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Any association with Steep Hill is a huge positive. I knew about Steep Hill, and did extensive dd on them before I started investing in the cannabis sector. It was because of them that I found EVIO (I do not know if thats a curse lol) as they were the only public company in the testing space. The downside is you have, at the helm, the most incompetent CEO, in not just the Cannabis sector, but from any sector, in any investing era, since I have been investing. BY FAR. Today a colleague of mine text me laughing saying he went on the EVIO board to see if I posted there and told me (and he swore this was true) that someone on this board actually said they did not think WW was irrational. He was laughing so hard (he knows about WW because I tried to get him involved in EVIO back in Feb and he was the one who told me to stay far far away because of how inept their management team was. This guy does dd that the rest of us did not know existed. He was my former COO and one of my best buddies. He has never invested in a penny stock and has had amazing success in Biotech, 5G and Cannabis sectors. His response to that post was WW was either extremely irrational, just by his nature, or is extremely mentally challenged, or both. He said he about spit out his coffee all over his mac when he read that, and told me that is why he never posts, or invests, in penny stocks.
Look, at these prices, with Steep Hill as a 'partner', I may even get back in. There is nowhere but up from here. Before this announcement I thought there was no where up but down. I have always had an extremely short rope with EVIO. I bought back in at .27 and when it closed at .25 I was out. I put that money to work in Biotech stock, and seriously just today, made back the money I lost immediately.
Anyway to me this is great news for all of you. I think it makes total sense. The alarming part is WW lying about the opening up of Mass. My buddy did say the WW is ripe for all kinds of legal action and he was dead serious so you may have that to content with but every company it seems gets sued and those take years to finalize.
My advice is to be careful here. I certainly would not go hog ass wild and throw more cash at EVIO unless you are so behind the 8 ball its your only choice. I have never understood how anyone could put a lot of cash into a penny stock unless it was biotech with science behind it, the FDA approval close, or phase 2-3 clinical trials, and exceptional management.
I think you should all be excited today because this really was the only way out and its with a solid, 800 lb gorilla in the space. Be aware that with tax selling the cannabis sector is going to get slammed again the next 6-8 weeks imho, BE careful,. Good luck to you guys.
High volume, stock is up, (barely, but up) so that is the good news.
For me this is a spec play until management gets replaced and they have revenue and cash on hand.
What I do not understand is how anyone in their right investing minds, does not take profits when this runs, and goes back in when the pps hits new lows, and then higher lows, on big volume.
This is still a spec stock. You all know the problems with the company. To just keep adding shares on dips, and not taking profits, is complete suicide. I am not accusing anyone of doing this per se, but I know some of you are. To each their own. My reasoning for jumping back in (not a lot of shares but enough to make some money, or lose a little, I have a very tight rope on this one) is really for FOMO. What if Mass does open? What if EVIO gets caught up on late filings? What if it gets off the pinks? I was willing to take that chance because I did not ride this down like many of you. I have been in and out several times, always attempting to take profits. Of course I have lost on some of those buys too but overall I am up some. Anyway keeping the lows higher, on big volume is a very good sign. Something might be up. Angel Pub does not keep promoting a stock if something were not up. This is not a long term hold for me, but certainly could be if things change.
This is too good a niche to screw up, I do not think if you tried, you could not grow, in this niche, in this sector. Then I realize just how bad and completely inept management is, and I put those thoughts to rest. Having been at the helm of some Biotech companies, I try not to criticize other management in other sectors. I have found that no one outside of the insiders of a company, know what goes on day to day, behind the scenes. However, this one management team is so bad that if you told other investors, or true experienced businessmen, what we do know, there is not one person who would do anything but gasp in horror. Truth. So therefore this is nothing more to me than a spec play, very short term, with very short rope. Until shit changes I will continue this sentiment.
On the reverse, if things do change, I hope to be right there to add to my shares, or to get back in if I am out. I think he bottom for now, has been found at .25 (Closing) If it breaks .25 next stop is .21 and if that breaks, well.........
