Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
what of it, a single freshman (fresh blood) R has a non-sweeping cannabis legalization bill? how is that anything but self-serving
Is there a politician besides one of the ‘squad’ who is exceptionally vocal about the injustice that unjust and improper cannabis laws have done to the ‘least amongst us’?
I could care less if people broke what was at the time, the law. Fuck the law. It was made by people unconcerned with ethics. Millions of non-violent drug offenders need to be freed and have their records wiped like 5 years ago.
we need younger blood in Congress period, its not a partisan thing lol. Watching these bureaucrats try to legislate technology they clearly have no grasp on is murderously painful. Weed isn’t terribly different; its not technical but they have a very old mindset of how it works. Anyone who’s used cannabis for some length of time knows it isn’t even in the same universe as alcohol as far as danger or damage. Some people in Washington treat it like heroin.
There should have been term limits imposed on Congress decades ago. Those people should have no reason to always raise their salaries and then roll into another 6 year term. Like, find something you enjoy in life for your golden years and let people who understand modern society make it work for the people who have to deal with it.
I have an inkling that Dye is beside himself with news he wants to share but can’t yet. I appreciate how close to the vest he plays though. AW played the game with his hand flat on the table and got surprised when everyone else knew he was bluffing
Before I’d vote to increase taxes, I want mf’ing receipts of where the current money’s going.
Seems 95+% builds bombs and 5% goes to bureaucratic salaries. Meanwhile the infrastructure in my state is from the 70’s. The neofascist liberals are destroying the left, and the ‘libertarians’ don’t understand that they didn’t bootstrap the socialized utilities they use to their homes. Which leaves us with the leftists who are getting destroyed and the rest of the conservatives be them alt-right or basically centrists who usually want to do what’s evil and worst for everyone.
That tax goes straight to the DoD lol. It’s hilarious CO decided on its own to use weed for education because it was/is the greatest solution.
the slow and steady approach is going to be the major kicker for shwz. slow is smooth, smooth is fast.
its starting to get a bit more exciting, do we know when earnings are? the holiday season is usually a big time, not just for extra greens for the celebrations but for companies to capitalize on the holiday spirit.
I’m most looking forward to what Dye gets me for DevilLettuceMas. One of these years I’ll get a whole canna tree for decorations
no. while it def has the majority of my eggs against any other individual thing i have the rest of my shit diversified in the s&p 500. some would def say im overextended on shwz but what I say to them is usually that im young enough that i can afford to leverage a large risk; the market isn’t what my father grew up learning about today, and those his age’s advice is from a perspective that doesn’t understand what it is to be young and investing in this day and age. I am not at all intending to come off as ageist or saying that older people have bad advice. But playing as safe as I “should” won’t get me anywhere. I have faith in dye with my shares.
dayum thats a lot. I’ve been buying a few hundred every couple weeks as I can, tryna get up to 40. I wish my employee retirement account would let me choose what to do with my own money
i think dye and many of us here aren’t looking for 20. I’d love to see it, but if it hits 20$ in 2 years from now, where might it be in 4 years?
i guess it all depends on how quickly you need/want to turnaround your funds
the fact that he was a turtle makes him all the more impressive
to the moooon
Nice. I hope to see more grows. I wad nervous when Starbuds was put before getting a plant op but I’m happy with how its worked out.
does anyone have any theories for the next acquisition target?
there’s been a steady raise for about a week. up up up the stairs we go
thank you everyone. Not totally surprised it also precludes you from purchasing in other accounts.
maybe this is stupid, but if you don’t intend to claim the loss on your taxes, is there anything stopping you from selling and buying back in? surely your account isn’t locked and “unable” to buy that stock is it? Not that it would make a difference. the relative price per share wouldn’t change.
Are daily traders/flippers not able to take advantage of tax write offs (as easily, maybe) because of this rule? *wash sale rule
I don’t think I could flip this very successfully. I’m following that king’s gold quip somebody here said, only buying more when I can. Almost all of it is in the lower long term tax rate I don’t mind keeping it there
how does selling for tax reasons function? I get that if I’ve got 10k shares at a 3$ position and sell them all down here at 2$, I can claim that loss. But I cannot buy back in for 30 days?
Can that account not buy that stock for 30 days? If I sold, transferred in another 10k cash, and wanted to buy a fresh batch, would I not be able to?
It’d be ideal if I could swing that on one of my accounts but I’d be afraid of it jumping above 3$ in a month
I honestly think anyone who knocks Reddit is doing it wrong. You can google something and get the CIA/FBI answer or you can add reddit on the end of your search and learn the truth. Obviously not all participating post quality, but the upvote/downvote system could like replace our democracy.
I swung a few hundred more shares down here which was nice. This stock is a dangerous one to only buy on the dip-when an invisible line is crossed that dip might never come.
I don’t have Level II (don’t even really understand it is) but Steven’s logic seems completely sound to me.
Even if it’s not AW or JH specifically…were there any other c-suite people who left that could be a large seller? Maybe a pointless question, as obviously shares are being sold doesn’t matter who.
