At this point, it doesn’t really matter whether you’re bashing or pumping, investments are not supposed to be an emotional decision. They’re supposed to be made analytically. One extreme just feeds the other, and neither is providing value to the conversation anymore.
Both sides have valid arguments sprinkled within their rants but everybody’s to busy bickering to figure out who’s right instead of what’s accurate.
From the bashers side:
- Jeff can be aggressively optimistic
- Timelines have a track record of being extremely unreliable
- And the company has pivoted focus on various projects throughout the years
From the pumpers side:
- Insiders own over 20% of the outstanding shares
- There is a tightly held share structure
- Downward price trends have been based on very low volume, so the the same price action can strongly be asumend on the upside when demand/volume increases.(see above point on tightly held share structure)
- We are on the cusp of Sage Ranch approval which holds huge upside potential for MC and Share price. (especially when you consider our current market cap of under 29 million CAD.)
- And to be taken with a grain of salt because this is subjective not objective: But something convincingly persuaded Chris Harvey that invresting his time and tying his reputation to GRB was a worthweile descision.
All of this to simply say .... none of us hold a crystal ball. We don’t know what this is going to do.
After my personal and extensive DD throughout the course of my position. I see more upside than downside. It is not that I’m oblivious to the cons, rather it is that I can see that the potential upside outweighs them based on my research and risk tolerance.
I see things leveraged in a way that the upside is not mereley 2x ROI but rather could be as high as 10x ROI. So I'm willing to assume the risk knowing that the annualized returns will be worth it if I am correct and also that I can stomach the loss if I am incorrect.
Whether it's Blue-Chip or Small-Cap, investing in individual stocks is inherently risky. If you’re not risk adverse, you should just invest your money in the S&P 500 for a conservative annualized growth rate of 7 to 10%
But if you want to swing for the fences, you have to acknowledge the inherent risks and accept responsibility for your decision. If it was easy and stress-free to make 200% or 400% or even 1000% returns over the course of 3-5 years everyone would be doing it.