1933 Industries Inc C.TGIF

another crazy week of trading

[tommeeboy]

(Warning: The following post contains forward looking statements, conjecture and realism that some members may find offensive - reader discretion advised)

It was almost too much for me, throughout the week we saw lows of.10, then we hit .11, then, if things couldn't get any crazier we saw .113 only to spike all the way up to .12!  And the weeks not even over...stop the madness!  While it's tempting not to play these wild swings, I've decided to hold long and give the savy stewards of our well earned money the benefit of the doubt.  

I know it's just a matter of time before things really kick into high gear.  But mark my words, I won't hold on forever so if things don't climb higher in the next say, 4 years (ok, maybe 5), I may have to move on and look for another investment opportunity.  

Despite there being seasoned investors on this site who have exceptional business acumen (substantiated by impressive gains) and who can provide sound strategic advice, please do not be lazy and do your own due diligence.

[steveo013]

lol, thanks for that Tommee!  like you have posted before, I am also wondering what the f is going to kick this to start moving. I trust that it will be in the 'sound' fundamentals Rosen has stated he is putting in place (which would mean a strong balance sheet, right? RIGHT?! lol), and that the Democrats overall support for cannabis in general ignites the rocket fuel to propel it

[deet]

I lost a substantial amount of money on this play, buying at $1.40/share a couple of years ago and after averaging down a bit, bailed at  67 cents. As with so many other weed stocks (N, RTI, GLH, etc.) shareholders have had nothing to cheer about for quite some time. Maybe the tide is beginning to turn. Once I see a pulse returning, I'll jump in again. Seems like a no-brainer at 11 cents.

[Freebirds]

Sorry to hear that Deet...I was lucky enough to have the opposite experience with Friday Night Inc before the name change to1933 industries and i gotta say... Friday Night Inc had an extremely nice pop from .17 to 1.48 for Christmas 2017! One of my biggest gainers ever for a penny stock.(HIVE by far my biggest...shameless i know :)  I bailed at 1.24 the morning the cole memo was recinded

[deet]

Yea, I liked the old name a lot better. Friday Night Inc.  It's a vibrant and fun name...a day of the week that everyone usually looks forward to...pre-Covid anyway.  I'm waiting for some real upward momentum before backing up the truck. Following TGIF very closely.,

[Freebirds]

Yeah I agree changing back to Friday Night Inc would match our trading symbol again also!

[deet]

Wild swings? You're being sarcastic, no doubt. Pretty funny.