Lifeist Wellness Inc V.LFST

RE:RE:RE:RE:RE:RE:RE:RE:MANY CANNABIS STOCKS ALL SEEM TO BE

[INVINCE]

I planted a seed and you bit on that mixed up previous post of mine. Your reply exactly indicates what your intentions are pertaining to this stock. Past present and future. You clearly a visible shorter in disguise. Good luck on your journey

randomtask wrote: you could have saved yourself some time and said you have no idea. 

by the way you are speculating by holding the stock that the price is going to rise so after all that rambling whatever point you were trying to make is mute.  the more i read your post the less it makes sense to be honest.

this is the fact of namaste right now:  they are losing money and have no foresight on when that is going to stop.  I haven't read on single document produced by the company that gives any insight to when they could be breakeve and as a shareholder that scares the heck out of me.  They have finite cash with no direction on how long it's going to last.  More facts, the options package they just announced, that's admittance that there is a serious going concern on their cash position.

If they release financials on day 60 or after, i can tell you right now it's going to be ugly.  IF they release early, it could be a good sign that the bleeding was stopped for at least a quarter.

Take that for what it's worth but that's what we call reality in the investment world.

INVINCE wrote: You ever hear the expression "Deal around the corner" its always they're. Kinda weird im getting a flashback as im stating this post. Random your brain holds alot of knowledge you set yourself up in life, your the one incharge.
You yourself are aware it takes a cash percentage of consistant money to make money, keep the flow going. Theres always slow downs popping up.. facts of life recalibration.
I tend to stay away from future numbers. Why? you never know whats around the corner right ). Speculation of the future Namaste is clearly a guessing game. Whos to say possibly within approx 4 weeks all your previous and current thoughts and views of Namaste would be tossed in the garbage shredded.
Anyone can, sure i can give you a presumption of dates, numbers, years but why? All these current scenarios are right infront of your eyes. I base my thoughts on actual present times not "future" on certain stocks. Bashers freely can bash on stockhouse but why do they disappear when a stock puts out a great news release and share price rises 15-20% ? Pumpers on the other hand can pump their own brains out but also if the share price declines 15-20% they disappear ? Both showing Admittance of Guilt put them into a institution..
These forums do serve a purpose but it is not here where the [ Money of Namaste ] is made nor where the [ Products are Sold ]

 

randomtask wrote:

ok so what's your target on namaste and why?  When do you think they get profitable?  That's the only way SP is going to rise substantially. We know they need about $40M a quarter in revenues to get there. I don't see breakeven in the next year.  I see cap raise and then maybe end of 2021 or 2022 cash flow positive if they last that long  

 

INVINCE wrote: I hold many shares. I only go in with big amount$ Im patient with some stocks and this one happens to be one. I base my moves on 65% to 75% percent value of increase. Never fall inlove with any stock companys, otherwise if you repeat and rinse the first marriage will be great but if you remarry the stock the divorce may take away all your profits ... and turn into ZERO

 

 

randomtask wrote:

no I've repeatedly posted my position; I bought at .60 sold half at .80 and still hold half the shares.  I'll buy more if it hits .29 and get out if it hits .50  

why are you here? 

 

INVINCE wrote: So the only reason your here is to BAG afew bucks off and on ???

 

randomtask wrote: That's when everything was based on speculation; you'll have to find a new sector to see that kind of frenzy again.  Now, it's game time and you need to prove yourself with positive cash flow.  News releases aren't going to be enough for big runs anymore.  Money has fled this space and the only way it moves back into these companies is for them to start making money.  Like Meni says, "it's time to show, not tell" (i probably messed that quote up)

INVINCE wrote: In a state of semi motionless movements of SP including message boards. Do you remember 3 months into cannabis legalization how crazy cash flowing money making for everyone was? Would be excellent to bring the past into the future....and have what we had once before