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People are selling at the worst possible time they possible could sell. Yea, that makes sense.....and even after a gap down and volume increase. Hey, too each their own I guess right? I guess some people like to buy high and sell low. I haven't read that book yet.
It's crazy that people would jeopardize their savings because of fictional internet people instead of their own due diligence.
Lol, they have 40% of their market cap in cash. Yea, that sounds normal. Haha. You can lead a horse to water but...................
When did this board become Stockhouse? Is a mod going to clean this up?
This what is called an exhaustive gap. If you look at chart history of Namaste these exhaustive gaps at bell opening have signified the all time highs areas and the low areas. I bought all I could this morning. 61k shares now.
Why would you buy Namaste at 2.00 - 3.00 and not at .60. Some people will never learn. This is a time to buy. You buy when it is low. You sell when it is high. The gap down could be a signal of a bottom. I am a big buyer today. Already did three balance transfers this morning. Too each their own. I know what I own. Do you?
If it hits .62 I will be taking out balance transfers to buy A Lot. That would be the ultimate gift.
Welp, this big dip really shows who is with this company and who is not. Lol, so many jumping ship before it even starts. Too each their own.
Funny how it's the companies fault that most of these peeps bought too high. I don't see why anyone would want to go on their phone and have cannabis delivered to their door within a hour. Who would want that?
You of course need to be in a position where you earn more than you spend. You have to decide what is the most important for you. Me? Today I had a .90 bagel, with about .20 of cream cheese, .20 of homemade popcorn that I made and about a dollar worth of fruit. Topped that off with .39 a lb turkey that I cooked 4 days ago. All while driving my paid off car and living in my paid off home that i pay 800 a year in taxes for. I am going for millions here. I sacrifice EVERYTHING. Even my shampoo lasts a year. How dedicated are you?
Pot's not going anywhere even though the media demonizes it every other day. This is just the beginning. My God, how big the rally will be when the USA announces that it will decriminalize cannabis. I' not missing that boat. The funny part is so many will jump on the USA legalizing train way too late and then complain for a year why everything is down when they just legalized it. That will be a massive dump.
A 52 week low is a pretty good indicator that the price is low =) The daily RSI being around 30 is another. The S&P and Dow losing all gains for the year is another. Canopy and Aurora are now back at the same low levels before the last runup is another. USA will legalize weed soon is another. These are just five indicators out of a bunch more
You don't have to think of investing as all or nothing. For instance if you buy say 10k shares at 2.00. It sucks right now and you think you lost a ton of money. Just leave that alone and start a new investment at these low prices that has nothing to do with the original investment. If you play your cards right you can make more with the much smaller second investment than the original one when all is said and done.
You buy when it is low. You sell when it is high......and stop listening to the media. Will only drive you to madness.
It's called a paycheck. Mine comes in the form of rental monies. It's not about being rich. It's about utilizing one's monies. I spend nothing and own nothing but the bare essentials. I fix everything I own. Why I am retired at 46. I live in a house that I bought for 26,000.00 and drive a 17 year old car that was paid off 14 years ago. I could work minimum wage and still buy a couple hundred shares a week.
Even if it is a 1.35 a year from now(I believe it will be higher) why is 50% such bad money in one year's time on money spent today? I don't get why so many don't use opportunities like now to makeup for bad decisions made at an. They rather buy at 2 -3 dollars and cry all year instead of averaging down hard to a buck. Now if one says I don't have the money to invest now, then they didnt have the money to begin with when they first invested.
"how much will a share be worth usa ...as of Dec 18 2019?"
Answer: More than it is now =)
And..........to add on to my point. Have 90% of you spent five minutes to look at a chart or a 52 week low? It's .82(USD). It's not uncommon at all to test a 52 week low. In fact it's very common, especially during an accumulation and growth phase. Many will look back to this time period and try not to jump off the Brooklyn Bridge. Not this guy. I know what I own.
I hear a lot of inexperienced nervous newbies being worried and then I hear a couple of novice investors who know the game. This last drop really is separating the men from the boys. By the looks of it this past month or two the boys outnumber the men.
All this talk of "need to do this" is ridiculous. Where is your 200 - 300 million dollar company? I'd like to look it up and then tell you what you need to do. You buy when it is low and you sell when it is high. Atm it is low so you buy. It truly is as simple as that. Do as you please but i am a buyer the whole way down. I know what I own. Do you?
It's just the big scare before the huge run-up............and it's working. So many people panic sold. Not me, over 52k shares now and accumulating. Like buying Budweiser in their first year of business.
