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re: What to do with $50K Right now?

Posted on 8/17/22 at 2:49 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40992 posts
Posted on 8/17/22 at 2:49 pm to
Shout out Rocket. Gone too soon.
This post was edited on 8/17/22 at 2:50 pm
Posted by leeman101
Huntsville, AL
Member since Aug 2020
2639 posts
Posted on 8/17/22 at 3:06 pm to
quote:

* 30 year retirement horizon


marijuana stocks.

The trend to legalize it, is snowballing among states and now the feds. Soon they'll realize it is a tax base.

25 years from now people will be surprised we locked up people for having it.
This post was edited on 8/17/22 at 3:08 pm
Posted by AllDayEveryDay
The Sticks
Member since Jun 2015
9717 posts
Posted on 8/17/22 at 5:24 pm to
quote:

A year ago most would tell you to put it into USDC getting a “risk free” 9% with Voyager or Celsius.


I still LOL at that. Where'd all those people go?
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/17/22 at 8:52 pm to
Most likely writing letters to the bankruptcy judge. And unfortunately, I’m not joking.

Voyager customers plead with judge
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
9382 posts
Posted on 8/17/22 at 9:42 pm to
30 years? VOO and chill.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
39505 posts
Posted on 8/17/22 at 9:46 pm to
Drop it on a new house
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 8/17/22 at 10:43 pm to
If you can afford to lose it all but want a >80% chance of a multibagger in a few years, then ORGN is a very good stock to bet on.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16064 posts
Posted on 8/18/22 at 5:30 am to
quote:

ORGN

Interesting Company and like what they do but that Financial Statement
Will put this on my watch list maybe a future purchase.
This post was edited on 8/18/22 at 7:22 am
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 8/18/22 at 6:17 am to
They have enough money and funding to get their O2 plant finished in 2025 without dilution, that’s the only thing that really matters about their financials right now being pre revenue. Pretty sweet model where state and federal incentives fund at least half the plant capex. This drastically reduces the need for additional dilutive offerings compared to other pre revenue companies. I think once O1 plant proves production at scale in Q1 2023 then the licensing deals will pour in, those $ they can then use to avoid any more offerings at all.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16064 posts
Posted on 8/18/22 at 7:31 am to
Yeah looks like they are issuing a lot of shares to keep this going along with some funding. With the clear air act passed these types of companies will be a good watch. I just dont see this moving very much until next year and if they keep issuing shares it might not move much then. Thanks for the info will definitely keep on my watch list.
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 8/18/22 at 8:26 am to
I think you may have been confused. I was saying that they won't be issuing shares for another 3 years or even more, given their ample cash on hand, state and federal bond financing, and state tax incentives, along with royalties they are likely to get from licensing deals that could come to fruition here soon. The only additional shares that get unlocked are earnout shares if the price goes above $15, $20, and $25 for a sustained amount of time by 2, 3, and 4 years in the future. The fully diluted shares if it goes above $25 soon would be about ~220M shares compared to ~140M shares outstanding today.

I do agree that you shouldn't expect much price movement until 2023.
Posted by NBR_Exile
Houston via Baton Rouge
Member since Jul 2012
2066 posts
Posted on 8/18/22 at 10:21 am to
But VT or VTI and forget about it. You can thank me 30 years from now.
Posted by AUCE05
Member since Dec 2009
45362 posts
Posted on 8/18/22 at 8:38 pm to
QQQ
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