RE:Bashers/PumpersBuddingInvestor wrote: Bashers Get some decent facts if your going to bash please. Almost all of you are awful at what your setting out to do. Pumpers There's so many people pushing so many tickers here its crazy. Look at the traffic on this board. That just confirms the massive potential this company has. No talk of American thanksgiving? There's gotta be tons of American cash in these larger names. Any ideas on this week's sp in relation to that. Maybe slower trading days to end the week? Maybe we have seen some extra profit taking pre holiday?
It's simply way overvalued based on a recreational market that has yet to be defined and that will highly regulated. Tabacco is a reply threat, taxes will cut into margins and black market will keep prices to a minimum. It's really not that hard to understand that these factors do not justify the current valuation. It will go back to $3 maybe 2.xx and then stabilization back at $4 which is still over valued but factor potential growth as well as buy out wthin 24 months.