re: Let’s talk weed stocks in this thread

Here is the new website, 7x clones

LINK

FYI, the property taxes on that ranch are around $60k per year. Isn't that more than their revenues from last Q?

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I am just hoping this news will run the price up to $0.035. If so, I am selling a little over 200,000 shares which allows me to turn a small profit overall and ride my remaining shares for free.

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If it pops back up to .035, you're gonna be sucked back in, and not sell anything.

Theres no such thing as free shares. You own them, you earned them with YOUR money, and there was a massive oppurtunity cost depending on when you bought the position most likely, so those shares cost you a lot. The only thing free in that scenario is the tiny bit of runway you are giving bill for free.

My suggestion would be sell it all and then if it keeps going and tops .04, then maybe think about buying back if you for some reason still like the company, its oscillated up to .035 on nothing at all. News of a estate purchase will not create a floor there.

Man 40%, might have to pull the trigger. Doubt it stays there by end of day. Alot of people gonna jump.

Still sitting on 50k shares.

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Again they have no magic sauce or any differentiation

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7x Pure.

Oops, forgot - it doesn’t exist.

(no message)

Amazon did nearly $60 billion last quarter. In their first quarter of operation they only did around $80,000/month. Every company has to start somewhere. It’s great to see that you’ve closed the book on LVVV after their first quarter of growing.

Of course, you’ll now respond that I’m saying LVVV will soon surpass Amazon in revenue.

I admit to being a bit naive when I first started reading through this thread. I was looking for a lottery play to throw some petty cash at and was drawn to TigerDad’s case for LVVV. Early in the thread he seemed to be a wise old sage who had an adult son that worked for Bill in some capacity and got a lucky tip which he had then used to do his due diligence researching the company. However, the more he goes back and forth with LVVV’s detractors using memes and vague responses...My confidence is waning.

I’m not saying TigerDad is a bad guy. In fact, I think the opposite. But I am a bit let down that things were not as they seemed in my head.

It is 100% my fault for not doing more in depth research myself. I got caught up in the ‘we are al going to retire early’ camaraderie.

Lesson learned.

I have $8,000 tied up in LVVV. Currently it’s down $2,000 for me and if I lose it all it won’t hurt me, but would be a bitter pill to swallow.

Considering at least cashing out half of it gets back to 0.30, but it’s tempting to dump it all.

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Maybe it’ll run up to .035 again and I can balance. But for now this has been a rolling tax write off

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Should have waited until the end of the year for the tax write off. I am definitely hoping it rebounds to the mid .03s but it could also drop to .000s.

Bottom line, I invested in a business plan and laid out all the reasons, and there hasn’t been much deviation from that. If you nvested based on what the daily chart does, it’s a penny stock and will do penny stock things. As I’ve said before, I’ve passed on chances to cash out at 50% gains in October and 25% gains multiple times in January. The stock is going to fluctuate, but I still 100% believe in a better payout.