 What's going on guys Aaron here from Departures Capital and we're here with rich TV live. It's been a while rich How are you doing my friend? I'm doing good. How are you doing today, buddy? I'm doing great Just happy to be collabing with you finally once again, and we're talking about The most important the most important exciting thing today can it be growth earnings? Yeah Exciting time Yeah, exactly. So first I just wanted to briefly go through It's a seeking alpha article, but basically just saying what the estimates are and then we can talk and see how we feel about them So I'll just Quickly share my screen. Can you see everything good there? Yep. All right. So can it be growth Q3 20 or 2018? 2018 Hold on a second. Yeah. Yeah, is that right 2018 earning preview February 13th? All right. This was put out a day ago So scheduled to announce Q3 results on Thursday, February 14th after the market closed So the consensus Eps estimate is negative 12 cents per share and the revenue estimate is 62 million and Over the last one year. They've beaten zero top zero percent of the time and they've beaten revenue 75 percent of the time So we will just go back to us and yeah How do you feel about the numbers that they're supposed to put out or at least the end analysts are? Thinking that they're gonna do and yeah, how do you think their quarter is gonna be I? Think that those numbers are pretty accurate. I've heard as high as 84 million. Yeah, I Believe it could be higher than their 62 million that they're estimating Yeah, if they get 60 million or 70 million or 80 million that'll that'll be a record So anything over 54 point two million, which is what Aurora reported. I think it'd be a record for the industry So from that perspective, I think it's great You know, they're I've always called canopy growth of LeBron James of cannabis stocks They've always been that consistent company Bruce Linton is very consistent as a CEO and Just kind of expect great things from them and they don't ever seem to disappoint. So I Expect some big numbers. I expect a big number No, for sure But um last quarter didn't they have Weren't there any's a little bit disappointing? That's why the analysts they advised downwards this time to have a little bit more Realistic expectations or what was it because I believe last quarter didn't the stock drop about 11% Yeah, and I mean, it's it's started to climb back up. So I Don't know. I think it at the end of the day I believe that a lot of these companies price to earning ratios are way out of whack Yeah, I agree. I think you can really look at any of these stocks in the cannabis sector and say, okay What are they gonna do based on the price to any ratios because none of them are really Operating at a normal wall street number None of them exactly. No, exactly. It's true So I think you kind of throw that out the door Throw it out the window. I think this is just purely like are they going to beat Aurora? This is what this is. This is a competition for me between canopy growth and Aurora and Who is going to be number one and There's a fight between number one and number two and it's it's Aurora and canopy and they're kind of in a league of their Own there's nobody really in their revenue category So as long as they beat Aurora, they're still king of the hill and I think that's what this is about more than anything else Yeah, for sure. And you know one thing else I was talking about on my live streams and stuff Or whether they make 50 million 60 million 70 million these quarters I mean what what a lot of the people really care about is outlook And are they executing in terms of their plans to grow and all that stuff down the road, right? I think as long as they keep executing on their plan. I don't see any reason why they're not going to be a huge success Yeah, exactly, but canopy and Aurora both two great companies Obviously we like them both. So tell me a little bit about your hat Yeah, this is a hat. I got at the cannabis conference here in Vancouver. It looks better than the back So I just want to show you guys canna. I think the symbol is love L ove is a brand new IPO. I believe this is They do so part of me. I don't know too much about the company. What do they do? You know what? There's like hundreds of companies there and it was a brand new IPO and I need to do more research before I can actually give you a full synopsis on them. I was Yeah, you know what there's there's so many of these like new IPOs coming out left right and center So like I get a lot of requests for all check out this stock check out this stock But it's just like yeah, I love to check it out. But always do your research guys So there's there's so many new companies, you know, I had a very interesting one to bring up SHMP natural shrimp. Yes What do you think about about that company and their recent? You know run up from like a couple cents all the way up to almost a dollar back down to 38 cents I haven't checked what we're trading at today, but it's just been a wild run Yeah, so natural shrimp is a company that actually brought to everyone around a penny and I did a video about it and they were up at that point They're ready up thousands of percent and then I the Dominican Republic and I kind of forgot about them And then I came back and then they just went on a tear. Yeah And they went all the way to 84 cents, yeah, and I made a song called FOMO is real Talked about natural shrimp in the song with ill kids help obviously. I'm not the one singing. It's ill kid Yeah, my friends here in Vancouver and I heard it by the way I heard this artist natural shrimp in the song because I just knew I was like the FOMO is real like you want to buy You know, it's gonna crash. Yeah So the FOMO is real so we talked about it and I didn't buy it and everyone's like you're gonna buy it I'm like, no and people were buying they're making money and the people are buying and they're making money And then all of a sudden, you know, it went from a penny to 84 cents and then off the cliff there it goes And today it was at 30 cents, right? So Yeah, FOMO is real. So this is why I'm buying any stocks at a 52 week high No, for sure. In our community. We want to buy stocks at a 52 week low Yep, exactly 52 week low. I don't want them at a 52 week high I want my 52 week low if if we can buy them at a 52 week low We feel like we're gonna have a chance to win if we're buying a stock at a 52 week high It's suicide. Now if you want a momentum trade, that's fine. That's different You can buy at any point in time, but make sure you put a 10% stop loss Like we saw what happened with shrimp if you bought it 84 cents, you're pretty much in a big trouble right now You know, you're in big trouble. I couldn't agree more. Yeah This I would not