InvestorsHub Logo

westcoastinvestorj

11/13/20 5:09 PM

#891 RE: rodgranite #890

I am still bullish on this company - I like their tech/business. But, I don't see how you don't think further financing/share dilution is not an issue if they can't get to cash flow positive in Q4? I think the SP reflects the market has similar concerns. I did pickup another 1000 shares today at $1.92 CDN near end of day. I now own 7,000 shares with ACB of $2.85 CDN. I think SP could potentially go lower, but I think with a longer horizon (especially if/when Covid subsies), I will still come out ahead.

You and other members have been helpful for insights and posting information. Sorry I haven't been as productive with my posts, I'll refrain from posting any more negative posts.

dg33

11/13/20 10:47 PM

#892 RE: rodgranite #890

Sorry if I'm being dense, but I'm wondering what prompted your reply to that poster's comment. While I'm not so sure, given what they said during the conference call, that further dilution/financing will be necessary, this guy thinks it will be. I'm not seeing that's anything other than one person's opinion unless I'm coming in at the end of a longer conversation or just missing something.