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Re: TheShadow post# 46304

Friday, 03/17/2017 2:19:23 PM

Friday, March 17, 2017 2:19:23 PM

Post# of 47873
Cramer talks about the difference between a great stock and a great company. I've been invested in IMX for fifteen years waiting for them to develop and sell a great product so I could make a lot of money.
As it turned out the "great product" cost so much to develop there wasn't any path to profitability.
Forget great company! We were Tesla without Elon Musk. There was never enough ability to raise cash and there were never enough shareholders who knew we existed.
The same dozen people post regularly but a ten fold increase in shareholder base could have increased our share price and made financing much easier.
Few stocks have as much desirability for small investors right now as anything connected to cannabis.
I say "Nuts" to a great product, it's time to invest where the shares trade at P/Es that can't be calculated. The company does NOT have to be profitable for the stock to be profitable, it just takes enough people who want a piece of the action. Implant never had that.
If they ever put together a Cannabis ETF it will be the best performing ETF of the next ten years.
And, before you ask, I haven't used since Viet Nam.

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