RE:RE:RE:RE:RE:RE:RE:NEWSMostly hype Nuke, and that gap is going narrow substantially in the near term...based on fundamentals, FIRE SP is the most reasonable and the rest are high. Valuations, for the most part, are based on a huge, varifiable, untapped, global, legalized cannabis market that is going to start on Oct 17th....and everyone knows there is nowhere near the supply to meet the demand on Oct 17th and will not be for at least the next year as production ramps up to meet demand.
The FIRE business model is designed and is on schedule for this market and should be able to sell everything they have and can produce between now and Oct 17th and at least a year out from there....while adding an average of ~50,000ft2 of area under crop per month from here to end of year. This will allow for excellent brand and loyalty growth for FIREweed and with the quality of herb solidifying a strong standing in the global cannabis market going forward., JMHO....Opt
NukeLaLoosh1 wrote: Unfortunately if we're waiting for revenue realization, then we're not in good shape. Are any of the other biggies trading at levels consistent with their rev's? There is no rational reason why we are sub $2.00, let alone $4-5 at this point....which simply means our leadership focus is not where it ought to be. We had better not end up like HIKU and get sold for a song and a hill of beans.
OptGreen wrote: Agreed jpm, the dog days of summer for sure and with Oct 17th being the established start date they are in no rush for another month or two...there won't be any market changing revenues much before then and Supreme should be ramped up and a, if not the sales leader, pre Oct 17th.
The SP manipulation will continue until increasing revenues are realized....there may be a fairly material number of shares still held by the longs and they will hold the SP down as long as possible to squeeze as many of shares out for as low a price as possible.
With another ~25grow rooms to brought on line over the next ~5mos we should be seeing another 3-6more rooms by the end of the month or early Aug....and they should be able to sell everything they can grow before Oct 17th, as supply will be minimal and demand on Oct 17th will be beyond what many have estimated. FIREweed sales, with revenues in the till, will be on the increase from now on to and well past Oct 17th....Santa is coming early this year and the sleigh is over weight with FIREweed!!, JMHO....Opt
jpm59 wrote: very low volume. no one selling & i know, not much buying. Wait till end of summer, just like last year.All the pot stocks were down. The manipulation will end this fall when the brokers get back from summer and the rally begins again with all the pot stocks. Retailers are holding.Institutions yet to buy..this season.