GREY:CHALF - Post by User
Comment by
syl3993on Nov 08, 2018 1:44pm
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Post# 28945207
RE:RE:Your new CEO
RE:RE:Your new CEOI appreciate a civil conversation. In my opinion by judging a company by it's share price is a mistake. The same way a company can be manipulated to the down side the same can be done to the upside. There are many Canadian MJ companies that are way over inflated as far as there share price is concerned. Does that have anything to do with the company? No it's not, it has everything to do with the market makers that trade the stock. Market makers direct the direction of a share price because they trade in very large volumes. Personally I prefer to buy into a company that I feel is doing what I feel they should be doing to advance their company. The share price is beyond their control.
I'm obviously not as informed into how TRTC's share structure has come to be because I'm very new at following them but as far as GLH is concerned the company is doing extremely well following it's business plan under William Simpson but Simpson didn't start this company. GLH had to do what they had to do to come up with capital early on and how they chose to spend that money is why they are having a hard time shaking off the bad vibes. Don Robinson tried to run this company the same way he ran Cara foods and thats by throwing money at problems. You can't do that as a young company and never mind Robinson had no clue what the MJ industry was all about. Do you think that's the same story with Simpson and Peterson?
Watching videos with these two CEO's I see two guys that are extremely passionate about what they do. I'll take the passion of these two CEO's anyday and I'll put my money where my mouth is as I have. The positive share price and well deserved share price will come in time. I don't want to own a company with a share price making me wonder if I should sell. If a company is doing all they things they say they will do and I believe as an investor in those ideas then why sell? I don't sleep well at night owning a company that's trading at a share price that's inflated to what they're actually doing as a company. I believe GLH and TRTC as a combined company will get the respect of the markets in the next few years to come. What I also believe is that Simpson and Peterson are not done building this company, so here's to the future.
Cheers