Today's ride was absolutely a result of the PHOT halt. Bill's FB post was prudent with clarity for all to see. Thank you Bill.
I have a question on the PPS. Excluding today's PHOT halt causing the PPS of most all MM stocks to drop, I am still trying to understand what a realistic PPS will be after the license is granted.
I believe the largest factor of why the MMs keep the price where it is, is due to the fact the we are at 3.42 Billion shares in the market and the revenues to date. I am looking for a realistic expectation of what the PPS on the day of the license being granted will be, knowing the following factors as well.
A.) MMs will keep the price where they base it on the 3.42 Billion shares in the market, the Market Cap, the revenue stream to date.
B.) The reality of the license being granted.
C.) Still no revenue generated from the Canada facility on that day.
D.) The excitement of future things does not seem to propel this North as most of the members here would like.
Any responses? LONG FITX.
I have a question on the PPS. Excluding today's PHOT halt causing the PPS of most all MM stocks to drop, I am still trying to understand what a realistic PPS will be after the license is granted.
I believe the largest factor of why the MMs keep the price where it is, is due to the fact the we are at 3.42 Billion shares in the market and the revenues to date. I am looking for a realistic expectation of what the PPS on the day of the license being granted will be, knowing the following factors as well.
A.) MMs will keep the price where they base it on the 3.42 Billion shares in the market, the Market Cap, the revenue stream to date.
B.) The reality of the license being granted.
C.) Still no revenue generated from the Canada facility on that day.
D.) The excitement of future things does not seem to propel this North as most of the members here would like.
Any responses? LONG FITX.
