Yes it is a surprise and bulls just dont get it ! Why?
1)The gap all the self fulfilling prophecy technical traders predicted, has been filled
2)The news today is amazing and eliminates a huge unknown risk. These risk are never good.
3) People aren't reading. Big revenues (8.1M) can now be booked in 2019 to help increase coming EPS
Upon closing of the transactions contemplated by the settlement agreement, Pure Sunfarms will recognize C$8.1 million in sales (resulting in C$8.1 million in EBITDA) in 2019 generated by its previous supply agreement with Emerald that it was previously unable to recognize. Any incremental financial impact will be recognized by Pure Sunfarms in the first quarter of 2020
4) Recent great news on Alberta
People dont yet realize the one true Canadian cannabis sector leader. No debt, great share structure, profitable. Wake up people!!
I will be very surprised even with D2 cost we dont post EPS of .18 or more in a few days.
Go vff, feel confident I own the best in the sector hands down!