If any of you looked at a basic chart, you would see the lows for the past 52 weeks were .82 and .88. Not too hard to know where the cheap shares were or where the potential bottom was. If it goes lower, average down. Stock market 101 stuff here. There is no Act of God going on here, nor anything unusual whatsoever. Just normal stock market trends.
Fully operational for AgraFlora is 250 mil grams from what they are saying. We have privy to 10% of that(25 mil grams). You wonder if Health Canada will start expediting licenses faster due to the demand. I wouldn't be surprised if you saw their products within a year. It's a gift we are able to accumulate more. Easy pickings.
You're not in business if you haven't been sued yet. Heck, I am threatened to be sued every year and got sued about 4 years back that cost me 500 bucks for my lawyer to have dismissed. Being sued is all a part of business.
That would be island money you are talking about then. I'm all for that =)
Potter you should see the NYC commercials on daytime television. Did you happen to walk past 9/11 and now 20 years later you have cancer of the ass? Call 1- 800......... Last one I saw I was expecting Dave Chappelle to pop out.
"If you are hopping for 2 or 3 dollar's. Then that should not be that far off. I have much bigger hopes then that. I see this company as having a billion dollar potential."
Three dollars is 1 billion dollars fyi.
It's disconcerting that after one year that is all the progress that has been made.
Took me the last 6 years to break even with my rental properties since I went full time with all the debt I accrued to get them all up and running beautifully. Now they make me a boatload of money monthly while paying them down comfortably. I would invest in me. Takes time.
We will be selling oils, edibles and CBD drinks in 2019. I would be on it. Health Canada changes their minds monthly on what's legal and what's not and they seem to be loosening the reigns a bit.
2015 sales - 217k
2016 sales - 3.5 mil
2017 sales - 11.0 mil
2018 sales - 20+ mil
2019 sales - One would have to say minimum 40 mil based on history and sales license.
40 mil sales x's a modest online retail 20 x's multiplier is 800 mil divided by 300 mil shares is around 2.67 Canadian, which in turn would be a 2.01(USD) share price. This doesn't even factor in sector wide hysteria run-ups which are good for another 100% for a couple of days. So at .90 right now I am minimum looking at 120% or more gains in the near future. If one were to invest 40k and have 100% gains every year, he would have almost 1.3 million in only 6 years. Don't underestimate how much is possible to make here.
I love to hear all the nervousness. I just keep buying. Will this stock be more than .90 in 2019? Sure will be. Easy decision to buy more.
Sooooo, how about that tiny little deal we made today that will provide us with a potential 100 - 200 mil revenue stream every year starting late next year? They keep making these ridiculously good sounding deals. Can they pull it off? Should be interesting. A hand in a lot of cookie jars.
Can a mod please erase the political babble from the message board. Makes up look like schmucks.
We are so important we got mentioned twice =) https://www.prnewswire.com/news-releases/legal-cannabis-market-worldwide-set-to-explode-as-does-consumer-demand-802935919.html
We just signed a 100 million dollar a year every year and you guys are talking politics. This is one amazing deal. At 8 dollars a gram we could potentially sell 200 million a year just off of this one deal. This is what I have been waiting for. A deal with a massive producer. Bravo Sean. I was starting to doubt you.
20% of their market cap in cash.
I have been saying since Summer, a run-up around legalization and another at end of year. Tricky tricky how they made the run in September instead of October. I admire that trickery and sneakiness. Who knows. I didn't factor in party backlash/massive shorting by Left/fake lawsuits/recession talks/inverted bond camel unfiltered pattern and trade wars all in 2.5 months. Nutty time to be an investor. If anything I will probably not be selling any shares until the RSI is 90+ along with a bunch of other studies. At 1.70(USD) I will begin watching every trade made indefinitely. Volume will be a very pivotal factor in all of this.
I love the HEAL brand idea of healthy cannabis infused foods. I think it is a brilliant idea. I'm just not keen on the brick and mortar cafe part of it. Only time will tell.
You just asked me to so I responded. I told you I was swing trading this stock now, not long on the stock at this juncture anymore. I have over 51k shares in Namaste now at the present moment. I have a lot of skin in the game my friend and want what most want(for it to go up).
Thinking about this for a while now I have come to a new conclusion. I believe that Eight Capital is behind all of this. I think Eight Capital in fact is the one shorting it. Would make sense. Eight Capital gives out the loan at high prices. Shorts the stock to oblivion making money the whole way down, buys more at the bottom to leverage their position, then rides it back up. Rinse/repeat. Thoughts?