Empire Building 101
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That would be awesome. That would play perfectly into earnings and show that management does exactly what they have said they would do. Added a few k this week and and will add a few more next. Hold tight and watch this grow and sooner than you can snap your fingers we are an MSO
Totally agree with the big acquisition coming
Are you sure this is a new acquisition? These dollar figures and unregistered shares with a $2.30 kind of looks like a follow up with the closed acquisition. Any thoughts this could be a possibility Doc?
Just found a few bucks under mattress. Just bought another 400 shares at $2.245 Currently way to many shares in one stock
Regardless Dye and Co. with Star Buds acquisition will make believers as they continue to grab market share. Still believe with a great earnings [img][/img] report and the perceived next acquisition will bring eyes and volume and a higher pps which in turn will bring more bang to the buck
Surprisingly they used some of the financing when they were sitting on $20 mil cash. Guess that only confirms what we already knew which is a big acquisition is imminent.
List added another 1k myself at $2.29 myself.
Really surprised we have sellers that are just relentless.. I really feel this board has management pegged as they best in this sector. Hopefully next week we will know as I believe we will see a profitable Q. Can hardly wait. Bought more today.
Personally I believe purplebee's is the golden goose. Last q almost 7 mill with 200% growth from year ago. Now we have much more capabilities. I could easily see them easily contributing 10 mil q4 this year with much more next yr.
Just bought 600 shares. Average pps is 2.34 will add more this week as management is the best in the industry creating value plus they put their money in and currently have not cashed in 1 single share.
Didn't they pre-annouce last quarter? Agree with pretty much everything you posted. Will be buying some this week as money comes available. First purchase in 3 months.
Today would be a nice day to pre-anbounce revenues
Well hopefully in less than 2 weeks we get the positive earnings report we all expect along with a big acquisition news
Exactly. Free cash flow.
With everything happening here new highs are imminent by earnings release. To many things being positive to hold this much longer.
Lift off? Sure looks like it.
Certainly looks like one hell of a deal. Why so cheap when looking at other deals? Friggen awesome deal. Better margins look like a dunk shot. So glad I have held tight
This closing was incredibly quick. Anyone have any clue on what the shares were valued at on a pps for the amount paid in stock?
SSO right out of the 5CNNF playbook. Then kill it when the MSO opportunities open up.
After someone showed the margins at 45% I really believe you may be correct with your call for a profitable q2. One of a very short list of green today. Holding strong as I love the so strategy as the synergies are unreal. A pte-earnings announcement is just what the doc ordered.
Agree 100%. To many unknowns at this point. However the management team is a winner and we are currently building out the bricks and mortar and when Dye decides to go profitable is anyone's guess. I have the patience and will be here for whatever it takes.
Hope you are right about the $30 Mil Q2. I was thinking around $28.5 Mil. IMO, 30 mil should get $3 and possibly more.
Thursday could be the day a true reversal starts.
Hope to see an earnings preview soon. This could/should help.
Also not mentioned on IHUB. With this announcement Dye is slowly but certainly building the empire.
Not worth a mention. Should get another deal announced very soon and then we test the proverbial $3 once again and hopefully never to turn back. My confidence is rising here very quickly and soon the bullishness comes back to this sector and especially SHWZ. Stay tuned big things are coming. Of course IMO.
Yes revenues not ebitda.
Never just a straight answer as with all the selling we held up well. Was this caused as a result from the news bringing in the new buyer? Could we have breached $2 without the news? Personally can't call it. Comments welcome.
Totally agree. Even the one announced does not happen until Q3 which I know starts soon. Not at all saying anything other than it may take awhile. If Joshua is selling last I knew he had 3 Mil shares. Not at all saying things aren't happening but it takes time.
https://www.yahoo.com/finance/news/week-cannabis-federal-drug-decrim-203745461.html
With some MSO's down 50% especially a leader being TCNNF who has had so much good news and EBITDA off the chart personally I find it hard to believe SHWZ will buck the trend. IMO, any real good news will only help get rid of this huge seller/sellers. Now you have inflation concerns, interest rates, democrats not following through on Safe Banking let alone decriminalization to name a few concerns.
I am not suggesting at all for anyone to sell nor am I but merely stating their are current concerns and anyone who expects a double or triple with the next acquisition news or expansion news. While looking at the recent acquisition of Medicine Man these 4 stores are very similar to sales/profit and EBITDA paid for Star Buds plus they also received 35K grow space.
Many have called including myself a much higher PPS after Q1 to no avail. To many expect doubles and triples in days/weeks where smart investors such as the insiders here and some here with a longer timer horizon know that the value is as good here as any other stock in the sector and are not expecting any (1) piece of news to increase the PPS but multiple pieces to eventually get the PPS at a much higher price.
PS Please do not tell me to sell and move on here as like many others I believe we have the golden goose here but with so many moving pieces not yet aligned it will take time.
Not at all. Continue to add at these bargain prices. My thoughts...yours?
Plus the Dems have done nothing they said they would due. The market is not going to help us going forward until something within the industry changes politically along with decriminalization. Politics currently has a firm grip here and nothing happening. Next week next week. Purely BS IMO.
Many here have suggested that A.W. is the seller due to various reasons. While I believe along with that Joshua Haupt is a seller as he too did part ways and with 3 million shares to build his own dynasty. It only makes since as SHWZ does sell CBD's etc. Thus I believe the selling will remain for the s-term(1-3 months). However, with that will bring fantastic opportunities to add shares to this l=term gem.
PS Hopefully a great Q2 will do the trick.
Your lowballing Purplebee's huge. Per Q! they had $7.5 Mil which translates to $30 Mil for the year and you have a %20 Mil value. Smoking or ingesting to much product...lol
Plus that is assuming no growth from Q1
Let the games begin. While consolidation has already began in Co. watch closely as mom and pop die rather quickly. The 64k is can SHWZ play ball. I believe news is coming soon but then again who knows.
This little tug of war with sellers is merely a very small speed bump gone in a week(IMO) as yet another big buyer emerges. Time for the emperor to put some clothes on!
Funny how so many shares have been sold knowing what we hold. My thoughts this is a ticking time bomb as the next page into the next chapter happens. Pity the fools who have shorted this when the page is turned. Then again maybe we are all wrong.
Not really just trying to stir up some conversation. Obviously we will see a institutional buyer filing or more soon. Still wonder wth is selling?
PS Things happening here that have not been reviled. Stay tuned and watch the filings.
Interesting as sells continue to outnumber buys yet we are up. Anyone explain this?
Imagine what would happen with some real buying pressure. The tape is still saying selling is 2:1 over buys and yet we are drifting higher.