Ground Floor Opportunity in a Sector With Exponential Growth Finally yesterday there were some posts with substance and real facts instead of the same regurgitated news that 3 posters on here insist on posting because that's all they know. 1hot-techwoman and srtman03 are the same person posting the same stuff over and over everyday making this a rather lame board. Anyways it takes real dd, knowledge, skill, creativity, and proper grammar to convey and convince others whether a stock is a potential winner or loser. Granted! Not all of us have what it takes to do such, so there'll always be the annoying pumpers and bashers posting little substance or credibility behind the words they spew.
The basher that created an account here yesterday to kindly announce to this board that he/she decided to wake up the dreamers on here that are thinking ABcann will be above $2 in several months, and also that he/she would only buy ABcann at 40 cents - but later on admitted to owning shares? Patience grasshopper!
First off this is called investing on the ground floor in an industry that is going to see huge growth over the next decade. To say this is not worth $2.25 now using their current earnings is speaking Captain Obvious language. Most of us are not here posting the same price target on a daily basis in hopes that it'll reach that target before spring 2018.
In November 2015 I was holding EMH at 23 cents and said within a year it will be over a $1. It was a laggard unknown stock with a private company owning 65% of their shares. But I kept buying whenever it dropped below 15 cents because my dd was certain that EMH would be a winner and the marijuana task force report would be pro recreational. Well I took that right to the bank exactly 12 months later - it was fricking crazy how this sector spiked,, making big $$ for the patient longs!
This sector in the next 12 months is going to get even crazier than Nov 2016. Most of the big money couldn't invest in these stocks then or even now, on the basis recreational use is not legal yet. Wonder why the majority of analysts on BNN are saying stay away from this sector? It's because their firms have to despite the blue sky potential, but once it's actually legal, they like everyone else will gladly be jumping on the marijuana industry bandwagon at much higher prices. This new industry is going to provide a once in a lifetime chance for many to make some serious money over the next 2 years and beyond. Sure there’ll be some nice gains made by most that hold on to their positions over the next couple of years, but ABcann will definitely be on top with a select few and at their current market cap will provide much larger shareholder gains than most of it peers.
There are many good reasons I jumped into ABcann, but for me the most important one is they have the best consistent quality of organic marijuana grown at yields per square foot that are 150% higher than the top ten market caps in this sector - it’s all about quality and production numbers! ABcann has top notch quality product and in 20 months will have the production numbers that will generate an annual revenue close to it’s current market cap. By then someone can justify the share price relative to earnings, but by then ABcann will be well above $7. It's only a matter of time before the marijuana market starts to go into hyper drive and that's why I prefer to be holding now with patience, than trying to catch a speeding train - All aboard!