CHM - Next Stock To See 10x Run Up?Looking at the financials and what they have on the go this stock might be the steal of the year at this price. A few things I like about this stock:
- Last few positive NR's have shot the stock soaring overnight. Shows that the market is ready to accept this company with any signs of positivity. While it has fallen back down it does show there is market interest
- From what I can see there is minimal debt with a strong cash and asset base. Couple that with an extremely small float and you have all the makings for a huge winner
- Overall Cannibas industry is improving and becoming more legalized across NA
I just don't see a downside here or why anyone would be selling this at a market cap of under $3MM. Seems to me that if you are buying penny sticks to begin with, why on earth would you not hold a company with this much potential and this small of a market cap.