Empire Building 101
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Honestly the criteria you go by is almost the same as mine. The $100 Mil revenues or close is very big and profits in our Cannibus sector have been very elusive although some are getting close.
Here is a recent interview with SHWZ who I know you are very familiar with. This is only 11 minutes and well worth listening to. I have been buying and have mentioned many times. IMO it now merits an extra look and worth listening to. The float is #28 Mil with the total O/S 42 Mil.
Yes we did and quite often 2 people can hear the same thing and get a different mean. It sounds the Mesa and Purblebee's are doing awesome. Purplebee's could be $50+ Mil themselves in 2 years. Obviously the selling pressure subsides tomorrow. I've got a few more junk stocks and they have to go!!
Just listened and a little bit confused. He said $60 Mil for 2020 and 115-125 Mil for 2021. My thought is a $60-Mil Rn rate as we had discussed $60=$65 Mil run rate with the 6 new dispensaries for Feb. with nothing added. Now we are talking $115 Mil-125 Mil for 2021. Do you think he meant $60 Mil sales for 2020 and not run rate? That would imply much greater sales than $9 Mil. IMO it has to be run rate as that would imply $40 Mil for Q4 to get to $60 Mil sales which is actually absurd. If that assumption is right on my part they are assuming about $30+ Mil Q4 2021.
If I am wrong and we realize $115 Mil to $125 Mil as Dye said we have not any sales from the last 5 dispensaries or cultivation Q1 to speak of and that would put Q1 sales of $18-19 Mil Q2 $30 Mil $30 Mil Q4 $40 Mil=$119 Mil Sales.
Also mentioned Purple whatever is growing "wildly" Mesa is doing terrific. Used the words profitable quite freely. Dye used the word I have mentioned here frequently and not common with pot stocks and that is fundamentals. This is why I bought in. Your self and others are more chartist and tech guys which I believe are important but a real investor is looking at fundamentals. Things here are changing fast.
Sure as heck isn't me flipping. I have been buying everything I can possibly buy with both hands. We may go straight back to $3. Many will have regrets here selling to early. Haven't listened yet but will do it right now. GLTA
We could see some continued selling pressure at the open. However, IMO we are getting ready to bust out. Thanks for sharing. Looking like Star Buds is closing soon more coming. Hang on it won't be long. The word is getting out and the low share structure is going to help this stock rock. More peeps buying tomorrow. GLTA
So sorry to hear this.
Magnum as previously working in law enforcement BLOZF may have some interest. They have a breathalyzer for THC. With all the legalization talk going on they just got a patent. It took 7 years but this will be a key component that I would think every police department in the country will be buying as a deterrent to driving stoned.
My triangle would be if I were to pick one would be 1)hitif 2)shwz 3)hrvsf
These 3 I feel very safe double in 6 months and will hold unless news related or price objectives me. At .61 I believe HITIF has the potential to go up 500% this year and not be overvalue. Current 70 dispensaries in Canada and the biggest e=commerec in the US for pot accessories.
They have all new management. All with a pedigree IMO. CEO put millions of his own money in and brought most of the key peeps from his last gig.
What happened with Goodbuddy?
Whatever happened to Good Buddy? Used to be a frequent poster and up and disappeared?
Going to hit hitif tuesday pretty hard for 20k if under .65 which I believe it will. Still believe this is a core for the next 6-9 months. Sold some holding 50k. Bought 1k CRLBF as IMO they will have very good earnings and probably going to hold going forward. Narrowing my holdings to CRLBF, HITIF, AYRWF(through lhsif conversion) and SHWZ. This is subject to change with news.
I'm out. Decided to go with CRLBF. GLTA
We have a guy recommending us as a 3rd tier stock buy. Says the share structure by itself is worth buying. Go to about the 17 minutes and listen
and that is without nothing else and we certainly know by statements made their is more coming and my guess this is why Star Buds is taking a little long.
Here is the signatures for 3/30/20 for the filing of the 10k for Q4.
