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Everything has its right price! Even this.
Meanest to say I could be wrong...
I could be right but seems not worth the effort for the $$ involved.
Why would hedge funds play with a $5m market cap company. Way way way too small. This company is losing money hand over fist.
From 10Q. Yikes.
The Company’s financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company does not have significant cash, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. In addition, the Company incurred a net loss of $3,909,203 for the three months ended March 31, 2020 and has negative working capital as of March 31, 2020. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
So what’s the AH HA?
Ha ha ha
Is 1.87 a good price? Thinking of buying.
I believe we continue the run up for another week or two, fill the gap around 3,350 and then pull back to around 2,800-2,850 over the summer. Then off to the races. $CPCE Put/Call would indicate we are near some sort of top
What is the best way to short from here? Options or SPXU?
Interesting next layer down perspective on the positive jobs news:
Tom Gimbel, head of recruitment firm LaSalle Network, says today's jobs report may offer a "false ray of light" because almost all job gains stemmed from furloughed employees kept on the books due to PPP loans. He's seeing real weakness in new hiring.
So I’m a casual observer here, definitely no expert, but it is interesting to see the sentiment shift...the shorts saying “its pointless to fight it” and folks turning and going long...is this not a microcosm of the ‘capitulation of the shorts’ that would indicate a top is near?
Revenue needs to turn into net income and from that net income you can pay debt.
So this will include the harvest in the Q and unless something went horribly wrong we should see a big spike in revenue that I’m not sure is priced in yet. Should be good for the price unless I’m missing something, just surprised they’ve been so quiet lately.
How cool to know there’s a wrestler on our board! I’m a long time WWE fan. Went to TLC with my boy this year and thinking about hitting up Wrestlemania in April since I will be in the area.
Would love to get a PM from the superstar, would make my day.
What happened to the Odyssey? What is this J-2 garbage. Makes no sense. I still hold a few but sold most and don’t trust this dog as far as I can throw it. Hope for a pump to get out.
$22 paint down at close.
Wooo. This one is gonna run big, I can feel it down in my plums!
I saw rumor news from this same outfit on another of my stocks and it was a total nothing-burger. I don’t expect the Cramer or buyout merger to have any merit (but own some stock so will happily take that news)
I agree, if you are the seller of a product who cares who the buyer is as long as they pay cash and you don’t extend credit to a suspect company or accept stock in exchange for product.
That being said, PURA sales are low so this is only a minor money generator it would appear.
I view this PR as an “oh that’s nice to know” type PR not a major announcement like the crop news should be.
Nice news! Thanks for sharing!
$1.27
So you’ve been saying $.06 share price for a while and to your credit it is now very close. So then you must be implying .06 is a bottom? If so will you buy at that level?
It’s plunged up 5% out of the gate.
Flat day in my opinion.
Join the fun! I got back in today but only a 20,000 share nibble.
Ever heard of a stock that had no business going as high as it did?
Aren’t there billion $$ industries selling food and supplement products whose claims “have not been substantiated by he FDA”?
Can someone smarter than me help me understand why so many of the CBD stocks tanked before close. Was it sell the news or fear that it wouldn’t be signed?
$88 of revenue! Did they do a couple DoorDash deliveries?
For this stocks flaws there is a price where it makes sense. That to me is always 2x annual revenue as a valuation. It worked for me on the last run and I think it is relevant now.
Yes fantastic run in the MJs January 2018! Better prospects for sector in 2019. I was in at the .06’s last year and it was the same talk of toxic debt on this board right up until the stock did a 15x run. Then it got real quiet about that note.
After cleaning up in the last run back in with a small starter at .112. Couldn’t time it perfect but trading at like 2x prior year revenues and now legalization of CBD. Low downside here at this level.
Bailed at .0009. Made almost 200% overall. Thank you NOUV and best of luck to you all. I will set a buy at .0002 which may never fill.
Tax loss selling IMO but sucks to say the least.
DMAN is a $1m market cap startup in the now red hot CBD industry with no debt, $500k in cash and $500k in R&D and a full team in place.
He explains later when talking interstate commerce and banking restrictions.
Hey compares to what we’ve gotten lately, I will take this. It means they’re at least alive!
Interview with Bruce Hannan.
http://www.princetonresearch.com/hemp-health-products-stock/
Shouldn’t signing already be priced in? It is not a surprise what is coming