GREY:IVITF - Post by User
Comment by
NipNapTappyon Sep 15, 2018 11:36pm
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Post# 28627675
RE:NipNapTappy
RE:NipNapTappyWell I am an old guy who has been trading for years. These type of investments are very risky and definitely not where the most of my money is....but these investments are by far the most fun. I have watched IVITF every day for the last two weeks at level II and there is always someone selling consistently, not like a short.. more like subtle dumping. Like someone wants to sell shares but not destroy the price to drastically. Market Maker VALX has a steady supply and stays on the bid/ask with the largest share blocks. A lot of warrants have expired and we won't know the float damage until the public float is updated in the annual report. This might reveal where the shares are coming from...could be warrant monies received which will make the float larger. But Invictus has always been treated like the ugly stepchild hidden in the basement. I have struggled to understand how companies at the same stage of development or less have much higher valuations. There will be a time when no LP can hide, investors will expect fat revenues in the quarterly reports after legal sales commence. Should not be hard to make money since every analyst is predicting shortages of weed in the first year. Those who produce consistent gains/revenues in the first year will have share prices follow. Those in a position to sell oils when allowed will have a leg up since oils are banned for a year until government factions rule on the rules. Invictus has impressed the cr@p out of me except for the Gene decision....but...that may pay off as well. I mean he can open doors that others cannot...Indy and Mclaren both hired him and Forbes Magazine has articles where he is touted as a genius... I am only here because an old friend of mine and I started a little side bet on who could make the most money in the pennies... But these pot plays have become serious investments that can be life changing and we are putting more money on the table.
Many analyst agree that Invictus is one of the best undervalued deals left on the playing field.
My mantra is CPGS = Caution, Patience, Greed, Stupidity. If you arrive at stupidity greed got ya....
We could all make a lot of money.
Ps... GLTA