GREY:CHALF - Post by User
Comment by
jutah70on Apr 21, 2016 8:43pm
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Post# 24796956
RE:Re,: jutah70
RE:Re,: jutah70At some point they may be able to fund some expansion organically. But we will see that unfold with the quarterly reports. I can appreciate why some people want this share price to get going. I see it as some incredible mispricing.
If you watch the video clip posted yesterday where there is an interview with a industry analyst (as well as most interviews you see) he forcasts bigger players not entering the space until closer to 2020. A lot of big money has not even entered companies like this. For the big fish they will sit back and wait for the legislative and regulatory elements to play themselves out. Then you will see another massive surge for the sector. We just need to wait for the day when we hit some bigger boards (CDN & US). By the time bigger money is set to enter GLH will be higher in share price; maybe establishing itself as one of the emerging plays; maybe already a consolidator (as we see moves like with BMF). When the "smart" money enters they will be more comfortable putting client money behind names who are establishing themselves or already established. They won't be cr@p shooting. They will look for legitimate management. Heck, some of the fund manager may have already had an established relationship with Don in his previous career at Cara.
They may be smarter than we are giving them credit for. Why get this stock all pumped up and possibly not deliver. If they let this horse out of the gate at full trot the expectations will not be manageable. Like what happened with another name I used to own - BNK. Great story, but missed on what they promised to deliver and the market punished them. And it just never recovered to live up to its numbers (even when they got things cleaned up).
Best thing they can do is let the street know about their strategy (which they have done). Then execute on that (which they are doing).
Heck, I would love for this stock to stay under a buck so I can slide some of what I have outside of my TFSA into the account. Maxed out for now.