RE:RE:RE:Penny stock to millionaire? Hiti on the short listRonbromleygross wrote: The advantage we have here is that Raj is no dummy and knows what the value of "his baby/company" is worth. As one of the few "owner/operators" in this space there is a tremendous and different attitude placed here the kind of like a "mother/child" relationship that you do not take lightly. You don't get that with a hired gun CEO who is more interested in collecting a weekly pay check/stock options and that's it. Raj is already pissed off at the ludicrous/bs rah rah Pom Pom cheerleading rants given to the stocks that get the most attention by Wall and Bay Street but don't deserve it. You can see the subtle hints given by Raj on his public podcasts and he is not afraid to challenge the others in this space to compare their accomplishments verses what Hiti has done in 5 very short years.
He knows what Hiti is worth and he isn't selling for anything less factoring in a "forward looking p/s" attached to it with a "premium" added. Raj looks out for his shareholders unlike the other fat cats out there.
My guess is Hiti gets bought out within 2 or 3 years max if there is no U.S.A. or int'l legalization or reform of any kind (highly unlikely). That will be based on Raj's oen ability to grow and expand Hiti his way. If we get a raging bull market happen based on any kind of reform news, it may not matter waiting for the 3 years. The easy money will have been made much much sooner. Still say Raj wants to be a top 5 MSO and will partner up with one of them to accomplish that goal. He can then apply his discount model there. He already said he has a "Roladex" of partnerships ready to go the minute U.S.A. reform gets signed off.
Imo I say we get some kind of serious movement in Hiti share price before end of this year with or without reform. Hiti is not dependent on it to succeed. The others in this space with flawed business models or no plan B need to worry.
Not worried here. Its mind over matter.
DYODD
Ron
Yeah, your right, HITI really is in a good spot, and has a CEO taking care of business. I just might pick up some more next week.