I am long here, but point out the obvious, as do many here.....that is not bashing that is communicating as a board. There are pumpers here too, but most are just passionate about their investment here and what EVIO could bring. Put on your big boy pants, bring some relevant thoughts to the board, and take your emotion out of it. (even when I recently said management could screw up a wet dream...that was not bashing, that was the honest truth, without emotion) Personally like I have said from day 1, the management here is beyond horrible. In fact it is the worse management I have seen in the Cannabis sector (which has been mostly mom and pops companies in the beginning with mom and pops management teams) Eventually these companies grow, and more competent management teams are brought in. I try to stay away from companies with bad management in this sector. (MMNFF CTST TLLTF to name a few) EVIO was the exception because of the great niche within the cannabis sector. I weighted the good: Great niche, Great sector, good swing trading ranges, and a couple big research companies who are not paid to promote, holding and recommending to their clients to buy. These same firms put out a sell notice couple months back and the stock dropped soon after, to the 20s. These same firms bought back in recently, and are still bullish but cautious on EVIO. The bad of course, was the management at EVIO. I try never to judge management because I was a top executive once, and a lot goes on behind the scenes that investors have no clue about. However, EVIO's management is embarrassing. Every person I have turned on EVIO who I respect as businessmen and women have ALL brought up the inept management! All of them, I am dead serious. It was, and is, a catch 22.
There is a lot of bad blood here, from investors who were passionate, had belief in the niche, and have been loyal followers of EVIO for a few years. Gradually they lost money and hope, got burned by just the most inept management, perhaps of all time (seriously) in this sector. They have EVERY reason in the world to be pissed. Bashing? No, just pissed off at the ineptness of management. There are some very successful businessmen lurking here, and some posting (humanchessmachine). Instead of being a cheerleader with comments that say nothing, perhaps see both sides of the coin and become a better investor. Look, we have a great sector, the birth of a sector. Within this sector may be the absolute best niche...cannabis testing. Especially given the vaping scare, the Oct 17 timeline in Canada etc. Question becomes: can EVIO management get replaced, or can they bring in a new CEO at the very least? Even as inept as this management team is, I do not think even they can screw up short term if we get some news before the end of Oct. (I did say end of Sept but with Canada coming on line for legalization with edibles, beverages etc I will wait to see if that brings us some momo. As far as bashers as you label them; not one on this board I can see, has bad info or views, none. As far as the pumpers I can almost say the same thing. Carter for example always has good points to his posts. Yes he is passionate but he has good intentions and has intelligent posts. I can say the same about almost everyone on this board with the exception of those two clowns who were absolute bashers, last month.
EVIO is a spec play, period, at this point. The stock moves very fast. It is not for the faint of heart. I truly believe in the niche. I truly believe management must be replaced for this to really see its potential. I do not see that happening soon. I am waiting for news and an ER. If enough time passes (by end of Oct) unless fundamentals change, I will move on to another spec play among my long holds. If you want to check out a stock that is NOT a spec play but has gotten so beat up it appears to be, check out TGODF. Another company that has spec potential but is another real company that has changed its fundamentals somewhat, look at PYX. If you want to see how real management connects with their investors look at GTBIF. TGODF also has GREAT management. Everyone has opinions here. Just because they are not yours do not be so quick to label these investors here as bashers. That just make you look foolish. The same goes for those labeling the longs here as pumpers. Lets all share our thoughts to help one another. Its actually ok and healthy to disagree as long as we are respectful towards one another. GLTA
