InvestorsHub Logo
Followers 556
Posts 17439
Boards Moderated 42
Alias Born 10/21/2003

Re: CPTMatt post# 10392

Friday, 02/23/2018 10:40:12 AM

Friday, February 23, 2018 10:40:12 AM

Post# of 10803
the stock price has definitely been slipping. Although there is anticipation of the approvals, we still need sales and because of the relatively low margins, we need lots of sales to get to profitability.

Sales performance after the approvals will be crucial. If approvals are late, actual sales are going to get pushed into 2019. But we still have a month in Q1 and 4 month before Q2 is done and if the products are good, there should be growing sales in Canada.

The US approval remains the big ticket. I don't think the stock will get that big a pop from Canadian approval, due to the market size. Hopefully we'll find out about that pretty quick.

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.