This cannabis company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +20%.
Interesting article Cronos Group and what to expect from earnings next week. I'm invested in this one so I'm hoping for the best. Or at least that the bottom holds, and the whole sector starts to slowly move higher. These earnings will be important to all cannabis stocks.
Read the full story here...
https://finance.yahoo.com/news/cronos-group-cron-may-report-173105727.html
What'd you think of Cronos today?
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Not good, not good at all.
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Did you buy any today?
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No, but I'm going to get aggressive around the $5 level
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You think it will get that low?
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I'll sell the $5 puts and see if they expire worthless or not
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But you might not get any shares....
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Hmmm, true I'll sell some at higher prices too to make sure I get at least a few shares
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