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Re: gchammer1 post# 871

Wednesday, 02/04/2015 5:15:49 PM

Wednesday, February 04, 2015 5:15:49 PM

Post# of 4794
Personally, I like them because they have former politicians involved. This is my hedge against an all out political red tape assault against weed companies. They are getting dinged up pretty badly on some class action news, but I am not really worried about that too much. If the price falls much further, Ill probably buy a few more shares and just wait. I like that, as far as weed companies go, they dont have that many shares outstanding and they are not really volatile. In my research, I was looking for companies with good leadership and a sound short term and long term plan. I also tried to avoid companies that were involved in growing, because I don't see that as a sound business model as entry into that market place, along with competition, will be pretty easy and fierce. I really like that they have a former GOV and former US senator. You have heard the term 'follow the money', it is most commonly used when talking about politics... I honestly do not think these guys would stick their necks out unless they were going to gain politically, monetarily, or both. Could I lose? yes. Is it worth a couple hundred bucks to gamble.... ? Read through the 10-k and you make that decision yourself.
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