RE:RE:RE:Waiting for someone anyone to argue merits of michaelvim wrote: The flawed logic is this: everyone is comparing this co. to other riduculously valued co's in the same bubble. There is no "DD" to be done here! No revs, no earnings, no model, just hopes, dreams and a lot of insults from those who can't defend this any other way. People get emotional and lose sight of the point here and that is to make money. But there is some kind of incredibly dysfucntional love fair that many have with this co. which should give most pause to everybody.
LOL, you know how it works. Investors are basing everything on future performance not on what a startup class of stocks is earning now. It's no different than buying gold when it was $300 an ounce or investing in Apple or Microsoft or any number of modern age companies when they were in their infancies. Look at the explosion of big cap share prices in just the last few years. Those that invest in the sector believe that cannabis worldwide sales could rival those of tobacco or alcohol. It's still all new but who's to say they won't as more and more countries contemplate legalizing marijuana after seeing Canada's example?