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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

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Post by thed1983 on Oct 02, 2014 11:55am

WTF?

Can anyone shed any light as to what is going on?

- licenesed
- funded
- experienced grower
- fully built out facility by calender year end
- 1300 patients & growing (based on average consumption of 1.5 g/day, a $7.50 / gram this should equal 5.3m in annual sales *info from their filing*)

I dont undersatnd the sell pressure....

This looks to be the smartest weed play.... The only (3) scenarios that make any sense:

- An insider knows something we dont.
- Selling for tax loss season (I highly doubt it - to early in the calender year)
- An insider / early investor with ALOT of shares, is bid dumping to accumulate more at a bargain.

Thoughts?
Comment by Fab777 on Oct 02, 2014 12:00pm
It is the market in general...people are not sure...plus MJ stocks are newcomers...so.. I agree ..i believe it to be a great company... But with todays market... I will probably take the opportunity average down in couple days!!  
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