Fundamentals all remain intact for TGODDespite all the negative rumours and short selling, at the end of the day the fundamentals all remain unchanged and are increasingly POSITIVE.
- Building out production continues with pretty pictures on the corporate website.
- Legalization
- Product shortage which Stats Canada says will last 4 years ...
- Top management Team and this is their 3rd establishment of a billion dollar MJ company and yes, they have learned from their past mistakes
- Cash in Bank and money forthcoming from warrant exercise. They dont have to look to the market
- Premium organic MJ pricing by say 30% over generic MJ and the least cost at under $1 per gram, means that this will be one of the most profitable companies in the industry, yes indeed, the entire industry!!
- International Expansion and the proof is what we paid for the Polish hemp company is considerably, I repeat considerably less, than what Canopy just paid/paying for a US MJJ company
- Current revenues/income from international acquisitions/joint to be announced despite lag in Canadian which is being built out.
- Other positiives that you can add to the list.
- The only possible negative item 1 is the increase in free trading stock due to Nov 2 stock coming off legend however this is offset by a corrresponding short squeeze of 12 million shares triggered by TGOD ACQUISITIONS dividend warrant distribution.
- The only possible negative item 2 is the potential sale of 32 million shares by Aurora. This we have no control over however presumably Aurora wants to get the best possible price and this block available for sale is extremely attractive for a potential acquiror ...
- The only possible negative item 3 is the potential exercise of 19 million warrants by Aurora with exercise price of $3 and expiry is a good portion of 3 years.... I dont see this as a negative as I have been purchasing the warrants for my TFSA for various reasons set out in my earlier posts. I believe that they will continue to hold these.
- In a contrarian point of view, each of the possible negatives are really a positive!! You have to simply ask yourself whether you agree with possible negative 1, 2 and/or 3 and act accordingly ...
- Other Positives - Illegal US MJJ and Wall Street money pouring into Canada and the industry crossover between MJJ and liquor/pharmaceutical/alcohol industries with potential takeovers now occuring.
All the negative ramp on this board reminds me of triple witching hour and how this comes and goes all the time and everything works out just fine OR Cannabis Wheaton which had 200 million free trading five cent shares when the market was $1 and again everything worked out just fine.
Do I have any concerns, ABSOLUTELY, however shorting cannibis is like standing in front of a rolling train ... there is so much hype and the industry is real so much so that the
- CEO of Tangerine (formerly ING Direct) owned by the Bank of Nova Scotia became the CEO of CannTrust
- Our ex Prime Minister Steven Harper just joined the Board of a US cannabis firm
Yes, the fundamentals all remain intact and at the end of the day the market is determined by fundamentals not all the nonsense negativity!!
Long live the God!
ps - On Nov 2, I have no immediate plans to sell any stock especially at half the price of the recent high!! Ask me again at $15-$20 per share!! LOL