RE:RE:RE:RE:RE:No volumeThe rules are the same for all and FIRE will move as sales and rest of fundamentals dictate....I think there is going to be more adjustments on the lower side for many others in the months to come, as current valuations prove to be too high. FIRE needs to meet sales estimates and maintain/ improve quality to see SP and trading volume increase, or heaven forbid implement the RS.
I like most all the longs would like end the waiting and see higher SP levels as well but I didn't wait this long to not realize the gains that this company is poised to generate...the positive assessment of FIRE is an industry wide assessment not just mine. Hind sight being 20/20 I would have done things much differently of course, but at the same time realizing a ~500% gain on investment to date I can't complain a whole lot either.
The only area I may disagree somewhat is in the exposure/ promoting of FIRE, with all the articles/ interviews/ info out there both sides of the 49th, Brand of the Year, product flying off the shelves when there, etc there can't be many that are not aware of FIREherb and the quality of it....as we start to see the fuel in the pipeline activated the high volume trading will be there like always, when and where warrented.
I still see a triple from here easily for FIRE over the next 12-16mos if estmates are reasonably realized, but do not see that for many, if any, others with many to be lucky to be here then at all or trading much higher than today....can only move on from here and FIRE still looks to be one, if not the best, of the stocks out there, JMHO....Opt
theTransporter wrote: Nobody is arguing that perhaps the current valuation is proper for just current revenue taking ZERO consideration for any future growth.
But you tell me why should FIRE be valued to a different set of rules than the other LPs whose valuation is based on FUTURE potential. Problem is here that NONE of FIRE's future potential is even considered in the valuation.
I don't get some of the mentality here by you guys. You'd rather WAIT for FIRE to produce the future revenue and have the valuation change then? I'd rather have the company valued for tomorrows growth TODAY! Time is money and I want to make money TODAY, not 3 to 4 year from now.
The shareholders at Canopy and Aurora are benefiting today for tomorrow's potential revenue. Absolutely NOTHING wrong with that as I'm here to make as much money as I can as quick as I can.
THing is the mentality of some of you guys is you'd rather make your 5x ROI 2 to 3 years from now to "prove the model" vs. making 5x ROI today.