Empire Building 101
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I believe(opinion) with these 2 guys and everything that has transpired since March with Joshua leaving and then A.W. jumping 8n bed with Columbia or whomever these guys are the selling pressure that has been devastating to our stock price.
A little math here to hopefully convince you guys they have not finished selling. I took from end of March and went to the end of Oct. which is 26 weeks. Note Oct has not even started but for math purposes and no holidays accounted for I used 120 trading days. Thus 6,000,000(shares)÷120(days)=50,000 shares sold per day. Now take out holidays and another 20 trading days for Oct and the math changes even more 6,000,000÷95=63157 shares per day to be out.
Now put on your common sense caps and total volume and common sense tells you with so many low volume days AW is dumping as he really needs out and JH needs cash for his venture and again who is giving these loans. Almost nobody thus selling stock.
With last Q earnings and the future we absolutely would have separated from the pack with new high prices. Not at all saying legalization and banking wont help tremendous just saying in our particular situation these guys are the culprit and once they are gone the pps automatically reverses course.
The selling continues. Really seems to never end. Between those 2 guys they had 6 mil shares. My guess still 1 mil plus left as the volume over the last 6 months and the shares they had will take awhile. Dye should approach h and take them out
Certainly something to think about. I'm not sure of the legality of StarBuds but always thing about the buyout possibilities. Dye said on the video insiders have $40 mil of their own money. The question being is $100 Mil enough or is $1 Billion payoff their expected payoff or something in the middle. Personally I believe somewhere in the middle.
These were my thought 3xactly thus figured they were the culprits and it would take some time as many days less than 50i. Plus others bail after so long
and just throw in the towel. Our day is coming imo soon.
IMO, he has been relentless but not going to crush the pps any lower. Regardless of my thoughts we both know very soon this will end. Did you notice today's sells were 20:1. Another way of putting it 2,000 shares were bought total at the ask. The guy selling is very shrewd and not showing his hand. The good thing is a lot of buys have stepped up and he can sell here and we are all happy.
PS I believe you are correct with a 10% price 8ncrease is coming soon.
Seller is relentless. This is so obvious.
Good thoughtful post. Appreciate your input. Doesn't matter who is selling the fact is someone is and that to will turn positive soon.
Agree 100%.
Heck we may end up flat or even red while the whole sector is up huge. It only makes sense if we have a huge seller or two. Posters here are holding very strong and what I have stated makes common sense. Interested though in your thoughts.
Ps had $60 lying in an account i didn't realize I had and just got 29 more shares. Big spender lol
Respectfully disagree here with A.W.n J.H. on the continued selling pressure. With A.W. he held many shares and while the buyout has not closed. I do believe that he can't own both but with his sizable holdings time was needed.
However your assumption with J.H.very well could be spot on.
I strongly believe my thoughts based on the float. There is no significant holding by any institutions and absolutely no 5% filings although one individual purported owning 400k which in no way can be verified as truth. There is way to many 3-5k at the ask daily.
IMO, if it walks like a duck,talks like a duck, it is a duck. These 2 guys had millions of shares and no longer considered 8bsiders thus free trading shares plus they have no ties.
Plus the recent Q earnings and great interview with yet another profitable a coming. Come on Hoop this is too obvious. Even.
I believe you as we are not dependent but it would be a huge positive. Looking for a bump up end of day. GLTA
Obviously the big seller has never left. It very well is Joshua n the ex-CEO. No doubt in my mind.
Fingers crossed. This would be helpful to getting SHWZ moving forward. Yes this would be a huge step forward.
Could be the end of sub $2 just with the hope alone that changes are coming Confrats to those getting these ridiculous prices here
However they should still have $16 mil cash which could buy a few distressed dispensaries cheap. Plus free cash flow. Should be quite interesting as the future unfolds.
Agree 100%. GLTA!
My expectation of another acquisition news is solely based on the fact that there is only 3.5 months in the year left. Based on management's $250 mil forecast and the amount of time to close I believe the expectation of an announcement should be an expectation by all who have been following this closely
Yes it is coming. I have all the patience and will waiting this out until reversal adding when I can. Also expect another acquisition announced very soon imo
Totally ludicrist. Calls for .54 earnings next year and a PE of 8 with p/a of 1. No respect for this guy thus an Anal-lyst.
With such a great interview and all the views hard to fathom the lack of buyers. Totally baffled. The financials were absolutely 2nd to none.
Me too. Now it's rally time for SHWZ. Summer doldrums over for the sector. Watch volume start this week as all these views add buying pressure. Should see more PR this week.
They will blow out estimates. Also talk about qualified staff.
Oops meant q3
Growth and profitability will continue q/q for quite sometime. From the recent interview Dye again stated "under promise and over deliver ". Well we know what was the expectation for q4. Calling8ng for ,06 I believe more like .08
Nice. Future is very bright.
I mentioned this after the q2 release. That alone was the reason I sold other companies within the sector and put it all in SHWZ.
Going to send more money ib tomorrow. This interview was not only very detailed but answered alot of questions to understand the strategy. Also mentioned in depth of each and every member of the team and how they fit in.
It appears the mm's or someone is buying the bid selling the ask for a few pennies. This thing is couled so tight that we could see #3 in a flash. Seeing more and more 10k buys lately. Get ready for lift off. I know I have been saying this for awhile but the 10k buys are picking up
Yes that is very true. Know what you got.
Let's not forget JH. It may be AW is done selling and now another starts. They are to smart to dump and crush the pps. Surely they talk.
Whomever seller is showed up again. Must be a former insider.who else would sell at these ridiculous share price
Going to add money this week.I believe we see the pps turning up quick. Now is the time to get greedy for the grandkids. Giving them all a gold ticket from my significant holdings as this could really help with college costs or a down payment on a home purchase years down the road.
Analyst is now calling for .54 earnings per share for 2022 which gives us a percentage of 4. Anyone who has no position needs to wake up
Some very nice buys coming across as sells. Tomorrow may very well be better than today.
So agree. Somebody is buying with with big pockets. We are getting attention. Also agree that we will go against the tide as we are one of a very small handful that is profitable.
No after hour trades on otc. These are trades from earlier in the day.
Nice bid of almost $30k
Way to go Doc! Absolutely outstanding job of getting this in front of new eyeballs. You are 2nd to no one with incredible DD. I dont think you missed a thing with the SA article. You may want to consider posting on stock twists and a few other sites. Thx from all of us.
Looks like you already did. How about facebook schwazze board?
Welcome to the board. Yes Dye is the best thing and 3xecuting. Many here including myself do not want a merger. This could very easily be a billion dollar company by itself. IMO,many small retail successful operators will not be able to compete and gladly buy into turning the reins over to Dye. Once we get the PPS over $5+ more equity deals. Probably $10+. I believe this is the next GRWG in terms of growth.
Opps you already pointed this out. Just got caught up on the recent posts. Great insight on this board
Well thought out post. I agree and as some of these Mso's run into financial issues and believe me that is when SHWZ goes in and scoops up a large acquisition. To much aggressive expansion without a good financial footprint. As someone pointed out these undeveloped growth opportunities are overpaying for product and once competition comes is when s%$t hits the fan. Best example is Fl. & CO. EXCEPT for TCNNF who is profitable. Prices are almost double in Fl. Vrs Co yet almost no one is making money except the forementioned while SHWZ is profitable. We are the golden goose.