Empire Building 101
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For awhile I was somewhat skeptical. Not anymore. Management is so focused on the customer imo above and beyond. What you posted so much emphasis has been placed on quality and promotions to get the customers an experience that are favorable.
Dye has refined the processes and the management to carry out these accretive acquisitions to NOT rock the boat but give them the resources needed to accomplish set goals.
I worked for a Fortune 100 company and everytime they made an acquisition they couldn't wait to bring in their own "team" and always f-ed up. This is a huge Plus with this management.
I have a very good friend who is a billionaire...not millionaire. I asked him what was the key to his success and his answer was "hire the best and pay them well enough so no one steals them away." He also mentioned the employment contract...lol I am now convinced Dye is in that camp and it will set well as this story continues to unfold.
As I expected quiet before the storm. To bad earnings release always before or after opening. Interday would cause impulse panic buying or selling.
Looks like SHWZ is doing everything right. First 50 get free goodie bags. Excellent PR!
Exactly! That is why I see very limited downside even if I am wrong about good earnings. Remember only GAAP numbers matter. IMO, Just to much good coming to stop this upcoming super regional power house in the making.
As far as my comments on GAAP numbers there is always the possibility of special write offer's and not capitalize.
Stay long and retire young. We have all heard this before from a very informed poster. GLTA
I see $2.10 -$2.20 with 30-50k volume tomorrow unless there is a leak in earnings which is very doubtful. This management is very tight-lipped and no leaks.
Also believe really not much in downside after earnings as the market is forward looking and revenues will rock going forward.
Silver lining also would be q4 net income and no loss. This would be the 3rd qtr in a row for them. That is a claim that very few can boast about. If this happens as I suspect it will, up we go. That alone will being more eyes and more accumulation imo.the better operators should pull away from the pack. Still to much herd mentality here and no differentiation
Welcome aboard. I remember you posting on Liberry Health over a year ago. It was one of my most profitable investments ever. I believe this one will be even better! Gl
Is that catalyst going to be earnings or what Dye has to say about the future. My guess is more acquisition announcements coming soon.
Over 50k in the 1st 35 minutes. Good news coming imo.
Hopefully $2 becomes support and the events you mentioned lead to the next leg up. Hope another 150k day tomorrow
Correct me if I'm wrong but if converted they are virtually debt free?
Can anyone give me the total outstanding fully diluted? I believe IPS posted this once.
I too, am way over weight here. I'm 65 and hold 10 blue chip holding that pay good dividends.
I have never had much doubt about this management and after Starbuds closed last year I was hooked. Never really lumujed any 12-15% interest. However, Dye & Co are high qualified and the best of the best.
The millions this management has invested here with there own money is very telling
Glad to hear Dye is getting some shows on the road in April & May
Still not expecting much for q4 but being in the black will be huge. I believe it will have more to do with future expectations. All these dog and pony shows four(4) before q1 ER could bef very telling.
NM going Rec next Friday is a big deal. Probably a lot more 1-2 dispensary acquisitions coming soon in Co.
With all these dog n pony shows Dye is attending I believe a larger acquisition is coming in a 3rd state coming. As stock and cash has been part of the deals Dye will be pushing much harder to get a higher pps. Surely deals with stock under $2 was not part of the deal he envisioned.
IMO, we are looking for continuation of the run we have seen. Next week and April will see some very good volume. My advice hold tight for double digits by year end.
Just looked. What's up? Definitely on fire. I believe we see $2 here very soon. I am not very diversified. I only own slgwd because of their involvement in tcnnf. Plus I own MO who has a huge investment in CRON. Like yourself I have a huge investment here with 6 figures and believe my investment here could/will be a 7 figure investment. I believe we will be one a buyout target this year based on merger mania or consolidation or whatever you want to call it. IMO, Dye will flatly refuse and hopefully so
I would totally agree banking bill will happen. Not so sure about legalization
I believe the foundation is now set as management has assembled a profitable company. While the bill could fizzle and probably will. Regardless we will be much higher one year from now. The other side of the coin being this should give Dye even more time to continue growing the company on the cheap.
