is...(Making Money Is My Habit)
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Looks like we are on track for a 10% drop today
Oh I whole hardheartedly agree with you my friend. This will be nothing but sell, sell, sell, while the hungry eyes will see the leveling, then it will be nothing but buys with skyrocket up back over .01 - .02 possibly. Thats huge increases from these super low levels.
I believe this will happen. Once things steady out - people will be looking to make a quick buck and fast. There are no better opportunities than investing into the CBD realm, especially if there are significant talks for legalization.
However this will take time and for the next month (At least) there will be no gains within the market. Only monetary
Another 25-50% dip is expected as much as I HATE to admit. We've all lost money, whether its here or else where in the market. However, like I have stated before, I do have faith in these products and VATE with legalization. That being said - we are at a point where as a country we are losing cash and fast. A great way to bounce back is to legalize CBD and get the industrial hemp industry moving. We can retain billions of dollars worth of tax revenue, put many hard working americans back to work, and supply the very wanted products consumers want to buy.
It takes time, Rome was not built in one day. However, this current market situation is a sell, get the hell out, and wait for stabilization to reinvest and regain cash loss.
-Devil Dog
As much as I have faith in this company as a whole - the market will not support this. It will fall due to the economic and global downturn. I will still maintain my holding in the company and have averaged down near .01 but I will cease my buying and ride the wave when things stabilize. Its a ugly market and all we can do is wait and see how things go. However, I do predict sharper declines as we go further into the depths of these markets.
There is nothing holding this stock together at this very moment. In this current market - I predict at least another 25-50% drop from here
UNFORTUNATELY THIS IS GONNA GET WORSE BEFORE BETTER. THIS JUST LIKE EVERYTHING ELSE IS GONNA DROP LIKE A SACK OF POTATOES BEFORE IT GOES UP !
I bet all the Shrimp have Coronavirus...
Wasn't this company supposed to turn a profit going into 2020... this sinking ship will not survive this economic down turn.
With Economic downturn it can potentially favorably push CBD legalization in quicker to re-cop some taxes on the losses we are taking as a country.
We all know CBD is safe, sometimes you need a hard push to go in the right direction. Regardless, I do not think VATE is going anywhere any time soon, and nor do I see CBD going anywhere any time soon.
Have faith, buy the fear, sell the hype. Its the investor way!
Thats exactly what I have been doing. Sure I have taken a hit in the market and VATE in general but I know where my investments are. Buy the Fear and when the FEAR settles watch who gets rewarded.
Just like today - Even if I sold I made a 25% investment on the swing of fear.
I bought another 100,000 on the drop this morning as well. I've averaged down in the .01's bringing my big pot to a very comfortable number.
VATE is fine, the world is fine, people are just panicking like crazy humans they are...
Up 12% today - I feel bad for those who took the L this morning...
What have you people not understood about this market. Things are in a down trend, investors are pulling out over panic. There is no guidance from the government on CBD or any regulatory benefits for us as investors / sector performers.
It's not the companies that are messing things up "or VATE" in this situation - they are doing all they can. Unfortunately we have incompetent government, we have global recession, and no guidance on a clear path for business to continue to do business.
It will jump again - these are steal of prices for those who want to enter but to blame the drops on VATE or one company is just foolish.
Bravo - We actually have one smart guy in here again. I've been saying this for months.
Great Post and good luck my friend!
-DevilDog
People are as near sighted as a heads down quarter.
"Hey Medico, MR Busy CEO of a company navigating the trecherous waters of selling a legal-illegal product. Whats going on, I need a update every week because my $5000 dollars I have invested with you is my retirement... waaaa i cant lose money in stocks... I can't believe investing is considered gambling... waaaaa"
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Many great things will happen for VATE once we get clear and definitive acceptance from the FDA. Once that happens, I promise the flood gates will open and VATE being compliant to future regulations, the first in with great looking, tasting, and scale-able products will surely be the winner.
We could see this stock jump from pennies to multiple of dollars within the next few years!
Still sitting on 1.6+ million shares
What Market was booming in 2019 - Dow (yes) SP500 (Yes) OTC in general... maybe... depending on what stock you're invested in..
MOST CBD, HEMP, and MARIJUANA STOCKS HAVE FALLEN HARD in 2019 and into 2020 THEY HAVE STAGNATED. PLEASE LET KNOW WHAT MARKET YOUR LOOKING AT
Which Market? The Dow? The SP500? or the marijuana stocks because I am 100% certain all CBD /Marijuana/Hemp stocks have fallen significantly over the year into 2020.
What stumble - I mean what I say and I say what I mean.
VATE as a CBD company in the RTD market is a fine product with a fine product line. However, due to the market, due to the FDA guidance, due to the dumb-ass's in office, due lack of institutional / larger private investment, many CBD companies, many HEMP companies, many HEMP farmers are being left with the short end.
