GREY:BLEVF - Post by User
Comment by
HumbleTheTraderon Jul 06, 2016 5:20pm
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Post# 25029303
RE:RE:5 dollars! Just watch.
RE:RE:5 dollars! Just watch. brentkosta wrote: SLBayST wrote: Thats what you said last time before a million shares traded over 3 days after Clarus came in and wiped out all weak hands and the price more then doubled. 4 million float/65% ownership by insiders and not one insider sold a share since it went public. Unlike every other MJ stock that you're in where the insiders treat it like their piggy bank. I don't think there will be any retracing because this is a real company with real backing no one is looking to dump on retail guys. Universities, banking, large business all synergizing with a real team. You don't agree, and thats why you're invested into something else and I wish you good luck with your investment.
I agree that the way it is structured is for a financing or a buyout. I don't think they care about some guy thats flipping 9000 shares over a two week period like you. It's not meant for day trading and thats your style, stick to it. I know its hard to make a buck these days and I'm sure the 350 you got on your 30% flip helped you pay the rent this month. In my opinion I think Star Produce is going to take this over around the time it gets a license considering their business practices are in line with that strategy.
I disagree that revenues are 2 years away. Revenues from licensing are 9-12 months post pre license inspection. They could schedule a pre license inspection any day. If you are comparing them to Supreme and THC, you shouldnt. They had the longest wait of any LP for a cultivation license for an LP after pre license inspection because of the general election last year. Either way I don't think thats where the money will be made on this. OGI for example only had to wait a week and Kindcann that had theirs within a month. Considering the team I doubt there will be slip ups.
If you are going to make the argument that other plays are better because of current revenues. I would make the argument that I've made a lot of money from mining with exploration companies. It is the potential that matters and this has a lot of potential.
Most importantly when the tide rises all the ships go up. I think the whole industry is poised for success and regardless of where you put some in at least you are progressive enough to have an open mind and invest in an up and coming industry. When it proves itself people will be scrambling and it will already be too late.
Love how you pepper personal attacks in your long boring post as if it will strengthen your argument. You accuse me of saying the same thing before when the price was nearly 60 cents a share. It dropped to 23 and I bought. Went back up and I sold. Then you mock a guy for flipping a 30% gainer in 2 weeks which proves you are a perennial bag holder. Kindcann didn't get theirs in a month. This company is backed with banks?!? Nope, banks wont touch Beleave. Banks will barely touch licensed producers they certainly wont be backing BE lmfao. They raise money through penny on the dollar PP like every other applicant and LP. You said its hard to make a buck these days??? Between you and me, Im the only guy putting profits in my pockets. You are holding a spec penny stock prematurely calling it gold. Guys like you are a dime a dozen in the penny stocks. Pump and pump and pump justifying your own position. You keep pumping, i'll keep making. Chow!
Also this guy is saying OGI "got theirs in a week"...got what? what the hell are you smoking? They were part of the original license crew and it took them 2 years from start to finish before they had sales
Early investors will get hammed, i think this will drop im certainly not touching it at these levels