Originally Posted by SeoDealer

Let's keep this thread as clean as possible , so ,please, NO MUSHROOMS or other shit..
To give a simple idea,if someone would have bought cannabis stocks when they were popular more than 3 years ago,they'd have been stuck in loses for 2 years,and only in the last year they'd have recovered the loses,but with no profit..so : not an intelligent investment , especially when something is not based on good profit rate and P/S .
P.S. : Instead of being stuck in that way,anyone could have made around 20%/annum in the last 3 years. Which is far better than something like being on -50% after 1 year,-30% after the 2nd year and only after the 3rd year being flat 0% (no loss no profit)



If by 'good' you mean that it might be better than the average stock,then yes that could be true,but if by good you mean 'really good' (which would imply deep analysis) , then clearly no , Ballard's financials look terrible for the current price. right now it's more of a nice gamble 'it might go up..or not'
PLUG looks better,with good prospects for growth . Their financials are a little bit better than Ballard's even at this time,after having a bigger price increase over the year,which means that their financials were maybe 3x better than Ballard's somewhere in march,so,just by looking at a simple indicator like P/S you could have gotten a better stock and get even better results..
I must say that I find the market cap in related companies to be quite dumb.. for example Tesla's market cap is extremelly stupid considering that their revenue is just 20B$ with a very small profit rate.. the P/E is 1600+ (WOW) .. I can't see how anybody would buy this ,but obviously nobody would dare to short it(because of so much irrational thinking..so the best thing would be to avoid them)