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Allan C's avatar
5dEdited

This was my first and likely last pot stock. I bailed when they were late on financials along with the cancelled deals. Couldn't have bigger flags if they tried . I managed to lose only 3 cents . When it crashed I bought 10 x what I had at 17 and dumped half at 36 earlier in the week the rest yesterday at 37. I will brag on this and Aritzia at under 23 and not mention the tons of losers I have had . Like a gambler at Woodbine bragging about the one horse in the 7th race.

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Dan Stringer's avatar

Thanks for the review. I was less bothered by the accounting restatements; obviously, not good but something that happens when you don't have the right staff in place to either account for acquisitions or to co-ordinate with your auditor. I tend to think that they have addressed this with the new CFO and while there is still a lot of hair here, the low valuation metrics and cash flow performance is enough for me to hang around. Appreciate the warts and all review sir.

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The FOMO Investor's avatar

I’m continuing to add since .19, bagholders are why the stock barely moved on those fins, I can’t see it under .50 for long

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honkeystonkman's avatar

Thanks for the review, Wolf. Their financials are confusing as hell. I had a hard time understanding some of the metrics they used, so thanks for breaking it down. Also, for someone so sleep deprived that was a great last line.

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