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Been sitting on my 100k shares for some time…..putting money to work elsewhere right now…..probably a good time to buy a few of the big names if you think safe banking or rescheduling is close to occurring….jmo
Reckless opening of dispensaries is foolish….it will correct itself over time….jmo
I’d say sell at $1.20 and buy at $1….looks like it’s going to bounce in that range until something politically gets done…..jmo
No problem…..just like you bought assets(shares) at one point that you thought were a good value, the company did the same…..they bought assets they considered a good value….the markets changed and the asset values dropped….they now have purchased more assets at an assumed better value….I guess you could say they cost averaged….it’s now up to us to decide if we want to cost average some more….by the way I always valued your opinions as a straight shooter…..gl
IPS……can’t argue any of your points here….you would think the company would be on top of these issues…..sounds like someone is sleeping at the wheel….I like how High Tide does it….don’t currently have a position there but might transfer some funds in their direction…..still holding my 100k shares waiting for safe banking.
If we all had crystal balls investing would be easy….amazing how the flippers turned on JD…..Doc was the first one to turn on the company and now the rest of the sheepeople follow…..smh….lol
Funny…..a friend of mine who doesn’t invest but smokes a lot said the same thing about the industry but not specifically this company….said this stuff is falling off trucks like crazy….smh
I guess we will see what happens….my guess is safe gets passed and we all get the trading opportunity we’ve been waiting for….just not sure the exact timing.
Yup it is…..when JD was buying last year we hit the low 2’s…..I think the conversion price was $1.20 at that time also.
My guess is the buyer took a breather but will be back:)
No one cares until safe passes….just like no one cared about JD leaving….it is what it is.
Just a thought…..now that Justin is not an employee does he have to report his stock purchases? I’m going to assume not….my guess is he will start buying the float and then eventually take this company private…..only logical explanation I can come up with…I could be way off but the shares are so cheap.
Come on Man…..I love watching 6’ 2” guys beat girls in the 100 yard dash…..lol
Again the company is running a business…I don’t really think they worry about releasing news that is going to hurt investors feelings…..this news will pass and the company will move on….if their vision is correct these will be cheap shares…..if they are wrong then we all go broke….the sector is floundering and it’s mostly due to political issues and the sector still being in its infancy….happy trading……buy the best companies on the dip and eventually you will win…..is this company one of the best? Not sure yet….good luck all
Steven…..it’s called trader talk…..when the trade goes bad the trash talking picks up…..it’s a buy signal…..retailers are running for the hills…..lol
Tlry is kicking the can down the road…..not looking good…glad I passed on that one.
Doc, when you buy a house you pay interest…..all is not peaches and cream but you live in the house pay your interest and eventually sell it for more than you paid….you have to ask yourself why does Schwazze keep buying businesses and why are people selling for some cash and a bunch of stock…..I’d think they might actually believe this company know what they are doing….just my guess of course…..good luck
Funny…..the more news we put out the lower the PPS drops……I guess the storefront count in New Mexico is causing some sales outlook jitters?
Why does no one seem to care?
Wow! Nice move
I’m assuming this is not the news that you have hidden in your back pocket…I haven’t bought shares since the fund was selling off but seems like a good time to add with such little interest.
Nice post….thanks
Got no problem with the trading….got my hold shares and my trading shares also….good luck
For a short term trader I agree….if you have time to park some cash, I think the right companies will pay off nicely….jmo
If you look back to last year they put out a press release on the 28th of March about earnings being released on the 31st….then they released earning on the last day of March…..I would expect the same this year.
Yup, we get it….great opportunity for long term investors….still have my low bid in for the panic sellers…good luck
Yes…..thanks IPS……was able to grab some $1.03’s and .05’s……sector is still a mess but holding long term….good luck
It’s official I would never invest in MJUS….image them just throwing your money away at any price…..smh
Looks like our seller has moved on….was able to pick up 4k more of the cheapies…..too bad my other 7k didn’t fill…..hopefully the pressure is off.
Doesn’t help that there is a large seller liquidating at any price….Also that fact that states greed to allow unlimited dispensaries for tax collection purposes has backfired….as we are seeing businesses go under they get nothing…..There definitely needs to be a cap on the number of licenses available based on demographics but capitalism will eventually take care of the problem as we are seeing….question is who survives? I’m actually a buyer right now…bought 11900 yesterday and will buy another 12000 or so next week….especially with the fund selling into the low bids…..see what happens….good luck……
How do you know?
Sold 25k more yesterday…..they will be out by early next week….thank god…..must be a moron running that fund….lol
Not really….I did read it but it seemed far fetched to me….but big money hates when the small fish get to feed…..example……GameStop
Last year didnt announce the date until the 28th then reported on the 31st but I’m sure you know this.
Question is how long will that last…..my guess is another year of pain and then the cream will rise to the top once all the political paws make their moves….by then the big players will have swooped in and picked up all the low hanging fruit……all done to destroy the retail investor….jmo
We need a life line…..this sector is a train wreck……smh
Good….I have lots of dry powder waiting
Can’t argue much with your post….The only thing I would add as a X factor that keeps me in the sector is a potential for a political announcement favoring the sector….that would allow for some profit taking…..unfortunately it’s a long shot at this time…..jmo
What results are we speaking of? Don’t have a problem with the bash just show the proof.