RE:RE:Not too many bright bulbs hereWell now that we have a few new faces maybe I will post here with you and MargaretJones, at least we'll be able to converse like adults.
I was looking at the chart and we look to be consolidating here around $17. Next catalyst and we'll head towards $20 is my take. I came here because I don't want my cannabis investment to be 100% speculative. The ride down from $22 to $5 was unacceptable to me. I can't get behind a management group that allows that without intervening much quicker and more professionally.
Cronos is a play that is very much tied to their IP progress. I have contacted the company directly to enquire about it and other things that I will report on here so that those who are interested can benefit from my digging.
I know there are many that dislike me as I was somehow painted as a permabull who would support Aphria through anything. That is not true. I will never support a company that is not concerned about shareholder equity and doesn't communicate effectively. Aphria has so many good things going for them but the most important is lacking. Cronos has a top tier CEO. Young and forward thinking with a very presentable and positive way of speaking. He doesn't represent the company as "I" but as "we". That means a lot to me. It shows respect for the investor.
Will Cronos be the highest percentage gainer on the market? I doubt it. I think it will be a solid performer and will grow as the sector matures. I want my money to be safe and grow. I hope I chose the right horse.
Atheena