On the other hand, If EVIO can continue to have higher lows at closing, on big volume, we could see an easy double from here, if not a triple. If Mass opens, or other pertinent news happens, this could easily be a 5 bagger over time. (with the added dilution this may be stretching it)
I am not holding my breath but I am holding up hope for a good spec play here.
I tend to agree with TCHM on EVIO, he is so burnt out, and knows info we are not privy too. I do agree with him 100% long term, with EVIO at this point in time. Take what this man says and do not discount it. He does know his stuff when it comes to investing in cannabis. His DD is second to none. He will be the first to admit he was wrong, if EVIO is able to pull a rabbit out of a hat. Not likely.
This breaks .25 downward, I will be out faster than THCM places an implant. (A little dental humor for my boy)
December might bring the cannabis sector some gifts as the sector will be prisoner to tax sells imho. I can easily see the cannabis bottom happening in Dec and early Jan before it climbs out.
Of my watch list of 50 cannabis stocks, all but 4 are down today after two days of running. (EVIO is one of those that is up today) You think Dec tax sell off won't be brutal on this sector? Think again. There will be many gifts to buy in Jan!
Out of all my dd these 7 horses should be on your watch lists:
IIPR
CWBHF
GTBIF
TCNNF
MEDIF
CWBH
CURLF
Best spec play: TLLTF
and...when the vaping scare goes away: GNLN
Your are welcome.
Oh I have no idea. I think if History repeats itself, cannabis stocks could very well dip some in December as a sector. GTBIF I think would wither that storm well but I also think we may be able to pick it up on sale because GTBIF will still be a victim of the sector sentiment. I think we hopefully have seen the bottom that I think occurred in early November. No matter, I am waiting to see what the first few weeks of December bring. It may cost me a bit more to get in then, but I think well worth the risk.
IIPR is a great entrance point now. Anything under $80 is a steal! I do not think the cannabis stocks have seen the bottom. DEC should bring us all some great buying gifts!
Own them both! lol
About mid December we should be able to pick them both up at even more reduced pricing. Only the strong will survive. At this point in time, profitability, great management, and a growing niche. is the secret sauce
I can think of MAYBE a handful: GTBIF MEDIF TCNNF IIPR VGWCF CWBHF VFF TLTTF. I guess I could add CURLF but it would not be tops on my list. As far as the CandIan growers I would not touch them with your money FUN. lol. Well maybe APHA. Realistically at the prices, even those growers will honestly be good investments, long term. The strong will survive and the meek will not inherit, they will go out of business or be bought out for pennies on the dollar. I have ALWAYS thought GTBIF was the best MSO, along with TCNNF. My feelings are even stronger now. GLTA
I better add CURLF to that list or THCM will have my ass. lol.
Carter you have always been respectable and you know cannabis stocks. You are passionate about EVIO. You seem like a very nice person. Keep an eye on TILT I have no feel if it will run hard (when it runs it screams) or if you will get a chance to get in somewhere around .35. Keep an eye on her. The others I mentioned will be subject to the Tax selling I am afraid. Great buys to be had mid December, if history is any indication and we all know history repeats itself. EVIO TILT seem to be more immune to tax selling I would imagine, or is that just my wishful thinking?
They are the real deal and profitable. They have some highest revenue of all the Canadian cannabis companies too. the only real long term holds in cannabis sector to me are; TCNNF GTBIF VFF MEDIF VGWCF IIPR CWBHF TLLTF. I will add EVIO to that list hopefully one day. I think that day may be closer then I expect therefore the FOMO and my re-entry. AH price down to .25. Let’s see what tomorrow brings.
It would not surprise me to see the sector down huge again with profit taking tomorrow, then the Dec tax selling begins. I kinda a feel its a small blessing we are not going up like a TGODF or ACB today because most likely they are the ones who will drop the furthest in Dec. Canada has become the new California as far as stupidity on how to screw up the sector. They are lacking with dispensaries, making licenses too hard to get and too time consuming, the same as Ca. Ca happened to add the taxes to all cannabis sales which in turn gave the black market even more success in Cali.
