Samren is a tool You’re a beauty Samren!
Shaw has actually called this one every step of the way. He has been realistic and logical at every blog post along the way going back a year or a couple years ago from concept. What he can’t control is the market emotions which make people do funny things. The current story is exactly the same as told by Shaw.
An analogy to VLE trading activity is Aurora Cannabis (I do not own Aurora but it sure is interesting to watch emotions feed into volatility) – the up and comer Aurora announced big plans years ago. The opportunity was huge and they are one of the weed market pioneers. From concept to seeing hundreds of millions $$$ in revenues in several years and in several more the metrics increase by orders of magnitude. It takes a couple years to construct the mega-growing facilities once the shovel is placed into the ground. The cannabis laws are on the near horizon and they’ll be ready to go when they get the word. It’s almost time to execute and mid-scale and large scale in the near future. That was an extremely long process and the patient investors sure have done well along the way. That chart is not exactly outstanding if you look at the one week, one month or three month. Now try the 6 months, one year and 3 year charts…..a thing of beauty. It looks very similar to the VLE chart doesn’t it. Aurora is still in the waiting period beofre the mega ramp-up and 10s of millions of shares would be traded each week and hundreds of millions of $$$ are traded with great volatility based on………..emotions.
VLE has proven the concept and the fundamentals are there….and its actually freaky to see how all the stars have aligned in the Thrace asset. The main questions are how big is it and who are the patient investors that see this come to fruition? I see VLE being in the same position that Aurora was in about a year or two ago.
Long and strong!