Choom Holdings Inc CHOOF

Do not bet on the USA to drive this higher

[npilger]

Lots of speculation, I was in at 0.12 and pulled at 0.20. The valuation of this stock for the next 4-5 months is not looking higher than 0.17. Will it go higher with more stores? Yes, it should after some time. Are thare any new stores being allocated in Ontario for Choom? Not at this time. The BC and AB markets are getting close to "realistic" saturation considering the current climate. However, if the US market opens up, then this company could do quite well on the west coast. The east coast is all mafioso territory, and the south, well they do not exist for a company like Choom. I will reinvest once it hits 0.12, probably a week or so. There is potential, but I say take your earnings when you can. Look at the other related markets, CHOO will ride the coat-tails of FAF (they have more Ontario stores opening), but the big winners will be the actual producer stores, once they get legal authorization to sell direct. Nevertheless, no significant changes should occur until a couple of elections pass.