InvestorsHub Logo
Followers 135
Posts 13914
Boards Moderated 0
Alias Born 09/05/2013

Re: Zippie post# 20694

Thursday, 08/18/2022 11:24:34 AM

Thursday, August 18, 2022 11:24:34 AM

Post# of 22000
The entire market had tanked at the time of that low. This was and still is very undervalued. IMO, there really is very little that is meaningful in stock valuation outside of "the multiple". The super fake market determines what multiple of revenue a given sector should trade around and then that just becomes normal. There is nothing that determines a sector's or a stock's multiple other than the people in charge of the fake ass market just saying..."the cannabis sector should trade around 6x revs...or 30x revs". Currently, many cannabis stocks are trading at multiples that are less than 1x revs. Plenty of room for pps to move up.

There has been no dilution here in 2022, and there isn't any on schedule for the rest of the year. You can see on L2 how little selling there is from day to day. An influx of volume here could have a drastic effect right now and for at least the rest of the year.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CWBHF News