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TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
quote:

1. It's a penny weed stock traded on a small exchange.


Yes it is, but they are also in the process of uplifting to OTCQB, which offers a whole new level of transparency via the auditing and reporting requirements. But the fact that it's a penny stock is also the allure - there have been many cannabis companies that have gone from pennies to dollars, and that meteoric rise is almost impossible to find in anything other than a penny stock.

quote:

2. The company isn't making real money - yet.


They aren't, but they just got their cultivation license a week ago and clones sales should be their main source of income going forward. If they were already making significant revenue, the stock wouldn't be available for 2 or 3 pennies. The penny game is all about getting in on the ground level, and that has allowed us to scoop up hundreds of thousands of shares in a company now poised - as of last week - to start generating significant revenue.

quote:

3. The company has NOT received all of the permits it needs to do business yet.


Incorrect.

They have not received all the permits they are seeking, and this will be ongoing since they will continue to expand to multiple localities, but they DO have all of the permits they need to do business from the Coachella location. They have all the city permits in addition to the state cultivation, distribution, and sales licenses. They can now be fully operational at Coachella. They are still awaiting licenses and permits at the Paso Robles location and at least one other location.

quote:

4. The primary owners/founders had an obscure energy chew company before this one - not proven leadership.


The energy chews are what got me onboard, despite being a failure commercially. As someone who used to chug massive quantities of Red Bull and Monster, as well as having tried 5 hour energy shots and all the others, the Livewire Energy chews were the ONLY energy boost product that actually worked for me. I could walk into my local GNC and buy the energy chews from a box with Randy Moss' picture and endorsement on it. They put everything together with that product, but it just didn't sell. Not all good products make it, but the quality of the product made me take notice of the company.

quote:

5. The clones are not proven to actually be any good.


They have over 160 proven strains in addition to their own. Photos of their clones show healthy, thick-stemmed plants. They have experienced and reputable horticulturists. This is not a concern at all in my opinion.

quote:

6. The 7x Pure certification system is more marketing than an actual standard.


3rd party testing, verification, and tracking are required for distribution, so it is a bonus that we have a state distribution license AND our own proprietary certification system that goes above and beyond the standards. The city of Coachella, which will be a major cannabis hub in the near future, is running a pilot program to use 7x Pure as their "official" certification system, which could be huge for Livewire. If nothing else, having the 7x Pure stamp on our own clones and products is a confirmation of the quality of our product.

It didn't hit .08 on the Canadian legalization hype - that peak coincided with the initial Coachella cultivation permit and the loi with Mojave Jane. Likewise, it hit .06 based on the state distribution license. It will ebb and flow as all penny stocks do, which makes it a good play for the short term investor as well. By getting onboard in July, I've had opportunities to sell at 50% profit in October and 20% last week. Investors who came on board in late December had the opportunity of 250% gains last week. At this point I'm choosing to just hold long.

I'm not saying there is no risk involved - of course there is, it's a penny stock and basically a start-up. But even for someone who has been in since July and bought as high as .055/share, the stock has already proven itself (unless you've strictly bought in at the high points). In the past 6 months I've made around 2 dozen buys, so I've dollar-cost-averaged over that time to acquire my 400,000 shares. As a short play, it has offered significant gains if I had chosen to sell along the way. In the long run, it offers a shot at gains of 1,000% or more.

Outside of LVVV, all of my investment dollars are in total stock market/total bond market index funds with a goal of 5-6% growth over the next 15-20 years. LVVV is my "homerun" play. Great rewards only come with great risk, but I have faith in the business plan and people behind Livewire.
This post was edited on 1/7 at 12:40 pm


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40
TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
quote:

I haven't decided to invest in LVVV or not. I'm just afraid the market is over-saturated in California right now and LVVV's price is propped up by the "hope" they will someday be the one who can sell. Can anyone with more knowledge into the company like TigrDad address any of these concerns?


Keep in mind that LVVV's main revenue source for the next couple years will be clone sales. There is less competition in that area. While they do have products in stores through Sacred Biology and Alpha Creations (oils, muscle rubs, edibles, etc.), that is a relatively minor source of revenue right now. Selling clones to growers will be the big revenue generator.

I think it’s a given that the stock will make decent runs again when the uplisting happens and after the Jan. 18 news. The only question is do you sell the news and just take profits or hold long? It will go up, but will it go back down so you can buy back in? Or will this be the start of a consistent run upwards?
This post was edited on 1/7 at 12:50 pm


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
New tweet.



Nothing earth-shattering, but this beats the hell out of the silent treatment we had for a while. They are definitely showing a desire to drive this thing in the new year so far.


Aubs10
Auburn Fan
Atlanta, GA
Member since Jan 2013
349 posts

re: Let’s talk weed stocks in this thread
What exactly is the Jan 18 news about? Shouldn't any news that's been mentioned already be built into the price?



TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
Jan. 18th they are on the docket for the San Luis Obispo county planning commission meeting, where they should get approval for their minor use permit for the Paso Robles nursery (21,250 sq. ft.). They already passed the Agriculture Preserve Review Committee meeting with unanimous approval. The share price should spike after the permit approval is announced. If the uplisting is announced just before that, we’ll get an extra boost.

quote:

Shouldn't any news that's been mentioned already be built into the price


Penny land doesn’t always work this way.
This post was edited on 1/7 at 2:40 pm


Aubs10
Auburn Fan
Atlanta, GA
Member since Jan 2013
349 posts

re: Let’s talk weed stocks in this thread
Thanks for the information!


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10
SWLA92
LSU Fan
SWLA
Member since Feb 2015
52 posts

re: Let’s talk weed stocks in this thread
They got to have buyers lined up if they already growing right? Which would mean revenue should start picking up?


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
I would think they’ll be showing some decent revenue by the time the Q1 reports come out. And it should just keep growing from there. By the end of this year we could have 4 greenhouses and a couple pods to capacity at Coachella, over 20,000 sq. ft. Filled at Paso Robles, another location rounding into shape....no telling how rapidly this could expand. IF they execute the gameplan properly, have a good sales team in place, etc. I really want to flip some in the coming weeks, but I’m really afraid to let any go for just a few thousand in profits. We know the price spikes are coming, but if they keep pumping out consistent news and updates like this we may not see the dips for buybacks anymore.

By way of example, Kona Gold made a jump in revenue from around $15K to $32K one month recently and the stock ran from .01 to .06 in around 3 weeks, then doubled to .12 around 2 months later. So we don’t necessarily have to be generating millions yet to get noticed. MariMed hit around $1 Billion market cap when they were generating around $1 million/month in revenue.

This post was edited on 1/7 at 4:32 pm


SWLA92
LSU Fan
SWLA
Member since Feb 2015
52 posts

re: Let’s talk weed stocks in this thread
Yeah on the buyback I’m torn to. Like you said eventually the drops will stop and the up trajectory will start. You just don’t know where it will begin. I think I’m going to just sit still and let it ride and see where it takes us. Hopefully big money


danny d lsu
Louisville Fan
Baton Rouge, LA
Member since Sep 2007
485 posts

re: Let’s talk weed stocks in this thread
Well fellas I guess I’m the bad luck charm. Finally got approved brought shares around .03 on Monday and it’s been down since. Should have waited a little longer. Oh well I’m in it now.


BitBuster
LSU Fan
Lafayette
Member since Dec 2017
616 posts

re: Let’s talk weed stocks in this thread
quote:

Well fellas I guess I’m the bad luck charm. Finally got approved brought shares around .03 on Monday and it’s been down since. Should have waited a little longer. Oh well I’m in it now.


I hope you didn't cause it to dip low enough to trigger my buy order at .026. Your bad luck + my bad luck = crash.


SWLA92
LSU Fan
SWLA
Member since Feb 2015
52 posts

re: Let’s talk weed stocks in this thread
Let it get down to your buy order at .026 and then let it take off upwards


rowbear1922
LSU Fan
Baton Rouge
Member since Oct 2008
9665 posts

re: Let’s talk weed stocks in this thread
quote:

Let it get down to your buy order at .026 and then let it take off upwards


I have a buy order at .025. Can we get down to that first? It would be much appreciated.


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
If it keeps dropping, just buy a little more and drop your average cost down. I dropped mine a whole penny in the last couple weeks of December. If we don’t get the uplist news before the Jan. 18 news, we may even see teens again (I hope). While volume is only a million or two, it’s just too easy for market makers to manipulate it and drive it back down. I’ll probably grab some just to flip if we get to low 2s before the 18th. Though I’ve bought so many shares with the intent to flip and never do.
This post was edited on 1/9 at 8:40 pm


7LSU7
LSU Fan
Member since Sep 2016
326 posts

re: Let’s talk weed stocks in this thread
Once you do your initial deposit on TDAMERITRADE and purchase, do you have to wait the 3-5 days for additional deposits?


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
The first few took 2-4 days, then after that they started being available first thing the next morning.


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10
Sho Nuff
New Orleans Saints Fan
Hawaii
Member since Feb 2009
9837 posts

re: Let’s talk weed stocks in this thread
quote:

Well fellas I guess I’m the bad luck charm. Finally got approved brought shares around .03 on Monday and it’s been down since. Should have waited a little longer. Oh well I’m in it now.

Same. I had it at .014 and missed so of course I bought at .030 and it's dropped ever since
This post was edited on 1/9 at 9:22 pm


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
I’d be shocked if we don’t get a nice run after the 18th. Those 3s will look fine. Keep buying the drops. The one trade at .0265 today was only 530 shares - seems like someone was trying to manipulate the price down.
This post was edited on 1/9 at 9:38 pm


Aubs10
Auburn Fan
Atlanta, GA
Member since Jan 2013
349 posts

re: Let’s talk weed stocks in this thread
Do you think something went wrong with the up-listing? They submitted their application on 11/07/18. The process to up-list typically takes 3-4 weeks. I'm wondering if they got denied and just not bringing it up.


TigrrrDad
Member since Oct 2016
3465 posts

re: Let’s talk weed stocks in this thread
They said it takes 3-4 weeks, but someone else on investorhub said it can take as long as 3-4 months. It’s possible there was additional information asked for. Still think it happens soon.


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