GREY:CHALF - Post by User
Comment by
stockcharacteron May 04, 2017 7:49pm
140 Views
Post# 26206140
RE:RE:RE:RE:BCC pays 19mm for Nevada
RE:RE:RE:RE:BCC pays 19mm for Nevada"more realistic expectations of share price" you say? Today Canadian Bioceutical which operates in America is valued at $141 million. So Canadian Bioeceutical, which isn't half the company GLH, is valued at $25 million over GLH after the new acquisitions. Insane and that's just one; GLH is the most-undervalued weed stock in the world right now imo. But as I've said they are going to have to earn every penny of share price. I think they will deliver and I also think they get a bit of an unfair shake. It's surely been a horrible year but the company's been knee-capped by a dysfunctional regulatory market and cold-cocked by ill-informed voters. It's tough out there in the infancy of the weed game, but the skies are clearing up. Right now it seems shareholders aren't stupid to give away their shares at this amazing time and a whole lot of money is trying to pretend GLH is no big deal. That money will come around. This isn't going to a parabolic stock, it's an old veteran in the young cannabis market, you're going to see a gradual rise, but this is one of the great buying opportunities you're going to see imo
All that said, not a fan of posts like below, all hand-wringing and wishy washiness adding up to nothing but a pile of shitt.
Maxswell wrote: could not agree more Joe. Terrible year, and several major decisions by mgmt did not pan out. As you described. Mgmt itself values the compay this low. They agreed to the terms of the financing did they not. This will be decent company, not concerned, but to think this will pop in the near term, well, we have debenture payments due in June, and when is the holding period over for this round of financng? Could see a spike before that release date though? GLH Mgmt made too many blunders is all, if this was the amazing deal that I keep hearing for 2 years now, dont you think the pros with money would have bought in as well. Time is all we need, as well as realistic expectations of the share price.