RE:Roddney Dangerfield of weed stocks.NO RESPECT.wdr522266 wrote: It amazes me that this company hasn't gotten any uplift in this sector.All looks good to go but the markests are passing us by.What's up with that.
wdr2
LG is not a weed stock. It's an international company that invests in weed producing and related companies. The market, would appear, is not interested in such companies but strictly producers who will have a customer base and revenues. LG does not fall into that category since none of the invested companies are public. So, in my opinion, until LG can show sustained month over month and year over year sustained revenue it stays where it is. Also due to its huge share base there will be no skyrocketing of the share price. If there is growth as a result of its investments, it will be slow and gradual. But that will be over a very long period.