It is senseless to sell down here unless it was a large owner/they got in at a preferred or lower price. Most here are loaded up enough to not be buying a meaningful amount to raise it. It’s not high enough for industrial investors, and its unknown enough its no where near the radar of your average investor. So nobody/few enough people is buying.
just who and why. how come Seller does not see what Drug Doc and Hoop (and the rest of us). i can’t comprehend selling at this price
kicking myself for the shares i purchased above 2.40 lol. oh well. In February that was a great deal. wish i had ammo to load up another 10k shares
maybe that its just absurd to think that we ourselves need to proselytize for a stock that does already speak well for itself.
its borderline pyramid schemey. “our stock will go up if we get the word out” no its gonna pop when it pops, be it tomorrow or two years from now. A rise is inevitable at this point.
and im busy. who got time to do pro bono marketing
If I mention at least twice during my current term in Congress I can run on it again during next re-election. Why would I get a single thing done?
the OG medmen also renegged on like…all of its announced acquisitions lol. between an unreliable company and a solid PR team to a reliable company with a nonexistent PR team…eh i’ll take the latter.
and idk Hoop. I’m yungblood I got big imagines. I remember BTC at pennies. I don’t think imagining SHWZ at 50k is gonna take me places though. maybe just 50$ though
Welcome to the waiting game. This board’s consensus has been that the share price won’t be so low since the starbuds acquisition.
I am of the mindset that it has been and will continue to be somewhat undiscovered. I would love to see upward movement, the majority of my position is 2 years old or more but I am still happy to get cheap shares when I can.
I just wouldn’t hold your breath. I think its coiling tighter and tighter and it will snap when we aren’t expecting.
Or, this could be the last of the AW/JH selloff and we’ll see it rise when they are done. Idk where the hell the massive downward pressure has been consistently from if not those two.
I wish I had the funds to just keep loading up. I even hope I can switch jobs soon so I can roll over my IRA and throw some of that on there
Tbh anything under 3$ is probably a massive steal.
When my buddy first turned me onto MDCL he was saying anything under 1.60$ was incredible. In time this stock should run above 20$ easily so its all profit just different growth %.
I look at my position and wish I put more into it at any point and might still, its just really difficult to mentally justify putting so many eggs in one stock. But I know this company better than any other and with good reason believe my funds will do well here.
man u get petulant children everywhere on the interweebz. There is no safe haven under a network.
It’s just absolutely wild that we use to get news about acquisitions during MDCL in 2018-2019 and the stock would bump up every time.
Now with Dye actually closing all the deals it drops with every confirmed addition…
??
lol those raised by the internet like to say;
Don’t feed the trolls
lol for real. Are we all smoking crack and is shwz not going to be a major player that deserves a much higher SP? No, I don’t think so, but the public isn’t keyed into these earnings like people on this board are. It’ll take time for the ripples to make waves
and I’m aiming for like 30-50$ SP lol
sometimes it feels like the whole shwz float is owned by this board lol
i have so much anticipation for this ER lol. watching it drop this morning and trying to not lose my mind. trying to stay calm and think that even with a great earnings could still be months before this starts to seriously move
This has been bandied about a little bit I just want to dig into it a but more…
Am I correct in that, it’s less ideal for SHWZ to actually post net profits, because of the red tape/tax situation. It (the tax rate) being higher than it likely will be in the future, it’s better for them to use accounting tactics to shuffle the books around to use those “profits” for the purchase or upkeep of assets.
But they also need to put on a good show for the public, which means showing a positive bottom line over a negative one to increase their share price and ultimately use less shares/cash for acquisitions.
Are they opting for the latter route yall think? Eating the tax rate to post net gains.
its like there’s an invisible page that needs to be turned. there’s just not enough attention. sure all of us here will look at earnings and likely be excited about it, but that doesn’t just translate into public awareness/ share buying.
All the elements seem to be there it just needs to hit a boiling point
I picked up another 500 a couple days ago at 2.24. Really excited for the next two years. I only need another 62 to have a nice round even amount lol.
That they could be used for shorting or what have you doesn’t jump out to me as a huge con necessarily. I don’t like the concept of a MM using your order to manipulate the price. I’m mostly concerned about if the stock hits 50$ for one day, and I’m for whatever reason unconscious, is leaving a sell order so bad. The obvious caveat is if I sell at 50 I can retire before I’m forty, but if it bounces to like 150 I could buy a private island. Selling too early can kneecap your earnings but it’d be better than missing the bounce entirely.
what do you think shwz could bounce to? when such a thing happens, how fast do you have to move to sell if you want? is it unwise to leave open sell orders?
I’m so interested to see the the politics go. As soon as MJ is federally legal we’re also going to see the drug testing industry die. It exists mainly to persecute cannabis users.
I would expect big pharma to still fight/filibuster cannabis legalization tooth and nail because they can’t patent it. Also expect GOP to filibuster and fight it because they are simply evil and don’t care about progress. Dems hate themselves & can’t govern but I’ll take what I can get. I’d be very surprised if we get legalization this year. Or even this administration. Biden’s words are worth nothing.
SHWZ functions inversely. the one stock that’d be able to go negative is this one right here.
thank you future. thats super concise and im not smart lol. i knew most of that but couldn’t put it into a timeline with market reactions.
I do remember the trip from 4$ to 1.10. thought i was bloody ruined lol