Post by
prested on Oct 21, 2022 12:12pm
There is a time for everything
I too made some nice money in the early days of pot stocks, but made the mistake of not realizing just how many incompetent people would end up running pot companies when they couldn't get a job at McDonalds. I thought the cigarette companies would move in as the business is close to what they have been doing. But, they were smart enough to stay away. We are looking at shake out in the industry and I expect to see serious losses. But, there will be consolidation and we will end up with a few big players and a few craft players. My only hope is that someone will buy this POS out and that my great grandchildren will maybe see some money.
Anyone buying in todays moarket has nothing in common with those of us who bought early on. There is a limit to what you can loose when you only pay 5 cents for a share, and there is a very good chhance that some will make money. That doesn't make this a great company.