GREY:BLEVF - Post by User
Comment by
BigMoney81on Dec 13, 2016 11:52pm
81 Views
Post# 25596229
RE:RE:The Biggest Federal News Today Was This...
RE:RE:The Biggest Federal News Today Was This...Marketwatchm wrote: I think you are kinda wrong with this one.
Owning radio stations doesn't give the company carte-blanche to illegally advertise. All advertising restrictions will apply
As for the 33% increase, it shouldn't be surprising considering the release of the panel's recommendations.
$1.45 is probably the proper value of this stock, considering that the volume is pretty small compared to other MJ stocks. I think this stock will top at $2.50 when legalised, due to this company's limitations for sales and revenues, and the volume is too small to make anything more out of it. Definetly not going to be a huge performer like other MJ companies.
This stock is good for day trading and short term, but if you want to invest in MJ you should be looking at the long term.
I bought some of this stock and made a few hundred bucks, which isn't bad. Again, a good short term stock. When the price drops again, I will buy more, and sell as soon as it makes me a little bit of $. My longer term investments are in other MJ companies. My favorite is THC. You should check them out.
If BE wants to be a bigger player, they should diversify their revenue streams. If they decide to do so, I would invest in them for the long term.
There is no doubt they own the Independent radio market:...............................................................................................................................................................
Evanov has since demonstrated their wide reaching potential by running 10 ads a day for 2 months on all 17 radio stations across Canada owned by the Evanov Group and capturing 900 pre-registered patients before a single plant had sprouted. -https://news.lift.co/a-visit-to-beleave-in-flamborough-ontario/