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re: Let’s talk weed stocks in this thread

Posted on 5/24/19 at 11:35 am to
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 5/24/19 at 11:35 am to
quote:

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.


I still have faith I'll at least turn some kind of a profit but where in the business plan was the "health and wellness retreat and provide educational and recreational experiences"?
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 5/24/19 at 11:43 am to
The fact they couldnt get the uplist should be enough to know to jump ship

Plenty other penny plays out there for profit
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 11:45 am to
Business plans expand. Acquiring new properties has always been part of their model.
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/24/19 at 11:58 am to
Dude your first post in this thread starts off pumping bullshite acquisitions that have been worthless outside letting Mojave go to a company that has actual cash. When challenged you would squeal the terms of the acquisition (to this day we still do t know the terms for 2 of these) are irrelevant. Yet it was your opening volley as it showed they ‘have so much in place’. How much revenue has come from this in the almost year since acquisition? Oh yes, no idea. Except that it is immaterial.

You then talk about leasing to a non profit as they await their state license. What are they waiting for now?

You said they dropped some pods - that was wrong - they dropped one. When 8 months later they finally pluralize it - almost a year after inferring they were starting with several - you applaud it is ahead of schedule.

You state a pod can hold 25000 clones. You atleast walked that back your self. And 3 months of a pod generated ... well we don’t know except it is less than 45k at most.

4 greenhouses? What is the status? Not as important as a vacation house.

Excellent horticulturists? lol. Based off what? What happenned to Bunyard - McKays precious clone venture? He could t make it but under flipping Bill it will be magic?

7x doesn’t exist in any real form.

Then you throw down $10 a share - $10 billion company.

When they can’t uplist like any idiot can - you blame the government.

When they don’t get adult distribution- only medical you say that is all they need, like it is 2008.

You talk penny stock but your very first post talks about doubling off one tweet.

Point being - I know you disagree with all this and have triple down on Bill - but you can surely see why those who listened to you early are spooked.

If the plan was heavy dilution, debt, a vacation home and the pods not generating anything In the Three months (while they pumped pre orders and exceeding demands) of first operation - the. Yes they are on track.

Otherwise they have shown zero ability to generate cash flow and Bill continues being Bill - like he has for a decade.

I could be wrong and you could be right, but if you seriously can’t ‘understand’ why some want to bail - that is a you issue and not them.

Enjoy the vacation home - seems completely legitimate.
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/24/19 at 12:01 pm to
quote:

Business plans expand. Acquiring new properties has always been part of their model.


Case in point, you will fall to the alter when push comes to shove. With both the lack of revenue and this boon doggie your initial reaction was honest and you spoke it. Then, on this board atleast, you quickly flip back to their talking piece and the. Not understanding why folks aren’t buying it as much anymore
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 12:43 pm to
I recommended a stock that, if you bought when I bought, offered you gains of 50% in October and 25% in January. If people want to bitch about that, by all means bitch away.
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7346 posts
Posted on 5/24/19 at 12:51 pm to
quote:

where in the business plan was the "health and wellness retreat and provide educational and recreational experiences"?

I concur. They released a quarterly earning report three days ago, and i dont remember seeing acquiring a ranch in the corporate strategy. Kind of a big deal that maybe you’d give a slight indication of your plans before making a big acquisition.

I have no clue why the stock is up on this. How on earth will all this acreage generate cash flow any time soon?
Posted by Salamander_Wilson
Member since Jul 2015
7668 posts
Posted on 5/24/19 at 1:04 pm to
Personally I’m not bitching. I’m just stating my reasons for getting into this and why I may bail.

I bare 100% of the responsibility of my actions and don’t blame you.

It was a gamble. I’m just not a fan of the people that are running this company and how they go about their business.

I haven’t lost all hope, though...
This post was edited on 5/24/19 at 1:07 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 5/24/19 at 1:04 pm to
quote:

I recommended a stock that, if you bought when I bought, offered you gains of 50% in October and 25% in January. If people want to bitch about that, by all means bitch away.

yes but you didnt say that was the peak get out. you keep saying end of summer so anyone listening to you is now a bag holder praying for some noise and an uptick to recoup money.
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/24/19 at 1:17 pm to
quote:

have no clue why the stock is up on this. How on earth will all this acreage generate cash flow any time soon?


This surprises you? Previous acquisitions of an unknown percentage for an unknown amount of an unknown company has been trumpeted as positive and evidence of doing it the right way. On this board even.

You think now these people would start thinking?

Just an evolving business plan ..... lmao
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/24/19 at 1:25 pm to
I do find it interesting the reference to recreational activities when they purposely and brilliantly, accordingly to some, only got a medical distribution license, which on this board was actually defended somehow.

12 months due diligence while not trying to get an adult recreation distribution license.

This transaction is so legitimate.

Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 1:50 pm to
This is why I take all of your posts with a grain of salt - you're completely disingenuous. Like I've always said, you bring valuable information to the thread but draw erroneous conclusions. You're not looking for a civil discussion - you're looking for "I got you!" moments. Your posts are CNN-level fake news.

Perfect example - you say:

quote:

Then you throw down $10 a share - $10 billion company.


My actual statement on page 1 was:

quote:

There have been several similar companies that went from pennies to over $10/share - one even hit $13/share with ZERO revenues.


Then when rowbear even commented on the $10/share comment:

quote:

I'm not sure if it will get to $10 / share like Tigerrdad believes


I commented:

quote:

I'm not saying I believe it will necessarily hit $10 - I'm just saying that there have been other penny stocks in the industry that have done this, so it isn't out of the realm of possibility. I do, however, think it will at least hit several dollars in the next year or two. Some of the companies that shot up to the $10 range had far fewer shares outstanding, which obviously makes it easier to hit a higher price per share. However, Aurora had a similar amount of shares outstanding compared to Livewire (including restricted shares that will hit in a year or two) and Aurora went from pennies to over $10 in less than 18 months.


Now if anyone took that discussion to means that I seriously think LVVV is going to hit $10/share, they deserve to lose all of their money.

And you know damn well that I wasn't saying I EXPECT it to hit $10/share. Yet you try to distort it for obvious reasons. You're not in this for an honest discussion.
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 1:53 pm to
quote:

yes but you didnt say that was the peak get out. you keep saying end of summer so anyone listening to you is now a bag holder praying for some noise and an uptick to recoup money.


It's up to each individual to decide what constitutes sufficient gains as an exit point. But let's not pretend that each time it takes a downturn that the stock is done and that it has done nothing but tank. It hit the teens in December then doubled that when it went back to .0375 on more than one day in January. And now it's low and it will go back up again. It's penny land. And you're only a bag holder if you intend to cash out while it is in a dip - which in my opinion would be incredibly stupid. And I put my money where my mouth is since I have more invested here than anyone except GVT.
This post was edited on 5/24/19 at 1:54 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/24/19 at 2:07 pm to
I said you threw down $10 a share. You brought it up. - not me. I didn’t say you predicted it but you made it an obviously discussion point and that is retarded (whether $10 or several dollars).

And in your retort you point out your prediction of several dollars (ie several billion).... for a company with no money, experience or track record. You think several billion is reasonable compared to 10 billion which is just disingenuous? Lol. You have proved my point. I hope Bill showers beforehand for ya!
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 2:14 pm to
quote:

your initial reaction was honest and you spoke it. Then, on this board atleast, you quickly flip back to their talking piece


Again, more bullshite from you.

I haven't changed anything regarding my opinion on the acquisition or on their business model. This is a bigger move than they usually make or what I expected them to make, but it is still their business model.

All the way back on pg. 3 of this thread I linked the company's website, and on their front page it literally says:

quote:

Focused on special purpose real estate acquisitions and the licensing and management of fully compliant turnkey facilities engaged in the production of cannabis-based products and services in California.


None of that changes the fact that I don't like the move. But to pretend it is inconsistent with their business plan would mean you didn't even read the HEADER on their FRONT PAGE of their website I linked almost 9 months ago.
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 2:16 pm to
quote:

I said you threw down $10 a share. You brought it up. - not me. I didn’t say you predicted it but you made it an obviously discussion point and that is retarded (whether $10 or several dollars).


Again, more bullshite from you.

I didn't "throw down $10 a share," I accurately pointed out that several other cannabis companies have gone from pennies to around that amount. It's right there in print and obvious what I was saying.

Which part of this don't you understand?

quote:

I'm not saying I believe it will necessarily hit $10
This post was edited on 5/24/19 at 2:21 pm
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 2:19 pm to
I'm not going to sit here picking apart every post line by line to argue with your disingenuous crap. I've got better things to do. I'm going to learn the rest of The Sentinel by Judas Priest on my guitar.

I say again: I recommended a stock that, if you bought when I bought, offered you gains of 50% in October and 25% in January. If people want to bitch about that, by all means bitch away.
This post was edited on 5/24/19 at 2:21 pm
Posted by Thib-a-doe Tiger
Member since Nov 2012
35341 posts
Posted on 5/24/19 at 2:49 pm to
This thread jumped off since last time I looked at it
Posted by Pendulum
Member since Jan 2009
7038 posts
Posted on 5/24/19 at 2:58 pm to
Just sold my remaining shares just before close at .0225. I'll take that 35% today and run; at the very least, I see no possibility there isn't an opportunity to buy at under .022 in the near future.

ETA: My ytd gains/losses are now tax friendly
This post was edited on 5/24/19 at 3:03 pm
Posted by TigrrrDad
Member since Oct 2016
7095 posts
Posted on 5/24/19 at 2:58 pm to
It tends to do that on occasion.
This post was edited on 5/24/19 at 2:59 pm
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