Post by
geodcan on Feb 14, 2021 5:50pm
It's tough to be right and wrong at the same time!
Since before I bought into Bhang I felt that they had something significant and I put my money down! Ultimate dissapointment when they fumbled the IPO so badly. Timing was terrible for ipos as I watched a very similar in size and stature company pretty much did the same as they ipod. February seemed to be the turning point for Bhng and I was right about it being beat down so badly and the chances of it coming back but I was too low on my bid to pick up another 100k shares. I'm trying to temper my enthusiasm as we really haven't had a lot of news that justifies the uptick other than the Democrats in control, sort of. Not enough to put the final nail in Trump's coffin which I guess, is going to be left up to the Republicans to decide if he is their messiah and they want to continue with a leader that thrives on chaos. I have high hopes that the Democrats get on descheduling marijuana from the Feds and allow banking and such other tools that all other companies have access to. Bhang's hope is that their award winning chocolates are runaway winners and it looks like they have a lot of interest from PBIC who are money raisers that seem willing to invest in greenrush potential. A sweet multiple takeout for Bhng is a good possibility because of 100skus and a 11 year survival rate. A new management push is in order because the old team can't keep doing what they have been doing since going public. PBIC, it seems, likes what they are and are willing to invest in pot stocks and recently plunked down on GRIN too. Time will tell! glta and dyodd