NAMASTE FINALLY IN THE SPOTLIGHT
I have said in the past that N has the potential to surpass all LP's, sure it may have sounded crazy but it's actually true. How ? Well to start with most LP's are carrying major debtloads, all of them actually, named one that isn't. The sales and the market caps with LP's make no sense at all really. Tilray at $165... what ?? It's just has no logic whatsoever. I still think some day that will stock will crashing down headfirst into reality. The value is where again with that ? Even Canopy at $73 seems out of whack to me, having a market cap now of $17 billion dollars!!! WTF!!! And only $20 million in sales last year....ummmmm. What i'm getting at is that these companies re both in debt huge yet have crazy market caps. They are where they are today because of exposure to US markets and buyers. Imagine when Nasdaq sees Namaste...a company with a logical business plan, low overhead and huge sales here and internationally. They are a TECH stock in the game of marijuana and accessories sales. As far as what Nasdaq has a craving for these days.... Namaste more than fits the bill. Nasdaq has gone bonkers over weed stocks and they also get a hard on for tech stocks....so... does this seem like a good home for Namaste ? You bet your asss it does. After yesterdays dazzling 24% performance, alot of eyes will be checking them out, more than ever before. This unique sales license from Health Canada will set N apart from competition, as well as the amount of international sales, artificial intelligence, international sales, low overhead and many other factors. In coming weeks i'm expecting to see a whole new Namaste and a slick looking Cannmart website with heaps of selection. These things do take time to set up and patience is required by everyone here, especially moi. Namaste has taken several beatings between short sellers, fake press that was damaging, hold ups on licences and much more. Did they give up ? Definately not and now are the strongest they've ever been. So what happens next you ask ? Ideally the following should happen: 1. See major price increases that will break the old highs in coming days 2. Get listed on the Nasdaq in a few weeks time, where the major jet fuel will kick in and boost Namaste into a different galaxy 3. They will eventually be in the same price ranges as most LP's are and possibly surpass many of them in the future. Realistically this may take some time and there will probably be some hiccups on the way, everyone company gets those. As far as today goes i'm estimating we'll finish the day in the 3.30-3.70 range somewhere but of course i'm just guessing, but the graphs generally don't lie and all the motivators and buyers are in place, so i can't see why this won't happen...but this is the stock market and anything can happen.... at any time....and unexpectedly, with ANY stock. I have a really good feeling about today but the day after, legalisation day, i honestly have no clue what will happen. For now i'm going to focus on today and things are looking great for Namaste and their investors, who have been thru HELL and back thanks to Citron and are ready to be rewarded for their patience, today is that day, yesterday was great but today is THAT day you get rewarded, enjoy it. Cheers 4 now