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re: Let’s talk weed stocks in this thread
Posted on 1/24/19 at 1:18 pm to SWLA92
Posted on 1/24/19 at 1:18 pm to SWLA92
Surprised, but also glad that there’s more time to accumulate shares.
It makes no sense to be selling at these prices with everything we have lined up. We ran to .06 just on news of the distribution license. Yet now we have a state cultivation license and a pod full of clones, and revenue will be coming very soon, probably within the next few weeks - yet we’re falling back to mid-2s? Zero logic there. But that’s penny land for you. Anyone who has followed closely the past few months has to be excited for what lies ahead in the very near future.
I’d much rather be surprised than worried, though. If there were actually some bad news that led to a decline, then I’d be worried. But the future looks brighter than ever. If we’re still at this price by the end of Q2, then I’ll be worried.
It makes no sense to be selling at these prices with everything we have lined up. We ran to .06 just on news of the distribution license. Yet now we have a state cultivation license and a pod full of clones, and revenue will be coming very soon, probably within the next few weeks - yet we’re falling back to mid-2s? Zero logic there. But that’s penny land for you. Anyone who has followed closely the past few months has to be excited for what lies ahead in the very near future.
I’d much rather be surprised than worried, though. If there were actually some bad news that led to a decline, then I’d be worried. But the future looks brighter than ever. If we’re still at this price by the end of Q2, then I’ll be worried.
This post was edited on 1/24/19 at 1:25 pm
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