RE:RE:RE:Is this drop because of the progress report?It is tough to be positive when you see your investment languising while other Companies in the MJ sector are seeing gains of 30% daily on occation. These other MJ Companies are mere pump and dumps (my opinion) and are great vehicles for the Hedge Funds and brokerage houses to go long then short then long again......regardless of the merits of the Company. Some MJ's are producing nothing other than a wet dream and are being valued in the Market place in the 100's of millions. Have a look at CBW.....no revenue, debatable service that they are selling and they are valued at $150 million.
Seeing we are recieving some Investment advice from one of EAT investor today (No disrespect Mickyb)....well have a look at that fine Company. They are a fine landlord as most of their dismal earnings are being made in renting real estate......zero in producing there claim to fame which is THC infused choclates. They also have almost 1/4 Billion shares outstanding and valued at over $25 Million. *Gulp*
So what does this have to do with TNY? Nothing actually! However we dont have the Brokerage traders in our lot so this has put a barrier on any advancement of shareprice without substantiation via product sales/development. We have a very tight suppy of shares with only 66 million shares in the float. (Total 73Million SO). However our Market Cap is only $19 Million. This is only attractive to the few fortunate investors who currently own shares of TNY, because when our products get in full swing and when sales begin to pick up as we all know they will.....then what should the value be? $100 Million? $200 Million.......I say when we have the monopoly on THC infused adult beverages then why not $500 Million? That would translate into $ 7.00 a share if there is no further share dilution. And don't forget the dividend as well!
Hang on Guys.....our party hasn't even started yet! Just a bit more patience required!
Emyemyemy wrote:
I care. And it's not zero patience. I've been in since last October. I've averaged down. I'm at a .36/share and still mostly in the red for weeks on end. Don't tell me I don't have patience for asking a legimiate question on a discussion board.
You bet that after nearly a year I want to know why this stock can't hold a gain. And you bet that I am running out of patience for the company that has literally been dragging my holdings down because again, no matter how much I average down, somehow I am nearly always in the red.
I have patience. But I have questions too. And I don't think I'm the only one frustrated.