Companies like MEDIF VGWCF TCNNF GTBIF IIPR CWBHF will hold up well during December tax selling season. These companies are long term holds and simply add on drops like its a Christmas gift.
I hope you are right but do not be surprised if Dec brings the cannabis sector down more.
Good news is GTBIF TCNNF MEDIF IIPR VGWCF are five companies who should hold their own in Dec. I was talking more about the entire cannabis sector in Dec.
Govt is beyond slow to move. My fear is this news will pass, the shorts, and tax sellers, will be out in force in December. My guess is we will have bargain basement prices at end of December. Cash is King. GTBIF and TCNNF will be my two long MSOs.
I did not take your post as negative. I have no idea where to look but will put out some feelers. Let me go back and get some more dd from Angel group. It may show up there.
I am simply sharing an article with the board, from a reputable investing firm. Angel Pub has a lot of followers and they can, and do, make a difference with this stock. They have actually said they think EVIO could be their all time best investment, long term. This particular division of Angel investment group does NOT normally invest in pennies at all. They have very few pennies, I think EVIO may be the only one, most of their holdings are companies like PANW, ZUO, TWLO, BOA, IIPR, INCY, QCOM etc to name a few. This article, their monthly updates on holdings, was what I posted re EVIO. I believe they have communication with Lori at EVIO from what I gather. To me thats meaningless but who knows. I am not a big Penny investor other than spec plays which I always swing trade and take profits. I am more into Biotech and science based stocks and technology based stocks (AI 5G IOT EV)
I will close by saying I do not plan to post here much. The moderators on the EVIO board here are always quick to remove my posts if I dare post anything remotely negative, in their eyes, re EVIO. I am mostly on the StockWits boards (NASDAQ NYSE stocks only) and sometimes stock-house. Out of all the boards I visit EVIO IHUB is by far the worst moderated. I have several colleagues I have invited to check out EVIO, and the board here, and not one will post here because they know if they give their dd and its remotely negative, they will get deleted. Until that perception changes, the board here will never be as strong as it could be.
I am sure this post will be deleted.
GLTA
Nov issue of Angel Pub (a lot of followers buy EVIO) This was sent out yesterday:
EVIO, Inc. (OTC: EVIO)
What It Does: EVIO provides analytical testing and advisory services to the cannabis industry in the U.S.
Wealth Advisory Earnings Grade: N/A
• Still completing audited 2019 quarterly reports.
Headlines:
• EVIO continues to release financial statements as audits are completed.
TWA Bottom Line: EVIO has been hanging out around the bottom of its range the past few months. But I’ve got a feeling that’s all about to change. The company is nearly up to date with its financial reports. We got numbers for the second quarter right after the last issue was released. Revenues were up a solid 13% and loss per share came in right about where we’d expect at $0.16. More cost cutting and streamlining has been going on. And that was reflected in the third quarter numbers we got last week. Revenues were up about 9% Y/Y. But it’s the loss per share that’s really exciting. Thanks to cost cutting measures, management reduced loss per share by a whopping 126%. Last year, it was $0.19. This quarter, it was $0.05. I expect we’ll get Q4 numbers within the next month and then we’ll be completely up to date on SEC filings. That’ll open the shares up on any platforms with report-related holds. And that brings a lot more interested investors into the game.
EVIO, Inc. (OTC: EVIO) is still a “Buy” anywhere under $1. The 12-month target is $2.25.
At these prices the risk seems minimal vs the reward. We all know Management is inept so no discussion warranted. I see this being invested three ways:
1. Longs who have held this stock before 2019, have a ton of money invested, this is their home run. These investors lose their minds when bears come to the board to voice their opinions. A lot of 'pumpers' but there is a lot at stake here for these investors.
