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Tech bubble is going on 16 years now and stocks that emerged from it are cornerstones to the market now.
$CGC is making waves in the market and this company is only 2 years old maybe. So are the other MJ stocks. Think about that for a second. They are holding more power in their infancy than large caps in their prime. Look at how $CGC moves the market it's only been trading on for a couple months now.
Great times ahead, this could be bigger than anyone can fathom presently.
MOASS coming.
short sighted naivety says to sell now for a loss when this doesn't have to move until 2018, and then boom 5x the price hits, and all the time spent was worth it if you put $10 000 down that is $50 000 enough salary for a year. time is money and money is time, I held $CGC for over a year before I saw any returns, bought in when Trudeau government was elected and they had the mini rally @ $3.21, for months the price stayed in $2.60ish, then one day it started to move, and when it moved it moved big, I mean huge.
Don't be dumb protect your position. Short term chart says bubble formed, this is the first of many bubbles to come, this is like tech bubble. (countless millionaires, countless...) Long term chart says consolidation taking place for next run up. Both point to upward trend but patience is due.
You either die a hero or you live long enough to see yourself become the villain.
$OGI.
MJ stocks got investors like:
http://www.economist.com/news/finance-economics/21678146-latest-chapter-companys-battle-show-it-was-victim-abusive
I smell abuse, no way this is less than 50% off the high it hit a couple days ago, I'm thinking short squeeze soon, volume is too low on these takedowns versus the little bit to send it back up, hopefully these shorts didn't get what they wanted and are left naked out in cold.
so many people are burned today, especially naked shorts, will learn a lesson they will never forget today. and on top of that the price is higher than they sold. greed and impatience is dumb, nothing has changed, government has only reiterated its commitment to developing successful framework with today's veteran affairs call.
"It's always better the buy a wonderful company at a fair price, than a fair company at a wonderful price."
Big 4 MJ charts are virtually identical right now which adds to the notion that only a few hands are really rocking the boat.
I don't ever plan to sell this company either, I think rapid expansion could deliver in 2019 because $100 million in revenue in 2018 could really kick this thing into higher gear than the others. I think the Health Canada is holding back the other companies to $OGI's advantage so as of right now, all their extra production space and bells and whistles are working against them and burning through cash each quarter. Even with rec I think the other companies will not be able to full utilize the amount of production space they have but every company is neck-in-neck with money they could use for expansion right now and Moncton has plenty of room to expand, hell even the government of new Brunswick supports $OGI through tax rebates. all of the MJ plays are awesome though but this one intends on staying revenue positive and I think that is huge to stay afloat in these changing dynamics, if you have lost money on any MJ play so far you are an idiot, hold your position and wait for catalysts, emerging industry like having a toddler who will one day be successful and give you a good life.
Cheers. To all.
okay well I think that's the last of major selling we will see for a while. next couple months should be consolidation at a higher price point until april 2017, once legislation is in play its game on $100 a share could be seen the roof will be blown off this thing. best advice, accumulate on low days like this and sell some of your position for profits, but always keep a position in CGC, they could switch on the other 90% of production space when they need to and turn this company into an easy billion revs per year in just a couple months.
"only when the tide goes out do you discover who's been swimming naked"
love the motivation to actually go to work tomorrow, yay!
super low volume take downs pale in comparison to what will happen after the task for reminds investors that we are on course for rec.
what an awesome price for Aphria, anything under $5, too bad my money is fighting for its life on other plays right now, with 1 million sq ft in grow campus I honestly see this as one of the best stocks to hold for rec.
of course they will, he's a maniac, both candidates were maniacs, congress seems reasonable...and living in 2016.
wow market is really unforgiving huh, less than a year and this company will be producing more product than CGC, and enough product for $25 mill a quarter...most likely will be revenue positive until then as well, they don't seem to worry about growing if it costs them revenue. literally a week before any real news as well. wow.
anyone trigger a stop loss today? this must be terrifying with no stop losses allowed.
price of oil on a roll. $CGRA $3 PPS by summer 2017.
Agreed, patience is warranted, strong warchest over $60 million after the bought deal, only $3.6 million in debt, some of these other companies are burning more than that each quarter, and racking up more debt, and the capacity upgrade allowing $100 million in sales a year 2018, also this quarter as far as I can see is going to be another positive revenue quarter so they really are taking full advantage of their position right now by raising funds, and staying ahead of the curve as far as sustainable growth goes slow and steady wins the race, especially when you consider some of these companies may not even be able to satisfy their debts in the future.
I read some articles written today, this morning saying $2.30 is support to look at, so I'm guessing this thing really has nothing to worry about, as well as American expansion is a huge possibility. Really interesting stuff.
http://www.whatsonthorold.com/2016/11/21/organigram-holdings-inc-otcmktsogrmf-continues-expand-production-capacity/
http://www.profitconfidential.com/stock/organigram-holdings-inc-ogi-stock-rally-hinges-on-this/
I find this super interesting:
http://www.profitconfidential.com/wp-content/uploads/2016/11/ogi.png
ehh, didn't really make a difference, guess people are not into Canadian mj stocks anymore, thinking 9 days away from a major catalyst and this will definitely be higher by april of next year.
that's what they said about $17 fact is anything can happen at this point nobody knows.
