event, they should enjoy future returns many times their initial investment.
Sundial sucking up more cheap shares?
Another big - and surprising - take-away from the AMA is Mike’s VERY favorable comment about Sundial’s management team. I take that as a heads-up there’s more development to come in the relationship between VFF and Sundial.
The major take-away from yesterday’s AMA is solid, solid and solid.
There’s a great hidden both current and future value in VFF, that the market has yet to recognize. From a mostly speculative and highly risky idea a few years ago, VFF has transformed into a viable LP in Canada and a potential MJ giant, having developed a business model that will ensure a seat at the final table.
VFF’s facility in Texas holds millions of ounces of gold, just waiting for the water permit to start mining, plus there’s plenty of other fertile ground to claim in the rest of the US.
It would be a travesty to see a co like Sundial take out VFF at 13-15$ when it’s worth at least 30$ even in today’s bent market and 75-100$ after US legalization.
And on another sour note – maybe management should start showing share holders some respect by not wholesaling freebie shares like greedy shark Ruffino. And btw, I'm not impressed by SOB like ’it’s just planned sales for tax purposes’ – this behavior sends all the wrong signals given today’s market and it’s actually very bad show. It’s on Mike...
true that...
Takeover war brewing with SNDL picking up 6,5 m shares on the cheap? With VFF being so horrendously underpriced - 3 x or more - looks like VFF could be in play...
plus 3m shares on TSX - let's see if the naked shorts shenanigans on TSX causes a mini squeeze per Dec 31...
It’s like a vulcano suddenly gone silent, after it’s been spewing ** for months – all of a sudden the short disruptors ’Kick’ and ’Adrian’ have gone all silent on VFF Yahoo MB. This coincides with Mike’s move to take out the naked shorting by exiting TSX – squeeze is coming...
thanx sport, just tired of shorts posing as longs I guess....
Nah, you're much too modest in your long expectations, sport. I'm 'afraid' it could drop all the way to 99c. But if that happens, I think I'll buy the co outright myself...
Good move to leave TSX and thereby curtail the naked shorting shenanigans that has caused so much damage to the SP. Just bought a few thousand more (almost) free shares - didn't make a dent lol. But don't worry, this baby will come back with a vengance – it’s just a waiting game now...
Tilray and CGC should be subjected to another (long overdue) 50-70% haircut – and VFF should start to drift upwards. No signs of that yet, but should happen...
I see desperate HEXO investors trying to dream up a partnership with Kelloggs.
Kellogs - and similar consumer products companies - will of course not go anywhere near a disreputable co like HEXO, which is even being investigated for ties to organized crime.
But CBD partnerships does make perfect sense for well run companies like VFF. The legal landscape in the US is changing and companies like Kellogs are of course eying the business opportunity in this emerging market. I don't think we have to wait too long before we see VFF partnering with 1 or more co in the US.
And, yeah VFF sp right now is beyond ridicolous. Right now MC is below VFF projected sales for 2022 - per Mike's estimates. Something's gotta give - question is only when.
VFF’s 1st run was based on hype surrounding Canada legalization – and thus wasn’t sustainable.
VFF’s 2nd run was based on hype surrounding premature hopes for US legalization – and thus faded too.
VFF’s 3rd run will be based on organic growth and US legalization – thus this run will be sustainable and furhermore take us beyond the old ATHs...