RE:RE:RE:RE:Slow BleedCharlie_Chan wrote: When will they let cannabis stocks run again? If anyone knew the answer they would have already made millions from trading, however normal logic will not make a man wealthy in this business. The manipulation is counter intuitive to normal logic.
One key that I am looking at very closely and I believe it to be THE indicator as to how TNY will trade for the next 3 months is whether the BOYZ decide to bring TNY sub $.70. The $.70 close has been the line in the sand since Dec 06 of last year. If we start dipping into the $.60’s, I think we may have a trading summer like last year where we stagnated around $.30 for months. If we bounce off the $.70’s in a convincing way then we may start enjoying some green days again.
Btw, I don’t own shares of another junior MJ Company called TGIF, however I used them as a comparison in trading analysis to TNY. If you are watching trends, their line in the sand is $.50. TGIF is flirting with $.50 the same as TNY is flirting with $.70.
Tinga91 wrote: When do think they will take let cannabis stocks run again? You would think we are getting close to a reversal. Maybe in anticipation of the June 7th vote?
I'm confident that Tinley has enough near term catalysts to break out of this slump. Terrotorial expansion and M&A have been strongly hinted in the last few NR's. This will include a Canadian partnership, and many are speculating that it could be with TGOD (it makes sense in a lot of ways).
It's no secret COTT has a relationship with TNY. With the politicol landscape rapidly changing in the USA, it's just a matter of time before they get involved.
Co-Packing clients are probably the most overlooked aspect of this company. Jeff boldly stated during the webinar that they could possibly generate more revenue from co-packing services than their own products. Our CEO recently presented at the WSWA convention, and mentioned in an email that major alcohol companies are interested in the service. A deal with a "major" alcohol company could create some major buzz.
We are approaching the June 7th senate vote that should trigger a bull run of sorts, and the rapidly changing US landscape is something to be excited about.
Meanwhile we are watching the methodical release of the Margarita and all of the T27 flavors. We should see additional distribution deals, store/dispensary placements, expasion into Nevada, social media presence and a marketing campaign.
Jeff has an obligation to the $1.00 PP participants to correct the SP. Keeping in mind these accredited investors felt comfortable investing at a 20% premium, that should provide a little bit of insight into what is coming down the line.