Post by
thed1983 on Oct 02, 2014 11:55am
WTF?
Can anyone shed any light as to what is going on?
- licenesed
- funded
- experienced grower
- fully built out facility by calender year end
- 1300 patients & growing (based on average consumption of 1.5 g/day, a $7.50 / gram this should equal 5.3m in annual sales *info from their filing*)
I dont undersatnd the sell pressure....
This looks to be the smartest weed play.... The only (3) scenarios that make any sense:
- An insider knows something we dont.
- Selling for tax loss season (I highly doubt it - to early in the calender year)
- An insider / early investor with ALOT of shares, is bid dumping to accumulate more at a bargain.
Thoughts?
Comment by
Fab777 on Oct 02, 2014 12:00pm
It is the market in general...people are not sure...plus MJ stocks are newcomers...so.. I agree ..i believe it to be a great company... But with todays market... I will probably take the opportunity average down in couple days!!