Nov 16, 2016: OrganiGram Provides Operational Update and Strong Financial Results
http://www.marketwired.com/press-release/organigram-provides-operational-update-and-strong-financial-results-tsx-venture-ogi-2176114.htm
http://huddle.today/new-brunswicks-organigram-preparing-light-recreational-market/
http://huddle.today/new-brunswicks-organigram-preparing-light-recreational-market/
aha I ended up redoing their box for them, totally deleted it and did a new one last night, check it out:
http://investorshub.advfn.com/OrganiGram-Holdings-Inc-TSXV-OGI-28825/
used this ibox for some tips too...
ya this is all I got any new info will be posted, lemme know but until then this should do, can't wait to hear from the task force, honestly just digging up the information to put this together I realize how much of an awesome position we are in, Organigram Holdings Inc Can't Be More Safe.
I'm thinking 6's are true resistance this is just support.
every other company recovered from Dundee financing, I think OGI will as well, I am now a board moderator so I will be doing this board, any suggestions, I'm happy to accommodate!
I do, I also think they have a huge warchest now, and are growing sustainably, not assuming they will need to upgrade capacity to survive rec...that's huge for me, because having a bunch of space you are not going to use still burns cash, I also like how they have used the space they don't need and leased it to another company, to me with whatever this company has it is making the most of and it will only be a little over a year before it is properly valuated at over $5 from now.
I'm not a mod so I can't change the board, I need atleast 4 posts first. I would love too though, for the most fiscally sound MJ play, sure why not.
damn fannie you so fine
$FNMA
whats up guys $SPLIF looking good
don't worry some investors got stupid rich being stubborn in the face of nay sayers, never forget what we have here and don't take the dream for granted, it wasn't easy but it sure will be worth it.
I'm tired of giving up massive gains because I didn't dare to hold through the turbulence, the more you learn the more you earn I guess, but $CGRA is full of billion dollar potential compared to its current market cap, and even billion dollar companies dilute, yet $CGRA is thinking even more progressive than billion dollar companies when it comes to taking care of its supporters and investors.
just stock your fridge door with tweed edibles thc chocolate bars and brownies would be so bomb for people who aren't down to smoke, then there is the volcano vape for those who just want clean thc hits without toking anything else, they are all great ways to get high without sacrificing health...doesn't get much better than this, for investors, producers, or consumers, all win win.
ya that ibox is boss I was complaining to my other stock yesterday actually and they agreed their board sucks, should refer them to this board for tips lol, its like a science fair, ihub.
$CGRA literally only has 8 years max to make a shit ton of money off oil and retire the company in another direction after that. This company will be worth over a dollar and it will come as quick as flipping a switch and generating millions of dollars a month off oil.
then they can focus on how to continue making profit with the company such as upscaling the 2 000 000 sq ft. of industrial land they have into a gigantic MJ farm like copper state farms has done. They sure would have enough money and the west coast even Canada and international may have supply opportunities by then. tear down everything and use the billions in oil revenue to build a state of the art grow facility.
http://www.wmicentral.com/business/business_news/it-s-a-done-deal-copperstate-farms-closes-on-building/article_ab3cb79c-7ec6-11e6-a6b8-a3b203c61694.html
even if they pump $25 000 000 usd of oil per year it would take them a decade to pump out all of their proven reserves, not to mention they still have unproven reserves to pump out as well. that is like a little over 2 million dollars worth of oil per month, and they are getting there, around that area, just look at how many rigs they have, new drilling locations, and the BOPD estimates right now, (over 31 wells?! and I'm being conservative with estimates.)
this thing is on verge of breakout anytime they could start reporting millions per month in revenues as soon as those wells are online, which is probably right now, have you read the PRs they are booming to a high close off in 2016 and busting down 2017 doors too.
they are constantly acquiring new partnerships and business opportunities they even found more oil revenue opportunities this quarter I think Trump will help this company big time a lot of oil companies are already betting on him.
http://www.upi.com/Donald-Trump-will-save-us-Colorado-oil-and-gas-advocates-say/6211479466480/
http://english.alarabiya.net/en/business/energy/2016/11/18/Donald-Trump-could-save-the-oil-market.html
$CGRA stands to gain much more from oil and gas division than MJ in the short term, Trump has said he will make America energy independent meaning he will make oil and gas great again, he has also said he wants to reschedule MJ, nobody but Trump has a say in Trump's administration, understand that. $CGRA is reworking oil wells to be profitable no matter what happens to the price of oil, that is why the bonds got filled, because this is guaranteed return on investment and investors should treat it like that. During $CGRAs oil decade it will have enough revenue to really kick other revenue streams into high gear. It has enough space to put 9 leases on it's property and generate around $24 000 000 USD off of leases and buy WFCCs MJ license to generate another $72 000 000 USD per year assuming 30 000 sq ft of canopy 5 feet for each plant 3 pounds a plant and $1000 per pound.
If you are looking for more leasing properties check out New Age Farms. I don't think it's great but it's definitely an option for both Canada and USA (BC & Washington state).
Canadian ticker NF http://newagefarminc.com/
Bill Blair was also anti-marijuana, and now he's on the MJ Task Force, so anything can happen, the best thing that can help Canopy is if the US did legalize on federal level not the other way around, even just medicinally at first.
I also believe Trump has some pro-marijuana supporters on his roster, he doesn't have Snoop Dogg but I don't think policy is built on the developments of yesterday but rather the changing dynamics of tomorrow.
Peter Thiel is also on Trump's roster, founder of Paypal and arguably one of MJs largest investors since the beginning.
GM $CGRA Love this company, oil is up, MJ demand is up, future is looking bright here! Let the revenue generating begin! BTW SGBY is valued at $27 million (3x $CGRA value) and only made like $198 000 for the month of October, we are going to kill it soon! Last night I dreamt 4.6 cents was the new base, so I'm psyched!
someone needs to apply for moderator, and then change the board once they are approved, some of the mods here seem active on the board...do some work for the profits u are gaining! also put some current stickies down as well.