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I don't think $10 by summer is out of the question. Especially if there are reports of better than expected business/earnings. The stock just started trading a week ago and there has been nothing but bad news, yet pretty much everyone is in the green and holding long.
Agreed. If you consider the anticipation for what is obviously the creme de la creme of MMJ stocks, nobody, and i mean NOBODY thinks we have reached maximum potential in the first 5 trading days. Maybe even some Hi Frequency Trading was involved. Who knows, but nobody who is getting out doesn't have the intention of getting back in. The just think they might get a better price... BUT THEY STILL WANT IT!
im not really worried... from the looks of the pictures and videos they have PLENTY of weed growing :)
Anybody that has bought this stock obviously knows the upside, i doubt anybody that owns TWD is not aware of the seizure last week. and as they say, any publicity is good publicity lol
agreed... my have to wait til tomorrow for fireworks :)
TWD holding up pretty well compared to the rest of the sector today... ATTBF and FITX both getting crippled
the sooner we shake out the weak/dumb hands, the better! lol
Buy when it's red... that's how to play the game ;)
Of course the news story is followed by an opening price smash to shake out scared and over-levered investors. This is good for long term holders
Tweed Marijuana's shares are not registered under applicable federal or state securities laws in the United States and, as such, may not be offered, sold, pledged or otherwise transferred in the United States except in transactions that do not require registration under any applicable federal or state securities laws. Investors are cautioned against relying on any information about Tweed Marijuana that is not provided by the Company in its public disclosure documentation available at www.SEDAR.com.
The shares are valid, they are just not backed by regulatory laws being in a grey market.
I just tried lining up 1 share on the order page, just to make sure i wasn't talking shit... it is possible lol
yes, long term holders scarfed up the shares that traders were flipping today. looking healthy... started to breakout before close so expect a decent gap up :)
I trade with RBC and you can buy 1 share if you want... of course at 9.95 per trade that makes no sense, but still possible
I just want to say that we should not tell posters like "pennystockinvestor" to leave this board... We need devils advocates to keep us in check... I do wish he would put up a better argument, but i guess that's just a testament to the long term strength of this stock. Either way, we should not blast the naysayers, but rather embrace them with debate. I enjoy it ;)
I don't know what the numbers are gonna be but i think we can all agree they will be higher. With the laws loosening, so will the doctors with prescribing.
I think the people taking profits are day traders and even they probably got back in on the close.. the sheer volume and volatility on this stock is a day traders dream!
Wolfofweedstreet is a pumper that relies on the volume trading of his "wolfpack" ... the volume on Tweed is too big for his "wolfpack" to have much of an effect IMO
BREAKOUT IMMINENT!!!
Also the daily wave channel is almost closed. Im thinking breakout in the last half hour of trading
3.60 is now clearly support/resistance line. It trades sideways for hours at that price. Looking at 5 day chart it is even more obvious.
they are constructing many more rooms, and they have many dehumidifiers
i realized i never said net and while i dont expect operating expenses to be 40 million, you obviously get the picture. thats why i lowballed with 50.
nice call... you can only show a man to water, you cannot make him drink lol
projected annual revenue of 100m has been lobbed around, i don't have a link but im sure somebody can provide one. even 50 million would be more than 1/3 of the current market cap. Hell, you have some tech stocks trading with P/E ratios of 30 even 40!
So long 3.30's... we barely knew ye
If Tweed even makes HALF of their projected annual revenue, they would have a P/E ratio of LESS THAN 3 ... this stock has nowhere to go but UP
plus, they only have rights to 250k shares @ 0.89 cents. That's less than 1% of outstanding shares. Insider BOUGHT on friday and the lowest possible price they did that was @ 2.35
just like on friday everyone is fighting again lol... don't sweat intraday moves guys. We all know this is going much higher. If you have invested more than your blood pressure can handle, go to sleep and wake up tomorrow lol. After going from 2.50 to 4.00 in 3 trading days, a pullback is HEALTHY. Today, since we are red, expect day traders to buy back their shares later this afternoon. remember, RED DAYS ARE FOR BUYING!!!
lets have that discussion when there is even ONE competitor. Until then its a monopoly. which is apparently great for business!
2.35 lasted for maybe 10 minutes... not a sustained bottom... hardly anyone got in there. Insiders were buying at the 2.50 levels on friday. 1.90 is just not going to happen.
2.50 is the bottom.. you know how many people are choked that they did not get in on friday? NO CHANCE of seeing the bottom again. We wont be seeing many red days in this stock so if you are not buying today then you are doing it wrong IMO
if i liked it at 4.2 then i obviously love it at 3.70 ... i grabbed more at 3.74
we are 20 cents off yesterdays close lol
retesting 3.60 support... this is healthy, and seems to be holding up well
sentiment change is RAPID. Harper is a sock puppet. Listen to his rhetoric about the Ukraine crisis/failed US military coup. They say "jump", he says "how high?"
I stand corrected lol
For anyone planning a buy, 4.20-4.30 is a decent entry point. May get down to 4.10 but you probably wont be seeing anything under 4.00 ever again
since the US federal and state governments are running a Bernie Madoff style ponzi scheme, i have no doubts that more states are going to go Colorado if not for the tax revenue alone lol
if pre-election polls even start to show him as a front runner, watch the price of TWD go ballistic
I will be floored if it is not fully legalized in the next 5 years. The states are going to start rolling over like dominoes considering their poor fiscal positions. Canada will follow suit cause our leaders are a bunch of sock puppets.
If Trudeau gets in, legalization is a slam dunk. And i hope to god he does, because he is the only candidate with a backbone that's not some ex-highschool loser/gladhander/yes-man. And he has a legacy to live up to, he will do the right things and stand up to US strongarm.