Waiting Patiently to Load My Boat!
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Still has a lot of potential, 4Q should bring at least 10000kgs of sale on the low end with a price of $4 per gram minimum, so if 10million grams = $40million! Supply will deplete very fast until fully licensed for the entire facility. Everything depends on licensing, but in my honest oppinion WeedMD has doen everything perfect and not rushed into this aquiring liabilities and debt. Fully Funded, 2019 will be EPIC!!
Do yourselves a favor, check out how the Stock Price has followed the bollinger bands since the bounce back north, following the high band on the 1day, 5 day, 30 day, 3 month, and 6 month, but the 1 year bands have yet to widen, guess its about time to watch that 1 year BB widen, and trace the High Band Up to the $4-5 range! ***PICTURE PERFECT***
Beautiful!!!!!
Looks like Green To Me...Upticks every week from here on out!!!
Looking at the SEDAR full report, it really peaked my interest, when I read the investments section that WEEDMD has made in Blockstrain and Snipp, but what peaked my interest tonight was Snipp Interactives quarterly report, where they mentioned WEEDMD in their conference call and the emerging interest of alcohol companies, and how that the Constellation Brands investment in Canopy gave the Green Light on merging the Alcohol and Marijuana industries.
Snipp has an extensive client list that may open a few doors for WEEDMD.
WeedMD owns 2.5mil shares of Snipp after their investment in the in March.
Blockstrain is also making moves and has opened the door for complete seed to door tracking that may become the standard enforced by Canada to ensure accurate accountability on all industry sales.
WeedMD also owns a nice piece of this industry emergung tech...
Just a little insight on where our Execs our getting their feet wet...
Any ideas guy?
Food for thought, with the revenues for the 2nd qtr reporting just over 2mil and only a -.02 per share loss, how do you think this mother will react when the revenues show up next quarter and include that 10mil we got outta the Hiku deal plus generated sales; and come this time next year when they report at least that every quarter, but more likely 40-50mil per quarter...How does the market reflect our PPS?
Enjoy the Long Weekend, September will be HUGE!!!
Nice Video Posted Yesterday and shared by WEED MD today on their Facebook page...
https://www.facebook.com/429834437116517/posts/1452291668204117/
2 months and 28 days till 3 qtr financials..??????
Good consolidation point, Pack Your Pipes Gentlemen!!!
IDK BRO! LOL
Baby steps, i like the consolidation, gives me a chance to pick up another 5k! Haha...Holding long w 15k strong!
Stockhouse has a bigger board with more active investors anle to answer those questions...there is some talk of DEO looking at 3 cannabis companies in Canada...(Crown Royal/Guiness)! Just saying, big money is investing!
Could have been any number of events, but most likely...early investors hype on new 610ksqft facility. Not a bad assessment price, but time had the leverage so shorts played it!
Quarterly should be out August 31st, last Q was released May 31st.
Expect some news here soon on state of current finaces...not expecting much in terms of increased revenue but when Oct 17th comes, i expect to see every bud harvested shipped off the storage shelves! $$$
Held the 50dma, 6 month MACD is Bull and flipped up a few days back, RSI still has room, PPS will test 1.50s this week, if it passes it will hit some resistance back at 1.60ish, some consolidation, then repeat cycle again, this could be the cycle over the next 12 months but I expect nothing but growth and increases revenue, big news will send this flying, no news keeps a steady cyclic positive pattern.
hopeful thoughts...
1. WDDMF announces plans to increase sqft of facility to over 1,000,000 sqft after completion of current facility upgrades to meet market supply and demand.
2. WDDMF announces International supply agreements in multiple countries, as Kieth Merker has said in video interviews, hence increasing necessity to expand operations.
3. WDDMF receives buyout offer or merger with Aphria, Cronos or Tilray, to reresent actual future full company value, at least 10x current PPS
LOL...Just some wishful thinking!
Buying everything under $2...we will see how much when im done!!!
Win some, Lose some...Ive been there, but in 12 months, WDDMF will still be in its infantile beginnings, so Im more than comfortable with waiting! Been there,done that!
Holding at least 12months to lower those tax hits!
Here goes that volume you were mentioning!!
What are we seeing? Short term predictions and long term? Could WDDMF end up with a deal like CGC just signed in the future? Is the Cannabis game bigger then the projections that are forcast for world market demand? Just delving into ideas, entertaining myself! Lol
Where are the big pocket ETF's and Mutual Fund Brokers? That's when this baby sets sail...Still Loading My Boat Though...15k shares strong so far! Great Buy Oppurtunity!!!
Strong Support @1.20
John..did you used to hang out on the KATX board?
1.18....eat em up!
Interview - Kieth says they have more contracted deals then supply to provide. New International Forays and More Provincial Supply Deals coming...
https://investorintel.com/investorintel-video/weedmd-2/
From here on out, investors will need to pay, thos is bottom!
Absolutely...Do you have the Level II?
Yea...I'm shocked at how quiet this board is for the market sector! This has to be on more radars...Ihub members are blind here! SHOCKED
My personal opinion..***This is one of the most secure plays in the market for a startup***! This is a dollar stock, with 600k+ square ft facility and coast to coast sales commencing in October! This is a WIN for anyone who holds shares.
Starting to look like the shake is over...time to start creeping back north. Volume is lower and bigger gap in bid/ask! News will push back up to 1.30's next week!
$5 come October, $10, 1 Year!
Loaded more @1.13
https://midasletter.com/2018/07/video-weedmd-inc-cvewmd-new-ceo-new-direction/
New International Markets mentioned to be announced this week by CEO in Midas Letter Interview!
Need to check the Level 2 for support/resistance marks... It looks like steady hands will prevail. Buyers are waiting for weak hands to sell at the ask, people who set stop losses, and those who are getting nervous to unload their stakes and take their losses. Volume is dropping and PPS will hold somewhere in this range, but we will need news before we pop, unless small accumulation comes back into play. It's good to hold this prices for buying...I can wait!!! *packing my bowl!* lol
We shall see...I plan on grabbing more!
As soon as the loose hands that bought in last week are finished unloading and taking their losses this will turn back North. Bought another 5k today!
Loading another big chunk this week...Cant wait to see the returns this pretty stock pays. Fully Funded and the 10mil fee received from CGC via HIKU will keep any dilution from occurring. 10 Bagger? What do you guys think?