Thoughts: the niche is what will drive the stock. Can Mass open, can management be replaced? If yes to both, or even one of those two questions, this stock will run hard. The 'buy the rumor' will run this stock. If we sit here and no news from the company, no transparency, no update on Mass; this will dip back down to possibly .21 or lower in December (tax selling etc) If this stock gets some news I really do not see tax selling being a problem this will run based on rumors from day and swing traders and those longs who have put the majority of their investments here.
2. Swing traders who may have owned this before, long, saw issues with management, and now go in and out according to PPS.
Thoughts At .25-.27 this normally runs to .50-.58. if you look at past history from this year. At these prices it's very tempting to jump in without too much downside.
3. Those longs who have lost a lot of money based on no trust management. They feel they have been lied to and mislead.
Thoughts: These investors I imagine played this as a spec play vs owing an ACB CGC etc when they first invested. These were the investors that loved the niche and figured that no on could screw this play up, in this sector, in this niche. No one. Enter the most inept management team in the entire Cannabis sector wihtout a doubt. When the ineptness of management became more than apparent they bailed. Some were caught carrying the bag when the shit hit the fan in June. These ex longs have serious ill feelings about the company, management, and protecting others from their bad experiences.
They appear to be bashers, but in most cases, have absolute reasons (not motives) for sharing their concern and those (#1 above) take it personally because it's their money on the line and see these posters as evil.
We learn from each other people. Look at both sides and invest with an open mind, good, solid dd, and intuition. Intuition is rarely wrong (not investing from the heart) To blindly hold a stock long, in this market, is insane to me but to each their own. To sell in a panic because of the recent cannabis sell off and fear, can also be a mistake. Time will tell. What I can assure you in the cannabis space is to blindly hold any stock long without doing your DAILY DD and looking at the sector as a whole, are absolutely going to lose money short, and med term at best. You buy a stock at $3.00 and it goes down to .25 cents (I can name several companies) and you continue to blindly hold you get what you deserve. The same can be said about day or swing traders jumping out of a stock too soon. I have been guilty of both.
I am back in (I fit # 2 above) If management gets replaced, or Mass opens I simply add to my shares. If not, and we continue down this same avenue of late reporting, non transparency, etc.I am in at .27. I play this as a swing and no more, for now. I feel EVIO cannot really fall of a cliff more than where it presently sits. I have a very tight rope on this one but feel good about EVIO at these current prices. To me EVIO is a gamble even at these prices, but it keeps me from getting bored investing in a spec play. Time will tell.
You do not need a card in Ca. or Oregon, Washington, Colorado. Before it was recreational you needed a medical card. I actually liked it when it was medical only. (Less crowded) So if you want to get your medical card it really is not that difficult. I now live in Az and its same protocol as Ca. before recreational. You can say you have anxiety, cannabis helps you deal with stress, for example. Do you have any medical issues? (bad knees, kidney stone issues in past, anything you now take opioids for? (That is always a sure way to get your card) I wanted to grow my own, and I did have some issues from playing college sports, skiing, etc, with my knees and I had kidney stones in the past and had all paper work. I had been in an auto accident and I could have used that. I wanted to grow my own, to know where my cannabis came from, made sure it was organic, and I used it mostly for sleep or at night, I wanted some for daytime/nigh time etc I never smoke it during the day unless I have gotten my work out in, and all my work done. (Retired now but when I ran a medical/biotech company in Ca. I never ever smoked at work, or at lunch etc. It was, and still is purely a night time aide for sleep and to mellow me out like a glass of wine, at night, Now if my workout is done, and I have all my daytime stuff done (stocks etc) I may partake in the day. Anyway, I regress.
Trust me its very easy to get a medical card in your state, I guarantee you, Private message me if you need any more help.
IF you mean a personal Medical card to legally buy cannabis: Not difficult at all, lol.. You meet with a Dr. let him/her know why you need a medical card. It could be knee pain, kidney stones, stress, shit think of anything and its on the table basically (At least in Ca.) You cannot go in and say I just want to smoke flower for recreational purposes, that will not fly. I would have a medical excuse and some back up if you have it.
