Home > Boards > Canadian > Cannabis > Lowell Farms Inc. (LOWLF)

I was shocked it held up in the

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kahlua   Wednesday, 03/03/21 12:02:12 AM
Re: JohnCM post# 31
Post # of 55 
I was shocked it held up in the 2.40s as long as it did before selling off into the close. I. need to listen to the cc but apparently Q1 guidance is equally awful. These guys are now creating a very poor pattern of quarterly operational disappointments. The 225K house was supposed to be in order by end of Q1 churning out 42K lbs of product on an annualized basis. George has trusted Mark on the operational side perhaps too much. Hoping George doesn’t have a blind spot as he is always looking downfield while quarterly disappointments accrue. I almost peeled off some of my cores yesterday and put on a short but I like this Lowell move a whole lot. It positions this company to move toward “one of the Cali leaders” category over the intermediate term and thus the stock should trade closer toward a leader valuation metric if/when they get their house in order. For now the path of least resistance is sideways to down toward supports (unless the sector catches fire with more decriminalization news) All imo.

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