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Posted On: 12/11/2019 10:24:47 AM
Post# of 75077
On the subject of PPS...
The PPS is where it is for only two reasons and nothing else.
1- Delay in Sales
2- Financing company operations through share selling.
(a distant 3rd reason is overall market category sentiment is low right now for the mj/cbd space for whatever temporary reason+EOY tax stuff)
That is it.
The notion of short sellers and all that is a tiny part of the equation.
Blaming short sellers is like blaming the sky for being blue. It doesnt really matter..
All that matters is :
1- More sales
2- Less dilution/ better financing.
everything else is NOISE..
concentrate on those 2 items and the PPS will rise significantly.
focus on the noise and then the PPS goes no where.
The PPS is where it is for only two reasons and nothing else.
1- Delay in Sales
2- Financing company operations through share selling.
(a distant 3rd reason is overall market category sentiment is low right now for the mj/cbd space for whatever temporary reason+EOY tax stuff)
That is it.
The notion of short sellers and all that is a tiny part of the equation.
Blaming short sellers is like blaming the sky for being blue. It doesnt really matter..
All that matters is :
1- More sales
2- Less dilution/ better financing.
everything else is NOISE..
concentrate on those 2 items and the PPS will rise significantly.
focus on the noise and then the PPS goes no where.
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