Alliance Growers Corp ALGWF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Realistically....

[OneInvestor77]

INVSTIGAT0R wrote: Wow you must have MASSIVE faith in this company if you think that it would have been still over $1 right now. That would put it around a 28% loss from the ATH which is better than the big 3 currently. You must be stupid to think that ACG could somehow hold a 10 bagger in only 3 months time and trail down less than the big name companies. Without the hault we'd more likely be around .60 right now. I'm inclinded to think people are just realizing it's a longer play here and have moved their money to catch other industry catalysts. Don't worry though, license news and overall industry hype leading towards legalization will bring this back over $1.  

Before the financials debockle, not massive faith, just confidence in the fundementals that ACG had in place. Who really knows where the SP would be without the halt, but we could both definitely agree that it would be much, much higher than today. Comparing the potential drop to the big 3 isn't even realistic, they were off the charts overvalued compared to ACG and had much farther to fall, as this company had & still has one of the lowest market cap of any of the cannabis stocks out there, with many positives in the works. No question, the SP would've dropped during this pull back, but anyone who denys that the halt hasn't caused most of that loss in SP & investor confidence is delusional.