Blum Holdings Inc (BLMH): "profit" is not what we are looking for...

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Re: itsokiunderstand post# 258727

Friday, 05/04/2018 11:02:05 AM

Friday, May 04, 2018 11:02:05 AM

"profit" is not what we are looking for in a infant company in a infant sector.

How many now HUGE companies had no "profit" for up to decades, yet succeeded.

"profit" (net profit) is years away. Surely you already knew this from doing DD?

Improvement quarter over quarter is the goal. Net profit is in the future, after legalization, removal from the drug schedule, banking fixed, and cultivation and expansion is complete.

If you are long, you are buying the future. If you are a trader, you buying for the PPS fluctuations.

well considering they lost money on Q4 2017 a profit would be an improvement wouldn't it.

Retired, non user of MJ but support legalization

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