RE:RE:RE:RE:RE:RE:RE:RE:RE:DistributorOk the simple answer to this is DUH it's going to get legalized and that is PRICED IN THE STOCK.
if an unforseen event such as not being legalized - this will need to be priced in the stock - THUS PRICE WILL DROP DRAMATICALLY.
which was my original response. Someoneboday said that the stock price is not going to get affected weather or not legalizeation happens. What i'm saying is YES IT WILL.
WHY? beacuse it's priced in that it will get legalized...
this is how the stock market works....
neoneil wrote: Lets get real here - Bill C-45 passed second reading 44-29! That means a few conservatives voted in YES!!! Legalization is comeing end of story. Lets move on.... I would like input from the good fokes here in June after the 3rd reading do you think the Big boys (instatutions) will park their momey in MJ sector? ImWarrenBuffett wrote: LOL are you kidding me with this statement?
If canada does not legalize you're going to see this stock go DOWN HARD. How can it not?????
Stop thinking small - what makes these stocks move (right now) are NOT earnings. News is only temporary movement as well. You need sector wide sentiment if you want to get a meaningful rally.
He did a short term play which was correct - however he should have bought back today on the double bottom. I know i loaded up as i've been waiting on this technical rebound.
While the fundamentals of tinley is amazing, it's going to take time for it to be realized. People in this board are DAY BY DAY watchers of price stocks AKA: newbie investors that want to get rich quick.
There's a lot of forever bulls in this board that post day by day who say they are long term investors but beg for news. This is not just targeted to you Greede. Long term investors should not care about day to day movement...
Greede wrote: Your thinking is a bit skewed regarding this stock. We are a US-based company aiming hard at the largest cannabis market on the planet. What Canada does nor does not do in terms of legalization likely won't have much impact at all one way or another here.
Every news release and update we get will be focused on T27 and our success in California. Period.
luther30 wrote: It's true I wont lie. I sold off the rest of my shares this week around the price right now .80. No malicious intent here as I believe in managment. I just see these markets as a bear now and I'll look to get back in at lower prices. I don't see how a NR of closing the PP should make the SP go north. The NR of the distributor will be worth holding for though. I'll guess after testing we get that news on 4/20! If the price is right I'll buy to hold for that news.
I also believe we wont see the hype run leading into legalization everyone thinks. I think by the time we go Rec the markets will have moved to more realisitic market evaluations.
THCbeverages wrote: Luther and Kingbear didn’t time it right and got caught with their pants’ down. Poor babies!