OTCPK:GBGPF - Post by User
Post by
dogger05on Feb 28, 2017 6:09pm
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Post# 25908661
Wow, there are some unrealistic expectations here
Wow, there are some unrealistic expectations hereIf anyone here thinks this stock should be moving at this stage, you should selll and move on to all the over hyped and overvalued plays like acb, aph, weed and lots of others. The way to make big money in the stock market is to buy companies that have a suitable capital structure and a solid biz plan. Cmed offers the best of both. It doesn't matter about Rec right now, it's not here and I would think that it will be a minimum 18-24 months away as the legislation won't be passed until at least June, then the provinces need to announce distribution regs, then there will be time required to have distribution network in place (such as privately owned dispensieries that will require robust business plans and capital commitments and application processes etc) don't kid yourself the provinces aren't going to allow distribution to bypass them as they will act as the wholesaler and make a couple bucks per gram, they aren't going to allow sales to begin until they are ready. Buy and hold, I held cgc for 2 years before I made a killing on it....was down for a long period of time...didn't matter to me because I had a 36-60 month time horizon. Cmed is the best play on the market bar none....imagine what it's going to take to move acb with 350 million shares out and another financing closing adding another 33 million plus warrants for 16 million they will have 400 million outstanding...a ten dollar sp would be a 4 billion market cap. Cmed at 4 billion market cap would be worth 200 a share....the best thing you could do right now is accumulate
just my 2 cents