OptGreen wrote: Not to worry yet ST0, hind sight is always 20/20 and with the paper loss since $70 is probably more the norm for most of the green invested in this company...and you could be selling at a healthy multiple of $70 going forward.
While nobody here knows, myself included, what is going to happen going forward one has to balance the facts and gleen out the fiction and noise. The facts are that CGC is being assessed on the historical facts and figures of which scream sell and have for some time but does not include the results from STZ grabbing the reins and the changes since or going forward...Klein has told us that he is targeting over the next 2quarters to realize profit, of which has been not changed to date and we will get a better picture with FQ2/22 report Oct 9th, until then there is very minimal or no fact to be had.
The only problem the company has, that we have any fact based info of, is the political issues across NA with all the political and economic suicide to date and hopefully very short lived from here...the SP is not based on where CGC is today or where they will be. If Klein is on track or even close to plan proposed we will see that $70 in the rearview by year's end unless the political/ economic issues dictate otherwise, in which case invetment will be the least of our worries.
Most states are legalized now, in various forms of rec and med, the baking issues are at the fore and appear to be on the road to being corrected in the near term with STZ in on the ground floor of it all and maintaining course...one thing is sure I won't be taking my advice from the lunatic fringe baking shite on the board daily. Everyone needs to do their DD and buy, sell or hold accordingly and I hope you can find the solice you need on wharever choice you make for you. JMHO...Opt
St0ckgirl wrote: I do feel like a bonehead for not selling at $70.00 (missed it rwice). When it hits $70.00 next time I will probably hit "$ELL". I wanted to hang on to my shares so I could gift them to my son some day, but we'll have to see about that. It all depends on the price I guess.