RE:RE:RE:RE:THE BIGGEST CHANGE TO HEMP AND CBD LAWSHaha ok first off I have no expectations really as I said Im a day/swing trader I try to go where the moneys about to I dont play the long game secondly this is a baby and booming new industry theres going to be a lot of failures and a lot of changes over the next three years, what i know is TGIF is creating a grade A product thats selling out and as long as they can expand naturally and hopefully quickly, and the way they've shown how they can continue to grow revenue with how small they have this company isnt going to fail, theres way to many varriables that can happen in the next 3 years that can see this stock easily to those valuations. Lastly and most importantly I really just through those numbers our there because frankly that wasnt the point i was trying to make, it would be more benificial to this board if you focused your comments on the points i was actually trying to make, if you want to banter about future SP of TGIF im sure theres someone out there for you.
BaitingBateman wrote: You think this is a $1.3 to $3.2 billion dollar company in 2-3 years (at 320mm shares fully diluted)? No offence, but look at co's operating today with valuations in that range, look at their asset class. We're talking about a 67k & 12k facility in one State. There is zero chance TGIF achieves a sustainable valuation north of $1.5b with their current and pending operations. Not by a long shot. Given their current capex and opex obligations, there is no meaningful reserve to execute accretive M&A activity that could take it to that valuation. Either a drastic reduction in expectation or a drastic increase in share structure is in your future.
CscottRun wrote: Its actually really simple and logical why this stock isnt moving upwards with the rest of the industry and it has nothing to do with how good this company is, as I for one love this company, think there doing everything right, not over expanding by dilution not over reaching into unprofitable industries, focusing on growing grade A product and continueing to grow revenue while maintaining the same grow space. However none of that currently matters as TGIF is stuck at max capacity, until expansion plans are done there are no speculation fantasies about unforseen profits, we know what where getting for the next 1-2 quarters and without a LOI or aquistion what your going to see is the people who move stocks, day traders and swing traders, move elsewhere. Ask yourself why would i put my money into tgif right now which wont be able to see any immidiate benifit from the farm bill passing when I can move it to a company that will benifit immediatly and immensly from the farm bill? I for one as a swing/day trader sold TGIF at 45 after getting in at 40 the day before to get into CROP, not because i think CROP has good fundamentals or financials actually the complete opposite because nobody knows what there financials are going to be which leaves huge room for speculation and being that there heavy into Hemp and in the process of building a massive processing facility it added up to the perfect storm. Point being in all this is longs dont move the SP swing and days do and swing and days dont really care for fundamentals we care for speculation and the unknown as thats where the big money is. Lastly if your a true long then dont get frustraded just accumulate this is a 4$-10$ stock in 2-3 years just set it and forget it!