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71735916 : That stock is a death wish. it will continue to sink until they have to R/S again
Tyler0710 : wrong place to post
10xStockPicks OP 71735916 : A new Fund starting buying it this week, came up on radar, they also bought leap options.
10baggerbamm : book value is the most overused term so that you understand when you have to go and talk about this is the value if they were to sell everything the stock screwed the company's missed earnings missed revenue it's a ski slope it just keeps going straight down and if it gets to the point where they have to liquidate I assure you their assets are grossly overstated number one number two when things are sold in an auction you're going to get about 10 cents on the dollar so book value divide what you think is booked by 10:00 because that's probably the true tangible value and then if it gets to be a liquidation that means they're liabilities exceed their assets in which case it's negative equity so you got yourself a falling knife and you got no fingers left cuz you cut them all off trying to catch this shit
10xStockPicks OP 10baggerbamm : I look at balance sheets all day long. I research public traded companies & I review all filings. Canopy assets are actually undervalued in the market space because goods valuation & pricing has now started to increase in the sector.
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