GREY:JWCAF - Post by User
Comment by
ajml53on May 13, 2019 3:12pm
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Post# 29741759
RE:Pretty soon I'm going to have to bail on this!
RE:Pretty soon I'm going to have to bail on this!Conestoga,
Thant would be a mistake.
Listen (again) to the last Midas Letter interview with Nathan, if that's not convincing enough then maybe this stock is not for you.
JWC, in my humble opinion, is the best cannabis company by far in the whole sector: in addition to the GrowthSTORM and Dual Droplet system (patent pennding), they have the ability to licence their proprietary system worldwide AND, they are well on their way. They are in the top tier of producers with the purest product in the medical marijuana space, and this will translate beautifully to the recreation side as well.
The entire management team is determined on building a unique, sustainable and above all else, a quality multifaceted company with muliple streams of revenue.
If you don't like the volatility, get out of the space. When I looked earlier today Canopy was down $4.00 and JWC was down 0.02.
Nathan has recently said "slow and steady winns the race". He's right!
I firmly believe this will be a $2.00+ stock by the end of the year, and we will be north of $3.00 by July 2020
I'm not a pumper, it's currently my #1 holding, and I added substantially to my pposition last week at 0.99. I'm not worried; I'm personally not going anywhre until I see a buyout over $5.00.
Conestoga, if you decide to hang in, I'm absolutely convinced you will be a happy camper... and don't take $1.50