It's not that their products suck, it's because they cannot do business with any of the big fish because they are afraid of breaking the law. They do not want to lose their business, they dont want to lose their financing due to involvement in illegal activities.
I have over 30 stocks in this sector - I have over 1000 stocks across the global sectors, not including commodities and brick and mortar investments. 2019 has not been a "UP" year like people have described.
Seriously, do some DD and show me CBD and HEMP companies that aren't in Canada that have been going up... ALL OF THE MARIJUANA STOCKS HAVE FALLEN, and have continued to fall or trail sideways like VATE has...
MUST BE ONLY VATE RIGHT... HAHAHA WHAT A BUNCH OF **$&*$^$*Q&
TIMBER - GLOBAL MARKET SELL OFF!
You are looking at bagged coffee as a flop - YES i would agree as stated before.
Why buy a bagged coffee ground for that price with "Hemp Protein"
People dont drink coffee to be healthy - they drink it for Energy, Taste, and Aroma.
I dont think Healthy Coffee is a bad idea, but we are not selling this stuff in a GNC or a specialty shop where granola's eat that shit up.
People buy the coffee grounds that their used too, or they will buy a specialty brand for high quality coffee bean for that price. Why settle on sub par coffee ground with a little hemp protein powder added to it.
Now the money for VATE is the RTD CBD Coffee and Tea market, and then maybe they can make some money on the bagged CBD coffee later...
It's about the market bud... we have products that can be sold in numerous states.
Some understand, some dont... Best of luck to all.
In a sea of turds, VATE is still one of the best. I have over 30 different CBD / HEMP / Marijuana stocks and I still think the potential for VATE is absolutely HUGE!
It just takes time, patience, and DD.
All opinions of course
- Devil dog
I dont believe adding false claims to the mix will help the CBD / HEMP market... or acceptance from the government and old heads in charge.
I think CBD / HEMP / Marijuana needs to be as transparent and as reserved as possible to transcend into a legit industry.
ummm... I dont think you really get the whole CBD / HEMP market.
It's not about consumer confidence - consumers dont normally invest in their favorite consumer product. I mean 90 % of the gains in the entire market over the years has been provided to only like 5-15% of the public...
The CBD and HEMP market is down because there is no fair playing field for institutional investment. Banks are not offering loans, big companies are not putting money in grey areas, institutions are not putting money in grey areas... its only small fish like you and I investing
I'll believe it when I get an email from Ryan - or I hear some solid numbers from a accurate PR.
Until then - everything will follow the same trend.
Down, Up, Down, Up, Cry, Cry, Cry, BEST THING SINCE COFFEE, Cry again...
I have done the same - I even called and get no reply back.
I do not like that - but I guess he's busy.
The last 10 people invested in vate are pulling their money out
Excuses are like @$$Holes everyone's got one.
This stock is as garbage as the rest - meaning the whole market is following the same trend. I have confidence Ryan will shed some light on hard data within the near future. VATE is positioned well to take the lead in the CBD coffee + Tea realm but without guidance from the government we are just a bagged coffee company...
Nothing to see here folks, buy or sell but dont cry about it.
It all depends on the FEDS. Smh... people are as near sighted as a heads down penny
If VATE is so bad - sell your positions, and find another company to dump your cash into. Better yet, you want a safe bet - go open a CD.
It's okay - let them sell for a loss. I'll take it at the perfect time on the up for a gain
It's okay - let them sell for a loss. I'll take it at the perfect time on the up for a gain
Agreed - I have invested in over 30 POT / HEMP / CBD companies, and most to all have the SAME EXACT TREND...
If you look too closely, you miss the big picture.
FDA is the biggest issue for VATE, just like it is for many HMP/CBD companies.
Lets face it, Coffee drinkers drink coffee for 3 things.
1. ENERGY (Or No energy for decaf)
2. TASTE
3. AROMA
Most coffee drinkers are not looking for healthy coffee alternatives. They just want to drink their jo, go to work and or where ever and thats it. If you go to a specialty coffee bar and get some crazy ground, sure... but those markets are small. VATE's HEMP coffee is a decent coffee, its not bad but its nothing compared to premium ground that you can buy at the same price level, without "Hemp proteins".
Coffee is not the same as comparing Health Supplements at a GNC. I think they are doing well in the bagged tea and coffee market, but we are talking about maybe...and maybe $250,000 worth of sales for the year in the realm... I dont know, I dont know the numbers but I am sure it aint that high. It's note worthy for a startup coffee company but this is publicly traded, not a private company. People want big numbers and we arent gonna have big numbers without CBD being legalized and being allowed to be put into food / drink.
I have 1.4 million shares, I know what I own, but just saying, blame the market, blame the government, blame investors, but VATE in my opinion is doing everything they possibly can to be compliant, transparent, and a quality product selling company. I would like to see some $$$ data but hey... we all cant get what we want. I do know they are making some coin though.