Thanks for sharing Dude. I feel secure in owning who I feel is the best of breed, in each sector of Cannabis. Pick and shovel for me is IIPR, Grower:: VFF, MSO:TCNNF, and extractor for me is clearly MEDIF. I certainly feel that Valens and GTBIF are right there in the mix. I have been really impressed with VFF and their Hemp grow too. The entire sector was crucified today. This was about as bad a day as I have had with my Cannabis stocks this year. MediPharm for me, checks all the boxes and then some.
I am with you. Numbers don't lie. Added more,, and will add more if it continues to drop.
Happy Veterans Day Carter!
It's on Monday I know, but hopefully you are celebrating Veterans Day, all weekend.
Again, thank you for your service Carter. Have a great weekend.
Make sure you thank a Veteran this weekend (we should always thank them!)
If not for our Veterans we may not be here able to trade stocks, much less living FREE.
Trading is one thing, giving thanks and respect, playing it forward, is another.
Thank you all Veterans!
You are on it today FUN! Nice read. Without a doubt, extractors are, and will be, the best cannabis investment for ROI, going forward. MEDIF is top dog. I cannot wait for next week! A lot of reporting the next 1-2 weeks including MEDIF VFF TCNFF, to name a few.
Absolutely
Me too, for the most part. I will be adding next week early, if possible. It would not surprise me to see some selling going into ER. That would be the last thing I would do but I will welcome it with open arms!
I knew I liked him for some reason! I have always liked his open mindedness, that is the first sign of a good investor. Seems like a very cool guy. If you say he is cool I take that to the bank bro.
I still find it hilarious some on this board give you shit, like they know you and you are just full of it. ROFLMAO. That is why I really try and stay off these Penny boards. I keep saying that I am done here, but you are here and it's nice to chat with you bro. BTW TCNNF is going to kill it next weeks ER. You are the man!!!!!!!
Side Note: Did the RGM from Schein meet with you yet? He is such a good buddy and such a good guy. If nothing else you need to hang out with he and his beautiful wife Leila. They live in Ft Lauderdale.
I was on the same lines of thinking until.....I researched their management team, based on my experience as a high end executive in Biotech. (President) I have a pretty good feel for management teams. Once I saw who was running EVIO, their backgrounds, etc. I got out.
I agree with why you got in, the difference is Management, and cash on hand, are my top two criteria, and EVIO flunked both.
I switched to a company TILT (TLTTF) same industry, Cannabis, but with actual revenue and cash on hand. It's strictly a long term hold but it's less expensive than EVIO, and is on another level. I always have to have a spec stock to play.
I always take profits, regardless of the company. If a company drops 20% or more I get out and if I believe in the company will buy back in once I think it has stabilized (3-5 days of higher lows, higher volume) What I try to never do Is catch a falling knife, or keep a stock because I am emotionally attached.
Look, EVIO may make a run again, and if it does I would damn certainly take my profits. To just keep averaging down on a stock can be rather dangerous, unless management is top notch, fundamentals do not change (if they change I am out for sure) and its not caught in a sector rotation.
For what it's worth.
I said I was done posting here but you have always been a level headed poster here and you and I got into EVIO for the exact same reasons. Good luck man.
WHoops I did not mean to put EVIO in the class of top dog stocks in a sector. I also am not trying to be negative on EVIO. They have not yet earned top dog in their sector for me, based on my criteria of:
Mangement
Sector
Cash on hand.
I certainly hope they can get there. Who is to say?
Ok, now I'm done.
Ya pennies are just risky man. I remember dd EVIO and seeing they were the only public company testing. Then I used my background and dd their management team. I knew then that this would be a swing trade at best for me, never a long term hold. Now if current management was relieved of their duties and they actually got credible executives in the CEO CFO COO space I would consider jumping back in at some point. I know that there are a ton of companies either getting ready to IPO and, or, staying private. It will only get more diluted as the months pass by. No one should EVER fall in love with a company. That is the kiss of death. For me there are three criteria I look at:
Management
Sector
Cash on hand.
