color me agnosticeveryone here is either bashing ad nauseaum or trying to fight the bashers...both futile attempts imho.
technically, if .50 does not hold, lds will hit yet another air pocket and drop down toward the low 40's and potentially test the 52 wk low. I am keeping my powder dry to add at those levels. With the rumors around virtually no revenue generated for July and August along with no license to distribute, there is a very good chance this support at .50 won't hold.
I have really taken it on the chin along with many holders here and the jury really is out whether lds executes as they've planned. I did not buy lds for the cannastrips or reveur, i bought for the while label extraction - that is the bread and butter imo, if they are ever able to produce and deliver it that is! cannastrips and reveur face the daunting task of being a consumer's ongoing preference in which there are hundreds of options to choose from, many of which already have a better lead time than lds due to actually being delivered to the stores. The better capitalized companies with real vision did make damn sure there products were in stores. Look no further than at crz's earnings call tomorrow to see how the better capitalized companies saw this coming and avoided the pitfalls with which lds still finds itself in...blaming all the exogenous factors for delivering any tangible evidence of success. The potential is still here, no doubt, with the capacity they've built, so I am not dumping but certainly woul not be pumping it either... Just my 2c as I see it!