re: Let’s talk weed stocks in this thread

So close to breaking back even. I've only got about 5k shares but I still want in on the yacht parties

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We should pick a day in the future and everyone create sell orders for like 30k shares within a couple of hours. See what happens.

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Aaaaaand that guy’s brokerage account is now being watched

Well, Tigerrr like I said, I have about 100k shares now I’m going to try and flip as much as I can. When those particular shares reach 50% profit, sell, buy back in on the dip

I’m somewhat ignorant to penny stock/small company investing. All my prior stock investments have been in more matire companies.

What is the risk of a company like this just....... poof..... all investment, no matter how big is gone. Totally out. ?

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What is the risk of a company like this just....... poof..... all investment, no matter how big is gone. Totally out. ?

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I invested in one other penny stock in my lifetime (around 15 years ago) - a gold company my uncle had the inside track on. He had hit on a couple that made him hundreds of thousands.
I put $800 in and it tripled in short time. He said it would go up 10x that. I still have it. It’s worth a nickel. Not per share. A nickel. Total.


ETA: So the moral is that there is very little chance your whole investment will be gone. Even on bad hits, you’ll probably still have a nickel.

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TD, all those softies who listened to Ignoramus isn't invited to our party!

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LOL taking a victory lap at sub $.03!

Again, as childish as the name calling gets, I still wish you all the best.

you hear about the pancake mix in a can?

So here is a question for the longs - and I am not trying to put it down or anything like that - I am truly trying to understand the position.

The Company has a market cap of $30 million which clearly is based off the potential of the Coachella and Paso Robles properties and the long position is those are truly not fully valued in the stock price. Once there are revenues, the market capitalization will sky rocket.

Here is what I struggle with, and I will use Paso Robles as an example - here are the applications for licenses LINK If you look there are literally over a hundred of them, the vast majority of which are planning sited dramatically bigger then that of LVVV.

Note: LVVV's application is for only 5,000 sq feet and when you read it states they will use pods which seems completely different then what they are saying now - not sure how much the county actually focuses on what that application says.

But either way, is the position of the longs that these licensees are all going to be worth hundreds of millions or is it just that Bill knows the industry better then them and can do so much more with less space (it is not like the pods are a secret or proprietary to LVVV). Again, not flaming, but it sure looks like there are scores of much larger projects in play and if LVVVs play is woefully under appreciated then what does that say about these others.

Note: Coachella is not much different - I didn't see an updated link to their current applications, their website link shows those through Nov 2017 which predates GHC's application.

Again, not trying to flame - just trying to understand

Igoringa, I think it's because LVVV is trying to be more like Montasano than your average Joe farmer. They aren't growing the plants to harvest, they are the ones making the seeds. The smaller space makes sense from a cost perspective for that type of operation.

I think, but I'm not sure, that many of the other applicants are more of a seed to store type operation.

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Igoringa, I think it's because LVVV is trying to be more like Montasano than your average Joe farmer. They aren't growing the plants to harvest, they are the ones making the seeds. The smaller space makes sense from a cost perspective for that type of operation.

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Sure but Monsanto has spent billions in R&D developing the seed. Livewire woke up 2 years ago and decided to do it with no known R&D and no reasonable basis of funding. Yes, they brought in Kyle who worked at a former clone shop that basically seems to not exist anymore. What is the secret sauce? Why would other parties spend so much more, to develop so much more land if there is better money simply selling clones in a device made by another penny stock.

One other follow up, I previously displayed skepticism with press releases such as the 'we will use blockchain now run by X who is a blockchain expert'. But when you research the guy, there is very very little out there at all on this reknowned expert. Now this thing yesterday - again not flaming - but can anyone find anything on these two guys? For purported major players with RVR (which was a legit company) and OP distro (no idea as I don't see anything on this company), I cant find anything on these guys. I mean distribution and relationship guys tend to live on linkedin, articles, promotions etc... I cant find anything on either. A random article by maybe's Jerry's wife is all I could see. Also - note the press release says they 'contracted with them'. That seems like nothing but that is significant to me based off my understanding of micros (but not relevant to my question). Any info on these guys would be appreciated. And before anyone starts huffing, I am not saying they don't exist or anything - just trying to figure out what made them press release worthy.