I would mention other companies but remember someone here giving me crap for pumping stocks they thought I owned instead of actually considering what I was saying. Why? They most likely invested all, or a big percentage of their $, on one stock. You see they invest with emotion not dd. They do not consider all sides. My guess is most do not take profits, have kept EVIO for over a year, are upside down on it and therefore become emotional. These people rarely if ever, are successful investors. You can tell by the board. How many EVIO investors also own TOP DOG BEST OF CLASS cannabis stocks? Stocks like EVIO, TCNNF, MEDIF, VFF, OGI, CWBHF to name a few. (Do not blast me for trying to pump stocks those are the top dogs in extraction, MSO, pick shovel, growers, etc.) If you see that posters here are diversified then take what they say and do more dd. If you see they are only invested in one stock, or just pennies, less than a dollar, be careful.
The truth is THCM, I feel sorry for a lot on this board who bought in a year or more ago, got played, kept buying, and now they are even more in the hole. Of course they are not going to appreciate anything that reminds them of those circumstances. I always hope people make money on all their investments. I really do.
I have no agenda.
Ok, last post here. Good luck everyone, kick ass and do your damn DD!!!!!! :)
This is why I do not usually ever invest in pennies, or post on their stock boards if I can help it.
Note: I have much respect for Carter as I stated yesterday. A veteran who is making his life better. I do not include him with what I am talking about. Carter knows his cannabis stocks, as a lot here do.
I know my cannabis stocks and I grew my own Cannabis in N Calif. for years. But thats not the point.
The point is simply look at who is posting. The guy who was giving you shit THCM, posts on one board...EVIO. That is all telling. He will be more sensitive to posts that may contradict what he/she believes or wants to believe. DD usually is not their strong point. I posted a rebuttal that got taken down within seconds and it was not a negative post in any way. It was an honest post. Another reason I do not post on penny stock boards is often times the moderator is a poster and they only take out posts contrary to what they believe. IHUB is notorious for that. I much prefer stockwits but they do not accept companies that are not traded on the big boards. I have no idea who moderates this board.
I hope EVIO makes everyone here a ton of money. Great niche, great sector. Management will kill a company and that is why I NEVER will hold a company with even average management, much less horrid management
I would STRONGLY suggest you take each poster, including me, or whoever ,with a grain of salt and do your own dd. I would also more than STRONGLY suggest you at least CONSIDER what TCHM is posting. Its' always good to play devils advocate before you invest, or buy/sell stocks. GLTA
I will second that motion.
Here is a little tip: check out a poster and see what other boards they post to. Look at their posts there. If you find a person is only posting on one stock, and its a penny, spec play like an EVIO, beware. These are the people most likely invest all of their savings, or lack of, on one stock hoping to get rich. They most likely do not look at both sides (Bear vs Bull) and they get very offended if anyone should actually have an opinion contrary to what they believe. Trust me, this is the golden rule. Take THCM. He posts on several, best of class stocks in the cannabis sector. Best of class and he puts his money (a lot of it) where his mouth is. Oh, did I mention he is a very renowned Dental Surgeon? His play money most of us only dream of. His dd skills are beyond solid. So lets recap: very successful businessman, self made and does not need to work or invest, does incredible dd. Sure he may not agree with some on this board but he is actually trying to help the less savvy of us to make better decisions. Again do yourselves a favor...check out someones posting history. Is it just one stock? If so I would take their takes with less than a grain of salt. Are the companies they post about top dogs in each sector or are they all spec penny plays? This is a very solid way to do your dd on posters here. GLTA
Great find FUNNAN! Thank you.
I just found it odd that no one acknowledge your service???? That to me means more than anything. Good for you bro that you are taking that next step. Very proud of you. I am humbled that you served your country, that you are disabled and still kicking ass. That means more than the bullshit spewed on these boards. First and foremost you served and you are taking steps to better educate yourself and to become even more successful. I hope EVIIO works out for you. I hope all you guys just crush it here. I sincerely mean every word. Thank you again for all you have done for all of us. Mans game bro.
