Post by
Masterbuilder on Feb 10, 2019 11:27am
You ain't seen nothing yet
I am long this stock for good reason. Unlike the nosebleed valuations of the better know names, the US counterparts with 10x the market opportunity are just getting out of first gear. Now that weed is legal and Canada has not suddenly turned into a cloud of stinky dust and vapour, institutional investors are calming down and looking for entry points in the next wave of market development. Sure, some corporations have jumped into a few spots, buy that isnt where the big money is, and no bloody way will they bid up Constellation, etc. positions. The completed transaction will transform this company into a top name ( if not THE top name) in prudent big league corporate cannabis. The CEO is not some dreamer who failed in mining and is now a pot entrepreneur. Hadley is the real deal and big money doesn't speculate. So... the time is near for some gains in operational efficiencies and further expansion of the footprint. Our market cap is really small given the assets, strategy and financial leadership. No reason why we can't double the market cap, assuming no change in shares out. Double the cap = double the price. Watch the volumes, in particular trades over $100,000. While most pot stocks are trading on gas vapour, we're about to get a shot of Nitrous Oxide. Hang in there! You ain't seen nothing yet!
Comment by
justasmuck on Feb 10, 2019 11:51am
couldnt agree more. Stock is undervalued amongst peers and i give management a huge premium. WEED of the USA. Going to go.
Comment by
Krashockey on Feb 10, 2019 5:03pm
Definitely agree - did a few hours more DD this morning as I’m looking to move some long term funds from Canadian plays to US. I am slightly concerned about the current entry point and will probably wait this to see how it plays out. 7 green weeks in a row means we are due for consolidation.
Comment by
Bikesouth on Feb 11, 2019 8:38pm
I am real curious how this will weather earnings on 2/27 so many times the market is irrational. Do you add before or after? That's always the dilema to entry points. Regardless if your long I don't think adding to the position prior to earnings is a bad move. This ticker is flying under the radar, which will not last too much longer.