Post by
MrAMG7 on Dec 10, 2020 1:26am
RWB is still a good company.
I sold my shares for doubts of PharmaCO closing, but it's still definitely justifying its value. Platinum Vape is capable of enough revenues to justify a 66-75 cent stock. I moved onto CBDT stock to be honest, where I made a lot of money recently.
If this thing really wants to pass the $1.00 and get into the $2.00 range possibly, it'll need that closing of pharmaco. If not, they'll need to seek alternatives and simply start selling what they have. In any case, they are far from an empty shell and have many options to sustain growth, albeit much slower than we thought.
Comment by
TruthBeTold7 on Dec 10, 2020 1:43am
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Comment by
Yeahno on Dec 10, 2020 4:32am
He went from being long 200,000 shares saying $2.00 by Monday to selling this week. Even the pumpers are falling off at this point. Think this company is beyond cooked now and expect a big raise coming soon + tax loss selling. Wouldn’t be surprised to see this in an Ianthus type situation soon, perhaps it’ll get down below .10 in the next few months
Comment by
MrAMG7 on Dec 10, 2020 12:19pm
Lol come on now. Yes I dumped because other areas in the market are making 50-300% gains per day. I got in on some Psychedelic stocks, even another great one called CBDT However, this isn't as bad a stock as you suggest. I'm not into very slow money, but this is a rather safe bet for future gains.
Comment by
Yeahno on Dec 10, 2020 12:37pm
If and when they get the share count under control, close Pharmaco, solve their financial issues, and get a competent management and IR team this could be worth a flyer at around .25/.30 in a year or two (possibly) but as is right now this isn’t worth the trade feee it costs to buy this trash