News Focus
News Focus
icon url

Masshole89

08/09/19 12:09 PM

#53748 RE: player1234 #53747

Makes sense to give everyone a heads up. I think most people who were paying attention figured they wouldn’t get there when the higher margin products were delayed. Some of that downside was already baked in over the past few months.
icon url

Fangster

08/09/19 6:37 PM

#53756 RE: player1234 #53747

Serious query, do you really pay attn to most analysts? They are paid even when wrong which is quite often.

This is a new industry and most of them don’t know anymore than most here. They were touting tilray, CGO, cronos, among many more only to have egg on their respective faces when these dropped like rocks like the rest MJ sector. I read them but NEVER sell or buy in their recommendations. I’ve made that mistake before but anymore.

IMO, ACB is going to surprise the $hit out of many in time. There’s so much going on with the company and many still just focus on the Canadian recreational market which is very small and a big mistake.

Also, ACB is far better in communicating what’s going on in the business than many MJ companies. However, YOUR RIGHT TIME in pointing out the difference in the PR vs. the company mgmt stating ‘adjusted EBITDA’ in a number of interviews. I highly doubt the PR was purposely misleading.

The go go days for MJ stocks is over. They need to prove up or fall by the wayside. I think ACB proves up but will need to grow into its share structure. Young industry so time is required this sector.