GB Group Ord Shs GBGPF

RE:RE:RE:RE:RE:White or Dark Knight?

[Stonyguy]

dogger05 wrote:

Stonyguy wrote: Part of my accretion is an agreement with what Battley said, CMED was first in the sector and most valued MJ holding, now they are barely in the top 10. Their EPS are not getting any better over the last few quarters compared to their peers, (ACB, WEED and APH). Their ability to raise capital will be severely impaired if the takeover fails, as the big money will (and has been moving) to companies that can convert warrants quickly from either PP or convertible debentures. (follow the big money it’s usually smart as well)  The sector by its very nature and big money at the moment is not interested in organic growth, and it’s evident that’s what CMED management is trying to do.(just ask the group of 38)  I said in an earlier post “you can’t run with the wolves if you piss like a puppy”  CMED management is pissing like a puppy right now. IMHO
 

you just explained the difference between value investing and hot stock investing. I prefer value hence my position in Cmed. Value plays take longer to increase shareholder returns and hot stock can cause share price to increase rapidly, unfortunately the also decrese just as rapidly. I’m looking out 24 months so hot stock doesn’t do it for me. Value always wins.....so by all means play hot stock all you want, but don’t try to convince Cmed shareholders the merit of hot stock investing, we’ve already chosen value by virtue of our investment selection. Have a great day pal

I agree with you regarding value investing, fundamentals are paramount. Personally I cannot see a value positions in this sector anywhere.  The sector is too new and there just is not enough history yet to value a company with pier comparisons (remember the sectors biggest competitor is the underground illegal market place and they don’t have auditors or shareholders to answer to).  This sector is not valued by fundamentals at the moment and likely will take another 18 months before fundamentals take hold.  My opinion of this sector (and my point) is all about momentum, what company is growing fastest and spreading thier wings the farthest, combined with future revenues.  That’s where he market is valuing companies right now, not fundamentals