OTCPK:GBGPF - Post by User
Comment by
Bobthebuilddron Feb 24, 2017 6:03pm
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Post# 25891784
RE:Good long term hold
RE:Good long term holdYup. The thing is with low float stocks is movement either up or down is done with fairly low volume. And they don't move like most stocks. There are always larger gaps between the bid and ask. But look at today. 20 cent dip and not even 50k shares traded hands. Which shows true stability and investors at this SP. I'm not long term by any means but I'm definitely not looking at a 50 cent increase in SP. My personal range is north of 22$. Which doesn't even put cmed at a 500million market cap which is still way too low. If they released news for their recreational plans, and it included at least 500k sq feet of grow space, you are looking at 100$ stock price due to the small amount of shares available. I think that is what the market is waiting to see come out before investors start grabbing what shares they can. But at worst, cmed is a small hedge atm in price since it's a bargain basement SP right now. It simply can't go down much more which is fine if it dips to 11$ since I know it can move back up twice as fast in a day.
Duediligence33 wrote: I also like the 2016 full year but on March 17 when they report Nov Dec Jan for 2017 Q1 we will see just how much more upside there is here The Morningstar report haspam fair value presently at $ 14 and a year target of $ 19 which will be good annular return The SP is artificially moving huge up or down due to low float and lowns volume For example I now have accumulated 20,000 and if I were to sell at market only one investor could drive the SP below 11 and if I were to double down and buy a year market same position the SP will go over 13 today volume is justhe over 40,000 so one person me is half the market CRAZY eh