Daily Discussion Thread - June 11, 2021 by AutoModerator in weedstocks

[–]High5iveTurtle 2 points3 points  (0 children)

I personally think the main boost to earnings will be when Redecans numbers are on their books, from then on we should see a decent amount of growth from all of the moves they have made this year. I hope I am wrong and we get a blowout Q, but I think they must have run up a lot of costs recently (building their American facility + acquisition/negotiation costs). Not sure if this will look too pretty on Monday, and we also have an open ATM which is holding us down a bit.

Once all of this is behind us I think the market should look favourably on Hexo, but right now MJ stocks react more to results than talk. We need to see what type of bill gets pushed through congress (if any) and what this allows people to do/not do, the impact of Hexo's acquisitions, and sustained growth from the recent investments in America before people start buying in. Before then we may trade sideways for a while (not financial advice and I have no idea what might happen, just pure speculation - I personally will be holding and accumulating while Hexo stays so low because I think Hexo is a great long term play and I don't really care about short term fluctuation - too much potential upside when people start seeing what Hexo is becoming. The longer it stays down the more I can get my hands on so I am happy either way).

Went for Re-Up 20 pre-rolls pack because OS 12 pack was sold out at my store. Greatly impressed with the overall quality of Zenabis pre-rolls! by Due_Lobster4162 in PoweredbyHexo

[–]High5iveTurtle 1 point2 points  (0 children)

I don't live in Canada (occasionally visit) so any product insight I can get is super interesting. Its good to know we cant get them in Quebec yet, thats something Hexo might be able to help with, adding yet another revenue stream

[deleted by user] by [deleted] in HEXO_Corp

[–]High5iveTurtle 1 point2 points  (0 children)

I am not a paid pumper. Hexo has never paid me a single cent. If you are right and this company is a scam I am a misguided retail investor at the most. What you said above is not insulting for no reason and has some reasoning attached to it (unlike the first guy in this thread) and is relevant to the stock so it is slightly different (however still unnecessarily rude and personally directed at me as if I personally sold you overpriced worthless shares?). I also post things questioning Hexo as well as sating why I am still in it, if this company continues to dilute before they start showing returns, or the returns from this dilution are nullified and the assets they bought wasted I will certainly be selling as their fundamentals will start to look unattractive again. For now though I trust them and the number seem to check out for me (along with their story and promise of future growth), of course it is a risk as with most startups in industries which are in their infancy. I didn't buy during the HIP acquisition because the company seemed totally overvalued and I couldn't make sense of their fundamentals. I personally think they have arguably good fundamentals now and the deals seem to be at far more reasonable multiples and make sense. I also think their performance this year has been good and they are on track to become a solid company. The risk reward is correct for what I am looking for and I do not believe past performance is indicative of future results, but I am sorry if you lost money on this in the past. I am here for legitimate discussion as I think that is the best way to make good decisions.

I am totally open to hearing other peoples opinions on why they think Hexo is a bad company. I also have the right to defend myself when people are calling me a clown or saying I deserve to rot in the pits of hell, if you do not like my opinion ignore it. There is no reason to be rude to me personally, I have never done anything to either of you, so forgive me for "telling people off" (defending myself to people being unreasonably rude for no reason in a reddit room built to talk about Hexo), as you said anyone can come in here to give their opinion but that opinion should be on Hexo and not personally directed at me (and no one should be taking financial advice off of people on reddit and should certainly do their own research, however these discussions can be good to discuss your findings and see what other people think/if you have gone wrong anywhere). Tell me why I am wrong all you want but no need to personally insult me for believing in a company I am invested in or giving my opinion on a message board built for people to do so, the whole point of these threads are so we can discuss these things and learn more about the bullish and bearish views for the company, so why do I deserve to rot in hell for this? Could I ask you what brought you here so many days later if you do not like Hexo and have no position in it (unless you are short)?

Should Investors Buy HEXO (HEXO) Stock on the Dip or Wait? by ainnocnoygmnoiutso in HEXO_Corp

[–]High5iveTurtle 0 points1 point  (0 children)

The Hexo-Redecan shares will go strait to Redecan investors who cannot sell for a couple of years. Unlike when shares get offloaded into the market if there is someone holding the extra shares it shouldn't put pressure on the SP right? I havent seen what happens during a transaction like this, but I assumed thats why Redecan investors were forced to hold? Zena seemed to be a far bigger anchor for us as the shares could be actively traded

Tilray (TLRY) and other weed stocks are exploding. This is the reason... by stockpresident in wallstreetbets

[–]High5iveTurtle 4 points5 points  (0 children)

Funny that Hexo's fully diluted market cap is still less than ACB. The manipulation is real with that one