RE:RE:RE:RE:one of the PPsjammer4444 wrote: Let me clue you in on a few things rookie:
1) management does not care about you or the share price... they only care about taking as much of your money as possible through salary .. they will get paid if the shares are $10 or $0.10 and there is nothing you can do about it
2) analysts always have price targets above the trading price.. if you don't believe me then look for yourself.. if the shares are such a good deal then the analysts would buy it themselves .. but they don't.. they take a salary in hard cash and entertain the idiots that own the shares with "research"
3) your analysis conveniantly excludes the performance of the business .. sure there are some people that sold the shares so they can exercise the warrants today .. but what is going to attract more people to invest in the stock? the stock has been free falling for months because people are waking up to the fact that this factory is never going to sell all of its production .. it is losing money on the grass it sells today .. maybe they will make money when the factory is build or maybe not .. it depends how much weed is in the market .. and that's where the intelligent people take a step back and realize there is a new licence being granted by the government every month .. and everyone with a license raises tens of millions of dollars and builds a factory ... as a result, there is way too much weed being produced ... this exact cycle has literally happened in every growth industry since the beginning of time
Take care my friend. This is nothing personal. Just business.
Actually, a few things you need to learn.
Management ONLY cares about share price. Salaries are a fraction of what is earned through profits on the paper, be it options or seed stock. Any management that claims otherwise is full of BS.
Its a spec stock. There is no viable business up and running yet. Speculation will drive stocks much further than underlying profits ever will.
Current licensed production between every single LP out there is currently 50,000 KG's. Yes, that number will grow over time, but the black market is dong 500-700,000 KGs which will take a few years to come online.
The warrants have a 3 year life and the majority of them cannot even be exercised until December. There were exactly ZERO warrants exercised today.
Analysts..... well, we agree there.
Of course nothing personal... other than some guy with three months of market experience and an E-Trade account calling people rookie.