IIPR for one. I only want to invest in best of class, period. In each sector there is one top dog. In my dd I have found:
CBD/HEMP : CWBHF
Extractor: MEDIF
Pick Shovel: IIPR
MSO: TCNNF
Grower? Tough one. VFF/APHA/OGI. Undecided.
I trust my dd. I am in long term I do not day trade or swing trade but I will always take profits.
I owned CVSI too but sold as fundamentals changed.
As far as cannabis plays, those first four above, are my favorites.
I know from your investing savvy first hand, you know what you research. I think you made a good move being an early investor bro. I was not in EVIO way back when. I do not have the same hate or love for EVIO. I do not love any stock, I loved the niche of testing, and when I first entered EVIO I bought it around .48 I think in mid Feb and sold about mid march for around .72. I read no boards and took my profits. Since then I have been in and out instead of holding long, because of what I considered weak management. I won some lost some, but nothing to write home about. EVIO is a spec play at best. A good spec play, but a spec play and its a penny stock with weak, at best, management. To me that was a bad set up so I bailed. I remember one time trying to better the board by having them read other boards that were really respectful boards where people took everyones opinions without much emotion. What did I get? I had some clown blast me for saying I was pumping other stocks which I did NOT even own! Right then and there I knew I was on a true penny stock board. That was it for me. I sold my EVIO shares shortly after and never looked at this board again but maybe once until today. I had not checked EVIOs price and wanted was curious to see what the sentiment was. I gues I was bored. lol.
Trust me on this bro, a lot of these investors here are investing their life savings on EVIO and its real money they are losing (or winning) So shit gets stressful real quick. I now invest in only what I consider, best of class stocks in each sector. Spec plays are just that. I certainly would never put big money into a spec play unless I had up close and personal info. I will tell you one thing...I will NEVER invest in any company with bad management. Look at MMNFF for example. Bad management. CVSI has untrustworthy management. EVIO is right there. For me that is a no go. Great sector, great niche, bad management. I am not saying EVIO is a bad investment. It may well be a great investment long term. I have no idea.
I know you are just trying to help people not make the same mistake you made with EVIO. For that, they should be thankful. If they had any idea how successful you are bro they would take what you have to say and include that in their dd. All of you, or most of you, have been in EVIO for 1-2 years. I imagine that brings out quite the emotions in all of you.
Really? Well guess what....he is. Dude I am telling you straight up this man is successful. He is as high end a dentist as you will find. I think I would know! Your statement is without merit. I know this person, you do not. Now either I am a liar and a complete fraud, or I am telling the truth. Either way I do not care what you think, but I do understand your comments. I am just telling you facts. On this board shit has become personal. Do not let it bother you, he really is only stating his opinion from his experience. I get it....you are heavily invested and another poster is giving his negative opinion on a stock you own. For most, that becomes a bit personal. Do not let it be. If you have done your dd and you are content with EVIO then who cares what others say? No one on any board should ever sway you or make you think less of your dd. Its just two different opinions. Shit I see this in the NFL with fans, or fantasy football. It seems you are content with your ownership of EVIO so be happy and trust your dd. THCM is a really nice, sincere guy and ultra successful. Truth.
I know TheHumanChessMachine. This is no slacker, no dumper, or pumper, this is a VERY successful businessman and investor. I ran a biotech division for the largest dental company in the world. When I call a buddy who runs part of Florida for the largest dental company in the world, and he knows TheHumanChessMachine by name, and great reputation, you know THCM is not only successful, but the real deal. He invests in solid companies, very solid companies. I would put him up against anyone on almost any board and thats for real. He is also a very good guy. He is ultra successful and knows what he is talking about.
