RE:A few thoughtsMy first post April 22, 2016 SP= $2.69 . I've sold chunks at 65, 60 and 56 CAD. I got those likes connecting with people all along the way, something you are not likely to have to deal with ghast.
WeedTheNorth wrote: I'm a long investor with 1/1500 of CGC shares. The next point I'm considering selling is day 1 of legalization. Shorts and day traders can go nuts doing what they do because at some point 1499 other people like me will own the remainder of the company and the shares will finally reflect the true potential. Some ideas:
• current market maximum demand ~33000, potential demand ~7-11 million customers
• my guess is new medical rules demand that you purchase from an LP (they will mandate insurance companies cover cost in order to deal with affordability) unless you grow YOUR OWN 6-10 plants
• with the ground work with doctors they have done, CGC will continue maintain 25%+ market share at least until the rec market comes online meaning they can use more cash flow on the build outs
• if Bruce can execute and raise revenue to just $150m (he's said $350m) a 10 times increase in revenue means higher SP
The bottom line is there isn't another sector with anything near this potential over the next 2 years. Let's sit back, let's not begrudge the shorts for being good at trading direction (I think longs selling at these prices are dense).
ive been a leader in most things I've done in my life and you get used to walking in fresh powder. Trust your thesis and certainly never make investment decisions based on forums! I do like the article postings though, thanks for that peoples.