be going long anywhere close to a 52 week high. No No for sure for sure. So with this quarter in the cannabis sector being, you know The first quarter where we've got a full quarter worth of rec sales and all that kind of stuff How do you think the numbers have been so far and then, you know, what moving forward into 2019? How do you feel about the sector? I think if the sector is maturing, you know, we're starting to see a little bit more Stability if you want to say kind of I mean, we still got a lot of volatility, but I think that Things are starting to mature is what you could say Yeah, I think that what happened was the price to earning ratios were out of whack Then what happened was they came down after legalization. Yep And what happened was the revenues were growing While the price to any ratios were starting to come down So we all did a lot of videos talking about how we thought it was the bottom and we were right and they all just came up They all hit a bottom right around Christmas. Yeah, it exploded after Christmas and It didn't stop. I went to the Dominican Republic mid-January came back into January. It still didn't stop So the whole month of January was really really hot, which is the total opposite of what happened the year before So the market is reacting very different than what it has in the past and yeah I think what's happening is We had an explosion and in my opinion, I think we're gonna have a retraction now Yeah, a bit of a pullback. Yeah, we just we had an explosion and that's kind of what this mark does It has these pullbacks. So I think we're gonna have a little bit of a pullback And then it'll be followed by another explosion and another pullback because that's what This market seems to want to do so when it goes down, that's when you got to really be hunting and buying You know when you see five dollars when you see a roar at five dollars, that's when you want to buy it Yeah, exactly and then a road was to 15 it did it twice in 2018 it went to 15 and went down to five twice Investor I'm like, okay. Let me just hunt it when it's at five dollars five six seven dollars I'll buy it that range and then when it goes up to 15 I'll sell it or anything over 10 you can sell it Cool. Yeah. Yeah. No, I totally agree Any recent trades, you know that you've done or any companies that you're just simply looking at not not saying you're recommending But any companies that you that are just simply, you know in the crosshairs Sineba had some big news today and they exploded today. I think they're up like 12 13% Yes, I would love to talk about that because I just bought Sineba last week very good Well, you're up then because they're they're they're doing well and they're having a good day today And they just announced some big news. So Sineba, I I believe teagot. I believe med men. I believe all three of them going to be monsters and they're gonna be very well Obviously Aurora and aphria are always two that I'm always looking at and always think are good buys. Yeah, I Like even co as a smaller company that is really getting my attention right now Eve Hey, you know what here? Let me do this real quick. I'm just gonna share My screen so that you can see that this is my basically cannabis stock portfolio list Just obviously don't own all these ones, but a lot of these stocks that we're watching and you're talking about even co even cause Currently trading at 29 cents So you said you're watching this one. I've been watching this one, too I don't know too much about it. If you got a little more knowledge They're really big and they're undervalued and they have huge growing potential in capacity So I believe that they're going to be a dollar stock easily So this could be one of those sleeping giants that I haven't really talked about much But I'm going to start another one is labs. If you could pull out labs. I Yes, yes Labs I've been asked a ton about yeah So I predicted as one of my top picks for give that a up 7% today again Nice it as one of my top picks for February 2019 my sixth top pick. Yeah, and They perform very well Members Sabino out of Winnipeg and he told me rich you got to get in and he told me about like a dollar eighty Wow, and yeah, it's up to two dollars and sixty five cents There was there was one other company and I've been asked about it so many times Cheer on our cure honor. However, you say it life sciences on life sciences KHRN. Yeah, HRN F in America KHRN in Canada. I've been asked about it a lot as well. There's a lot of people that are really into the stock. Oh, yeah Seems like Midas letter talks about them a lot So, you know, we're just talking about buying at 52 week highs though Yeah, so but some there are some instances of companies that just have momentum that you have to You have to be prepared to buy so like Labs is one that is is going to be a giant. So you may not see it again at two dollars Same with Kyron life sciences, you might not see it again at two dollars. Yeah Stocks are going and there's nothing you can do to stop them. So you may not see a dip You may want to wait for a dip, but you may not see a dip and that's the thing, right? That is like we waited for Kronos group If you waited for a dip then you're gonna be waiting for a while because Kronos group has just been Absolutely on fire. I mean We can take a look at Kron. We can take a look at the charts. Yeah, look at the five-year chart on Kron It's a thing of beauty. It's like one of the best 2776 as of today the five-year chart. Yeah, I mean you did not get you did not get much of a pullback I was talking to people about it when it was like under two bucks You know, so I remember talking to people about it and this baby's just Been just a monster and it's actually holding on to the majority of its gains above 25, which is Which is amazing giant So yeah, love it So there's been so many good companies and so many examples of success stories And we're gonna continue to find them and that's the beauty of having platforms like yours and platforms like ours and Collaborating working together having all of our eyes looking for these winners. We're going to continue to find more and more and Stay tuned because we've got more coming and you know every single day We're gonna keep bringing you guys winners every single day. Yep. That's what we do That's what we love to do and we appreciate all the feedback from our subscribers in our community You know, it's not always just even us bringing those stocks. Sometimes a subscriber will Recommend one and we do research together and that's what I love. It's not just you know, we're a growing community So that's what I put a lot of emphasis on too. It's true. It's true. You know, everyone's like, oh rich You taking credit for you know your communities