RE:RE:RE:Focus on the stock and report all garbage posts...LeafRider wrote: Tycoon84 wrote: LeafRider wrote: There are people here that are paid to spew negative comments, there are definitely pumpers on here as well. I'm neither, I own a few shares, but I'm leaning on the side of letting this head lower or maybe adding to the pile now. I just don't see Namaste's management really excelling, even Dollinger wasn't the answer, sure he created a spike moment last Sept. that would've allowed some to make some huge money on this thing, but $3 is no where in site.
Personally based on the chart and the negative happenings lately sitting at $0.75 is probably very appropriate to what they've accomplished lately. Do I like the investments into Choklat and Pinnapple Express, absolutely those areas of the business offer growth from the small amount invested into those areas. Long term Namaste could be the online LP with access to product from many LPs. Basically it's the one stop shop for medical for patients, why would I be a member of Tweed / Spectrum when I can sign up for CannMart and have access to 10's of LPs with multiple products. Now it's up to Namaste to get that information out there, which I don't think they can really advertise based on the Health Canada rules.
Long story made shorter... Where is this going next? Auditor's report stinks up the big one and even more people dump there shares, or an average report followed by optimism and bunch of new developments for Namaste who has their hand in a lot of things globally. At some point something big will come to fruition here and shareholders will get their bump back over $1 which is where this should be today if it wasn't for management jerking around management.
I plan to hold what I have an add on weakness. I don't really see Namaste turning the other way. Does anyone have a clear picture of if they could ever get involved with selling recreationally through their online platform? Does it seem like Namaste will be the online source for distributing certain LPs exclusively for both medical or recreational. The provinces control of retail is quit honestly going to hurt Namaste long term, but those rules will losen off over time...
Mind you with Trudeau on the way out anything is possible on 2019 legalization of concentrates, edibles, drinks, etc... Lots of momentum on that side, but where does Namaste fit... You can't just be in the competitive accessories space online and expect insane growth simply because there will be recreational growth, they need to give us something other than their online vape presence and yes I like CannMart, but that is just Namaste getting product at a wholesale price and getting some margin on it but wouldn't be the same as an LP selling product through their own online medical stores which most of the LPs are doing successfully right now.
I need something to add a pile of Namaste now, or I just need to wait to the 50s and then load the boat. Not quite sure, but we are at a cross roads, this is going to go either way from here. Maybe a buyout like HIP is what Namaste needs, because it's not like management seems like they're on top of things. Auditors just don't resign if everything is good to go, that just doesn't happen. There was either issues with management (most likely - but speculating), or issues with what they see on the financials which (less likely as they will be better than previous reports).
JMHO do your own DD.
Another novel, get a life bud!
Go drink you juice with your basher millenial trolls "bud". Clue in you're not the only stockhouse user on these boards. Mr. Bully come out from behind that laptop why don't you?
I'm def. Not a basher idiot, I've been invested here wayyyyyy before you. You are soft basher, saying namaste isnt worth 800mill..buddy have you seen all other valuations in this industry? F*ck you are dumb, if you are going to say namaste isnt a $3 stock then be prepared to compare our revs. To other multi billion dollar market cap LP's. So yes compared to others in the sector we are very undervalued. Is the whole sector over valued? Probably