Signature Title Date
/s/ Justin Dye Chief Executive Officer and Director March 30, 2020
Justin Dye (Principal Executive Officer and Director)
/s/ Nancy Huber Chief Financial Officer March 30, 2020
Nancy Huber (Principal Financial and Accounting Officer)
/s/ Leonardo Riera Director March 30, 2020
Leonardo Riera
/s/ Robert DeGabrielle Director March 30, 2020
Robert DeGabrielle
/s/ Brian Ruden Director March 30, 2020
Brian Ruden
Now last night we talked about q4 earnings and revenues which we all thought would fall around $9 mil give or take $200K
With absolutely no more acquisitions or the completion of Star Buds we should do $30 Mil without the 8 starbuds. Took $7.46 for Q3 x 4. Now we have 6 starbuds doing $24 Mil so figure the other 2 will also do $4 Mil per year however with only 11 months it comes to $7.3 Mi. So with no increase in sales or nothing we have $30 Mil + $24 Mil +$7.3 Mil=$62 Ml
So we have about $63 Mil for 2021 with flat sales projection well over $15Mil per Q. These numbers in reality are about $70 Mil with a 10% increase and $17.5 Mil per Q. Now add in the 5 existing dispensaries which I believe are much more volume and cultivation and it is more than obvious we will go straight through to much higher than $25 Mil a Q and this is without no other deals.
Exactly what does that mean getting flippers and traders out of the company? I certainly hope that is not a concern of the CEO. He needs to take care of business and not be distracted. Personally I believe flippers and traders are good for getting eyeballs on the stock as some investors will come and hold stock. IMO, not enough volume to attract traders maybe flippers.
FWIW I bought another 5k today between $2.67-$2.97.
That is what I thought. Never saw this dump coming. Everyone have a nice long weekend,
I'm in for 1k at $16.
Getting closer and closer to a 2 trick pony. Although I did buy 1k of CRLBF at $16 today.
Filled Buy 400 SHWZ Limit 2.89 -- -- 14:06:12 02/12/21
IMO being a niche player only in Co. is currently hurting as the MSO's are getting all the attention for now.
When I get to my target goal and then to the target price I never sell large numbers at once. For example if I ever get to my target of 100k here I will never sell 5k at once usually 2k or even 1k at a time. I do mot think people are holding 300 shares and thus selling their only shares but more likely hold 2-3k. Just my thoughts
I added today unfortunately not at the lows. Filled at $2.97 I'm tapped need someone to ante up and buy some shares and push this over $3. Agree once new legislation happens we are golden and believe me it is going to happen. GLTA
and down it goes.
Agree with most of what you said except earnings. I suspect we still lose .05 a share for the Q. Write off and expense everything you can to make 2021 and incredible turn around...jus sayin
Anybody buying the dip? I just sold some hrvsf and waiting to buy more. With the sell off it was obvious we were going to get thumped a little. Getting closer and closer to my goals for the l-term.
Got 100 shares filled on 2k at 2.90
Being they are QB do they get 90 days for the audited yearend? I believe so but not sure. Tried looking for last years but not available on Yahoo.
No ACB huge. I believe we are going to get the opposite of yesterday where the sector was ripping pre market. We are selling off huge premarket. We are now oversold as even ACB is lower than the parabolic move. Buyers market is today. Looking very bad for the open on hitif. Now below .65 and HRVSF getting hit.
Not sure about the sector has stabilized. ACB & TLRY getting creamed pre-market. We may very well test $2.80 support. Hope not as I did most of my by yesterday. GLTA.
ACB is heading in the right direction as they beat on revenues and bottom line by a lot. Today could be a buyers market.
I bought 1500 shares of SOLCF. They will own about 9% of the common. They also owned 20% of BMWLF. About $3.50 a share. They should get a decent bounce as that alone is worth $4.00 a share IMO plus they have other businesses within the sector
ACB getting crushed in the pre-market. Can't be good for the sector.
