Posted On: 04/09/2014 2:07:41 PM
Post# of 56324
I completely agree. The last thing I thought when I bought my last lot of FITX was that the pps was going to keep going down.
The only thing I can rationalize is that Medican has a complete facility and they are shipping (Same with Tweed). If I read the Seeking Alpha article correctly, the facility is 393,000 sq. ft.. That's 9 acres under one roof (right?).
We FITX-ers bought into a really good plan for a business, not a business that's up and running. FITX needs to: Complete the facility, grow plants and start shipping. Once it starts shipping I'm confident it will be in that $3-$4 pps range.
I wish I could forget I had any shares until September and check the charts then. Watching the charts day to day, especially during work in progress, is maddening.
Has anybody seen a schedule?
http://seekingalpha.com/article/2131563-canad...be-bullish
The only thing I can rationalize is that Medican has a complete facility and they are shipping (Same with Tweed). If I read the Seeking Alpha article correctly, the facility is 393,000 sq. ft.. That's 9 acres under one roof (right?).
We FITX-ers bought into a really good plan for a business, not a business that's up and running. FITX needs to: Complete the facility, grow plants and start shipping. Once it starts shipping I'm confident it will be in that $3-$4 pps range.
I wish I could forget I had any shares until September and check the charts then. Watching the charts day to day, especially during work in progress, is maddening.
Has anybody seen a schedule?
http://seekingalpha.com/article/2131563-canad...be-bullish
(0)
(0)
