RE:Alot of it depends on mmed
if people look only at run offs to a hit sector and even if stocks run that is about the worst way to assess what is underlying any company and whether it can sustain and hold longer term growth and be justified and proven to do so. I would rather look to see what will make stocks worth buying into. Sure the hype of sectors like the .com boom had people invested in any tech company and if they got out before the implosion they came out massively up. We can gamble on sentiments nothing wrong with that stocks are 98 percent driven by that but there comes a time when they are too hot and trading too high what's underneath becomes the determining factor and to ignore this can be quite costly. This company through its acquisition of wow can make accretive revenue in this year 3 million dollars with a gross of 38 and 40 historical values. This is from Wow with I would imagine just limited means. This company you can say is like what the dragons and sharks are where its job as per what is stated is to grow the sales and reach to a company that is having fairly strong sales the same is desired of bloom in the uk. Everything is about credibility branding and quality. I had visited the bloom website and there are quite informative blogs which is really good and quite a few products under product specific brands. The design and packaging is quite attractive and there is no doubt the people at bloom are very passionate in what they are doing. Their philosophy is not only to sell products but to also provide knowledge and education about the mushroom cbd etc on a broader and general level and do so through the blogs. When people criticized this company not understanding what it is they missed the whole point which is this company is looking for others in the health and wellness field that can further grow from where the owners have brought it to again the best way of seeing things is the company is like the dragons and sharks that they selective chose on its careful assessment whether projects are worth pursuing. Being 256 percent up in buying shares of companies like lockbox is quite impressive. Given the company keeps making smart moves and doing its job to create further growth with those they work with seems like a winning combination and a more sustainable to look at your holdings vs just hype and sentiments which is simply blind gambling but hey if it works for people like the saying goes why fix something that isnt broken. Overall let's see where things go I am really happy about the accretive revenue and that too with a very solid historic gross profit margin of 38 and 40 percent so overheads are quite controlled which is awesome mor potential net profit when it gets there. The key moving forward will be to at the very least sustain the gross range while pouring monies in to move through the distribution channel if not also increase it by cutting expenses that wow had existing prior to spor stepping in which is something the sharks and dragons say they can do and expand on and likewise this is the company's function and responsibility. I look forward to seeing the company successfully doing so with all those who they select to work with. Shares should remain fairly stable and otherwise flat without further news on developments with bloom and wow or on any new venture but will bump as people will say on any news showing that the company keeps selecting the "winners" so far so good on their picks and the share value at a solid range which seems stable so that is always good because when you have an established and solid base then you can have the growth on those foundations. Good time to add during stability if you think that it is a right choice based not only on hype but on the underlying true strength of the companies (strength is both strong and weak). This company at this point seems to be on the right track and picking those who have been gaining which is great but those companies need to continue to do so while this company picks many who will do the same. Let's see where all this grows :-) (goes) glta