Be nice to see $1.80 hold today.Plus decent volume. GLTA
My view is rather simplistic. There is 30.6 million in the float which is tradable. It all comes down to supply demand. Obviously someone is once again selling and also obviously almost all shares traded on the NEO was buys today even if bought at the bid as no one owned shares prior to today. IMO, there was hidden sellers or the price would have risen. Adding buying pressure from the NEO is only going to help regardless of day to day fluctuations.
Obviously they see a need. Kind of makes you wonder what's coming. I see many more Mom n pop acquisitions coming but feel another state is will be added. 50 dispensaries year end is my call
Double digits. Still very optimistic this happens this year.
Yep volume sucks again. My hope is q4 is profitable. IMO, it will be. If profitable and good ER I will add more shares. I still believe q1 will be much better and q2 will be blowout Q
TCNNF is the power play in Fl. CURLF is still struggling there despite their acquisition last year.
Lol...I still believe best of breed and our time will come
PS your post is spot on.
Float(shares tradeable) is around 30 mil last I looked. Barring anything short of banning pot I still believe we have the golden ticket.
Never meant any insinuations. Recent volume is higher than usual. Dems have done nothing politically on the negatives.
On the plus side great management, profitable, synergies with 2 state mso with at least 10 dispensaries in each state with multiple grows and manufacture.
My point being with such a low float and imo absolutely best of breed bar none. Only makes sense. Doc had posted a conversion awhile back. Absolutely no gloom and doom here.
Good. Any recent updates on N.M. going rec. On April 1?
Any thoughts on more conversions on the $1.20 preferred. Maybe a panic investor hoping to hang on to gains and cash in. Just a random th thought as we have above average volume IMO, we have a small float and I dont believe many would sell knowing where we are going with revenues sky rocketing.
Maybe a leak on news? I believe another acquisition is forthcoming. Probably after earnings.
Certainly sounds challenging. However they have closed on some really good acquisitions that will be accretive. Not really concerned as this management is focused with an eye on the prize. Q1 will be good while q2 and going forward will be outstanding. Buy below $2 and you can't loose if you have till mid-May.
Thx. for sharing
I agree with you on all points. Any day we will get more news and the stock will continue to stabilize and build momentum after q1 results in mid May.
Totally agree build and dominate N.M.n Co. Then proceed to another state. Many Mso's go into other states overpaying and lacking supply channels. In Dye we trust.. lol
Doc they have $14Mil in Revenues and $3 Mil in EBITDA projected from New Mexico on the Seeking Alpha interview. This seems almost ludicrous with 10 dispensaries and all the grow and manufacturing plus recreational going legal April 1. This comes to a smidgen more than $1 Mil per dispensary per year. This seems extremely low IMO.
Once N.M. closed it was game on. With more acquisitions in the works I could see SHWZ moving to #5 isnt out of the question. Purplebee's is a monster in the making a d now they almost doubled manufacturing capacity.
As far as share price and higher share count probably many more than 8. SHWZ is once again my only stock in this sector. The fact that we are at a run rate at $250Mil plus and a forward PE for this year of less than 4 I have no intention of diversification at this point as I believe not only is this a homerun but based loaded.
Everything has changed so fast in the last month that I believe our time is here now!
I am far more optimistic than I have ever been. As for comparisons against TCNNF plus any other MSO. With or without any offers SHWZ outperforms all imo.
An example TCNNF pps is about 13 times higher than SHWZ. Yet they do not come close to 22 revenue forecast of $250+ mil revenues at even a facor of 10. TCNNF would need revenues of $2.5+Bil for 22 which isnt going to come close. Yes we have more shares that will come into play however no problem.
My question is when does the minnow swallow a much larger fish?
Q4 is of no interest since all acquisitions have closed. Yes I did but this time I agree with you as with the closings the market is forward thinking.
You mean buying. Some who sold year end are probably buying back after the acquisitions closed.
Totally agree. With that said most of us are here because of management. This team is very connected with communities and politically. You have personally met with management for the annual meeting. Your comments and compliments were very telling. Thank you for all the time and d.d. you have provided to this board.
Went through the 50 day next up 200 day at a tad over $2. Our days are coming!