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Bullboard - Stock Discussion Forum James E Wagner Cultivation Corp JWCAF

James E. Wagner Cultivation Corp, through its subsidiary is a licensed producer of medical cannabis focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM. The company's operations are based in Kitchener, Ontario.

GREY:JWCAF - Post Discussion

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Post by HaulJockey on Dec 29, 2019 12:04pm

Opinion

My opinion is JWCA is a house of cards waiting for the slightest breeze to come along and collapse everything. 

Everything including land and what you would call major assests are rented or leased. From who and why for so much is a good question. (stinks)

Management making bad loan deals. 9% on 4 million +, that's over $400,000 in interest alone.

Top management comes off as $5 latte drinking trustafarians.

So with high debt, everything rented or leased, various money burns like high interest loans, company perks etc and top management playing house with investor cash,

My opinion is this is a fart in the wind, if your close you'll catch a wiff, but 2 seconds later it was like it was never there.
Comment by CONESTOGA13 on Dec 29, 2019 1:27pm
If your shorting this stock I'll give you credit because you predicted it would drop. I think your forgetting to mention the part where the entire industry has been pummelled by for the last 7 or 8 months. JWCA basically followed the same trajectory as all the other companies falling over 70%. Its obviously easy to blame management as I do out of frustration in my investment tanking. The ...more  
Comment by trawel87 on Dec 30, 2019 3:33am
This post has been removed in accordance with Community Policy
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