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Even at a bad case scenario of a 5% patient conversion rate and only 500 dollars year per patient we are looking at 37,500,000 dollars in gross sales minimum down the road when everything is setup. We are looking at probably 24 mil gross sales this year. This news is amazing.
It makes the 100 million gross sale projection for 2020 realistic and in line. Will the share price keep dropping? I believe so. I believe we will be able to buy shares yet again in the .80's - .90's again, then some buyback starts stabilizing the price between 1.00 - 1.30 for the next 6 weeks. Then sales license comes, we get a bump up, then lose all the gains from sales license news, massive panic sets in again because novices are confused, we buy more and then the sector rally comes later this year which will make a lot of us a lot of money. My .02
The ASK has been stacked all day so far. More than usual. You could see at 9:31 what the deal would be today.
This guy has been trolling this stock for the past year. Nothing new here. Anyone else making an absolute killing selling on these 10-30% dips every month?
Anyone else tired of the VALX bot?
might see some 1.26, 1.27's around bell.
It's brilliant. Great post Potter.
Opening Bids 10 cents higher.
And focusing on the CBD sector which will be gargantuous.
One might also think that buying back all these shares probably should coincide with the license being granted. Leaves me very optimistic for a nice little bump incoming.
Lets do some simple Math. At the pace we're going, by the end of year we will be around 50k patients. With each patient spending 1k a year, which is a measly 83 dollars a month, we are looking at 50 mil in new gross sales. Add in the vaporizer sales and we're at 75 mil.
In 2020 when we are up to 200k patients we are looking at 200 mil based on 1k a year per patient. Figure the vaporizer sales and fodder will be around another 50 mil, making the total somewhere around 250 mil gross sales estimate.
Now lets take that 250 mil and multiply that by 10 to get a ballpark market cap for this company. Yup, that would be around 2.5 billion. Now allowing for extra shares to become outstanding, lets put outstanding shares at 300 million. That would put us right around 8 dollars a share within two years.
Stop being silly listening to trolls/fake news, do some simple math and accumulate. Even if my numbers are off by 50% we still are looking at a quadruple cash out within 2 years. I'll take that any day.
And whose fault is that? Oh yea, it's Namaste's fault because it's not doing what you want it to do. Yea, that about sums it up.
Why does this stock need to do anything? It is up 700+% in the past year, with highs around 2500%. yea, wow, what a stinker we have. Why does it need to do anything? Please, I would love to hear a reason why this company "needs" to do anything because you are not satisfied with the current and future profits.
You know we are sitting on a gold mine when the really smart trolls are starting to bleed out of the wood work.
We might be able to load up yet again at .90-1.00. I have been saying it for months how we keep getting gift after gift after gift every two weeks being able to buy cheap shares before lift off.
I really hope it will be 1-2 months before Namaste gets it's license. The panic selling and bashing will be hilarious while all of us "that know" keep accumulating..... salivating. You can already see the first wave of panic setting in. Hum, I love the fear, my wallet is ready.
Anyone else bringing up the fact that the Namaste team just had a meeting with fing IBM yesterday?
Wouldn't be surprised for license halt tomorrow.
Surprised no one has mentioned the Senate Hearing past two days. You can see the mad stacking on the Ask today being harder than usual to drive this sucka down. Will be picking up a couple hundred more today.
Still waiting for more .80-.90's. Could this be the final dip? License Friday? Royal Ascent wtf ever they do over in Canada before they take whole Summer off? Legalization announced for sure September 2018 this week or next?
Are you excited?
At least you speak the truth with a clear head instead of the other 90% of this board that cries and acts confused. Keep accumulating on these wonderful dips.
The license comes when it comes. We are receiving gift after gift after gift with these constant dips every two weeks. This is awesome and beyond easy to make money atm, whether accumulating, swing trading or averaging down. Aren't you excited? I know I am =)
This is what we have been waiting for. Legalization before EOY, license in hand any week and a SP of low dollar to boot. This is a blessing. Is anyone else excited?
Why all the panic? Canada is legalizing rec weed by eoy and we are getting our license any Friday now. Now is not the time to panic. Now is the time to sit back, relax and buy some cheapies if they come available and strap in for the ride till Christmas. Pretty predictable and simple stuf here.
Food for thought. Was looking back at the chart for day of the 2nd Senate Hearing. The bump up was right around 3:45 EST fyi. Surprised no chatter today being the day we all have been waiting for. Everyone too busy buying and mortgaging their homes?
Neil Young reference? Nice.....
Is that VFCM's evil twin since he is on vacation today?
Been saying this for weeks
I don't know. Last time they had a Senate Hearing some MJ stocks were kicked down. Might still see some under dollar cheapies next week. Either way this is what we have all been waiting for.
June has arrived..............Finally.....
Same here. Looks like we will get some dirt cheapies again before the Senate hearing.
I so hope we do not get our license this week. Imo will bring a great opportunity 7-10 days from now to buy more.
Nah, can't wait to add more if or when it drops again. No Fear.
None. Already factored into stock. Ride these fun waves with legalization imminent and then the year end rally. My .02
This is a total guess but wouldn't it be cool if they announced license on Friday the 8th? Bam 3rd senate hearing goes through, followed by license in the morning. One can only hope. Watch out for a weird run down before hearing.
I don't think this stock market thing is for you. You complain weekly/daily when even a blind squirrel would find a nut during these dips.
How hard is it to sell at 40% gains from the .90's to the 1.30's? Serves you right that it bounced back up today from when you sold. Stop whining and a read a book or two and stop watching this daily going nuts daily. You can't handle this at the present moment. You are not thinking clearly. There was a 40% bounce in the last week or two and you are complaining? Do you see the madness? Do you see what you will do different next time? Learn to be patient and stop watching all the time.
19:00 - 20:00
This is beautiful. Yet another chance is incoming to buy more. How awesome is this? This really sucks making 30% two times a month with no risk, haha. Really?
I am looking forward for the SP to go down even furthur again so I can see all the squirming and the sky is falling posts while I add more to my portfolio. So many of you live and die daily with this stock which shows your experience level. It's so amateurish and comical.
I'm loving it. I am thinking we will get one more chance before the June 7th hearing for more cheap shares.
Findify's machine learning technology has been proven to deliver up to 27% uplift in conversion rate, and up to 30% uplift in revenue per user.
At 25 million of gross sales, based on these stats we are looking at an increase of 8.3 million. In a year or two when we are at 50 mil gross sales a year looking at an increase of 16-17 mil per year minimum.
Plus to boot we only lost 2 mil in liquid assets. Seems to be an absolute no brainer when this stock will at least double by end of year. Also can we all stop acknowledging the two trolls in this group?