This 24 Mil revenues comes directly from the Dec.21 press release for any newbies. Also note that your $5917000 revenues correlate with the $24 Mil with no increase in revenues or $6 Mil quarterly revenues. Very good EBITDA numbers considering the very competitive prices charged.
Star Buds is one of the most recognized and successful retail cannabis operators in North America and is home to a wide selection of strains, concentrates, edibles, tinctures, and best-in-class customer service. The acquired dispensaries are located in Denver, Commerce City, Longmont, Niwot, Pueblo and Pueblo West and are projected to generate proforma revenue of approximately $24 million and EBITDA in the range of approximately 36% of revenue in 2020.
https://finance.yahoo.com/news/schwazze-acquires-six-star-buds-120000967.html
Revenues for Q4 I believe are going to surpass last Q by a decent amount. Q3 had revenues of $7.46 Mil. MY estimate is as follows with 10% growth from Q3 is $7.46 Nil + 10% growth which is $746K=8.2 Mil.
Without the 6 dispensaries acquired on Dec.21 which did $24 Mil pro form 2020.
I took 24,000.0000/365=$65,753 per/day
$65,753 x 10(days)=$657,300
$7,450,000
$746,000 10% increase from Q3
$657,300 10 days revenues for 6 dispensaries
____________________________
$8,863,300 Revenues for Q4
All comments welcome
Sorry not a chartist guys/gals. I invest strictly on fundamentals and expectations of future based on available info.
We should get a boost tomorrow as ACB quite handedly beat estimates and up after hours. Last I looked 6%, Might not get anymore cheapies.
Adding on every dip as I am getting out of a lot of crap flips based on hype.
02/11/2021 Buy 2,000 Shares of SHWZ Limit at $3.05 (Day) Filled at $3.0493
$6,098.63
I believe this is the bottom right at this moment or near $3. If we do not hold then it very well could go to next support of $2.80 which I don't believe will happne. However, anything is possible as mm's could very possibly try to burn the stop losses.
Know what you own. Bet a large amount of this sell off has to do with margin calls and panic.
Accumulate all you can as this IMO will have an awesome run. Worst case scenario is we don't get the financing for the other Star Buds. I am stated worst case which IMO will happen. But let's say it doesn't happen we can easily now cookie cutter anything we buy based on the Star Buds we already have. These stores are 5 star same as management.
Congrats and GLTY.
Hoping a few flips come through as my goal is now 100K as 50 is history.
PS I said worst case and in no way do I believe we do not close. I always do worst case/best case and then the risk/reward and this one is thy best by a country mile based on future results in this sector. Of course IMO.
I've been buying a lot lately here as after doing more DD I feel this is the safest stock in this sector. Bought 3.5k today and looking to liguidate more flips. Don't have a clue where we will be next week but 6 months I am betting we double and that is conservative. Look at SNDL with a billion shares and the market cap. Unbelievable and their is so many more like this. You are okd enough to remember the dot.com bubble. This will end terrible for many while the real companies will give extraordinary results for the patient. Of course IMO and always do your own DD
I am slowly becoming a 2 trick pony here. SHWZ and HITIF for a tight hold. Over 70K here and have been lightening up on other positions. I can not stress this enough like the squeeze in GME &AMC many will get hurt bad in this sector. Same with trash crpto companies. Pick solid profitable companies.
I have become a very big believer here. Have another order in for 2k at 3.06 Have to stress the safety here.
Just filled.
02/11/2021 Buy 2,000 Shares of SHWZ Limit at $3.06 (Day) Filled at $3.06
Nothing like confirmation. I've been fooled more than once and now I see nothing but blue skies ahead. Make take awhile but not very long IMO.
Holding 4 stocks as of today 1)SHWZ 2)HITIF 3)LHSIF 4)HRVSF
Opps also a few BLOZF
Added 10k today. SHWZ is a sleeper and will run hard very soon.
LHSIF will convert to AYRWF. This will become HITIF
While they will be much improved it is Q1 that will change the outlook on this stock. However IMO, we are so close to take off right now. I said today but certainly this week $4.50+ IMO