GREY:YSSCF - Post by User
Comment by
BMW4FUNon Mar 26, 2019 1:39pm
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Post# 29537804
RE:RE:RE:Re: Too many shares outstanding?
RE:RE:RE:Re: Too many shares outstanding?Most of these mj stocks are highly diluted. It's a fresh industry still proving itself and these companies raise capital by issuing shares. Need money to make money, that's how they stay afloat till everything falls into place and the money starts flowing in. Eventually stock splits will be done to lessen the dilution in the future.
Too many novice investors on these sites and why do I have to explaine stock 101! This industry right now is pure speculative being so new. These mj companies are reporting losses or mild profits, like I said a brand new industry not even a year old still trying to sort itself out. Yes there will always be winners and losers with any stock in any industry, it's up to you to do your due diligence! This industry isn't even a year old and people are whining. If you don't have the stomach to take the wild swings because you bought in at the highs, either turn off your computer for 6 months or this stock market stuff isn't for you and you need to focus on your job slinging hash at McDonald's!
We as investors should be educating ourselves on this once in a lifetime opportunity that has presented itself to us. History in the making with a chance at huge gains if you do your homework.
Hint hint another economics lesson, SUPPLY AND DEMANT = SHORTAGE OF WEED AND HIGH HIGH DEMAND FOR IT! The stores can't keep it on the shelves, they are running out of it daily. So what happens now? The market will always figure itself out, WE NEED MORE WEED PEOPLE! So now demand creates new companies growing the weed till the demand is met. Isn't this exactly what we are looking for? The Holy Grail right before our eyes!
Aurora has over a billion outstanding shares, stock price $12 Canopy has nearly half a billion o/s stock price $60. They don't have much profit to report pure speculative that what they hold will make them a lot of profit in the future!
CHILL OUT PEOPLE AND TAKE IN THIS OPPORTUNITY!
Always do your own due diligence before buying any stock
Staying long