I think what happens with any stock, and your money, is that when you think you got taken for a ride it becomes personal for all of us. I would listen very carefully to what he has to say because not only does he have the money that most us will never have, he has the experience as a savvy investor.
At the end of the day what matters is family, friends, and health.
Take Carter for example....a retired military veteran, disabled. More than MUCH RESPECT to him.
I cannot believe that no one on this board thanked him for his service? Veterans day is Monday. Give thanks to those who have served!
That is the take away. Money, loss or gains, can bring out the best or the worst in us. I have no horse in the race here anymore. EVIO has made me money and I have lost money. Overall I am up after I sold but not by much. Do your DD and trust your gut, trust your research. I am not a day trader or swing trader. I take profits when I can, sell when fundamentals change, and hope my dd serves me well. In the end it was my dd that gets me to buy or sell a stock, its all on me. If someone has a different opInion I welcome that, it helps me become a better trader looking at all sides. I am not a big penny investor. I find people who mostly invest in Pennys, invest most of their savings for the home run. For some reason they feel pennies because they are lower priced will make them more money. They sink most of their money into 1-2 stocks and when the shit hits the fan it is damn stressful on everybody and all the smack talking starts. Understandable. GLTA
Thank you glad to be here. It took a lot of DD. Think of all the players who at one time or another, were on fire:
ITHUF HRVSF GTBIF CURLF MDCL ACRGF CRLBF ORHOF MMNFF TRTC etc etc. I have owned them all at one time or another but as fundamentals changed, I sold. I will say that I made great money with GTBIF CURLF ACRGF ITHUF (believe it or not) but one by one each had fundamental issues, or what I perceived to have fundamental issues. GTBIF is my clear second choice but the model by TCNNF was undeniable.
From my background as an executive in Biotech, TCNNF model was by far the most successful for my company, when we opened up new markets. It was practically flawless. Our mistake was always trying to be everything to everybody. Expenses soared and we were forced to go back to what worked. Its very hard to stick to a slower building model as greed always seems to get the best of me. Not this time.
Super glad to be on board this rocket ship.
After all my dd on MSO's, from GTBIF to ITHUF and everyone between, it has become more than clear that TCNNF is the best of class here, not even close. I love GTBIF but the model for TCNNF is a step beyond.
Add to that some of the savvy investors I know here who are invested in TCNNF; TheHumanChessMachine, FUNMAN, and its a no brainer. I am holding just top dogs in every sector now and nothing more. I have reduced my cannabis holdings to best of class ONLY! I have no desire to mix and match.
If Warren Buffet were investing in Cannabis I know damn well he would have TCNNF in his portfolio.
They check all the boxes for me.
Thank you for your service Carter.
This was Zacks estimate of earnings, obviously before earnings, FYI
Zacks Consensus Estimate
This company is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -66.7%.
Revenues are expected to be $18.87 million, up 38.8% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
I would highly doubt Ca. for several reasons.
First and foremost, Ca. has almost 80% of buyers (I believe) still buying from black market. Second, the state taxes 15% off the top for all cannabis sales, then tacks on its sales tax. This has absolutely killed dispensary sales. Third the size of the state, and the competition. I would think Ca makes the least sense, but who knows?
Imagine when they decide to enter the US market! There are only a few Cannabis companies that I consider blue chip, and MEDIF is on that short list!
PGE is a disaster. I always hated them. Our elec bill was $1200 month until we installed a whole house fan then it dropped down to about $800 in summer, $500-$800 winter, and we burned wood! I do not miss California in that respect. I miss the geography of the foothills, Tahoe, Bay area, and I miss getting the Niner games on TV every week!
My buddies in Placerville, Cameron Park, Folsom, El Dorado Hills, Sac, etc, their power is out again, and maybe up to 5 days!
Good idea getting the generator. We were always set with our Motor Home parked in RV parking on side of our house . When went out, we hit the generator in the RV, and we had full power, Dish TV, internet, and all the essentials, including hot water. Our RV saved our asses more than once.
Feel for you guys, glad to hear all is clear in Pinole.