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Post# of 70359
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Re: weedisgreen post# 69103

Saturday, 09/25/2021 9:27:47 AM

Saturday, September 25, 2021 9:27:47 AM

Post# of 70359
ACB management do not get compensated on how much product they sell.
They get compensated on how much they dilute shareholders.

There is no incentive to sell any product. Indeed, it is to their benefit to continuously cut production to cut expenses since they have shown they can't make a profit. That leaves them more cash to be measured and bonused on. Eventually the string will run out and they will move on and leave a shell of a company

18% short and 20% institutional ownership are low numbers and won't drive anything.

"Sometimes people don't want to hear the truth because they don't want their illusions destroyed." - Friedrich Nietzsche
"None so deaf as those that will not hear. None so blind as those that will not see." - Matthew Henry

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Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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