Dangerous: The psyche of this board seems to have moved the conversation to how bad CW is and what THEIR valuation SHOULD be and that CW's valuation is 'unfair' and how much CVSI is getting screwed in their valuation and how CVSI's valuation is 'unfair.'
When the conversation becomes about other companies, and not what CVSI has to do to improve, it indicates that the psyche on this board is in denial.
If you keep saying 'unfair' on the valuations, - there are some safe spaces on college campuses waiting for you because you don't understand the markets, capitalism, corporate leadership and how to grow a real business.
The conversation should be about one primary thing, how does CVSI increase sales. And if they aren't, we as shareholders need to put pressure on the company to act - not look for scapegoats or look to past CVSI stock prices.
Many on this board think a good corporate strategy is to wait for the FDA and/or legislation to save the company.
If that's your thinking, you're going to lose all your money in the market one way or another.
The ONLY way to save the company is to keep increasing sales and subsequently they will beat on earnings. If they are selling more and more, the rest will take care of itself.
If sales keep going down, there's only one place to point the finger, at the CEO. Not other companies, valuation considerations, politicians, governing bodies etc.
You can make all the excuses you want, but they are able to sell - nothing is stopping them. But if Q4 misses, with Christmas(!) it'll prove they don't know what to do forecast, increase sales and their corporate strategy is just to wait for legislation and/or the FDA.
That's a loser mentality right there.
But go ahead, attack my post with all your excuses.
Need more sales, period. You can't argue it.
