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.
Johnny, GREAT info thanks man! Really good info. I would not worry about the negative regarding sports leagues etc. Those days are almost gone, those days of that 'refer madness' mentality. It would be no different than them testing a player ,or employee for alcohol. Just great info bro, thank you again.
Exactly FUN. I too will be looking to average down. I am at the point that when its a yard sale, like we have seen with the entire cannabis industry, it is like going to outlet stores to shop. Pick profitable, or close to profitable companies, or those with disruptive technologies, those who are top dogs in their sectors/niche, then hold long term and prosper.
Man....IIPR, CWBHF, CVSI, MEDIF, TCNNF, GTBIF, SRUTF, GNLN, OGI, VFF, VGWCF, NEPT, TLLTF, APHA, etc etc etc. Remember these days 3-5 years from now.
Again, we live in a time of immediate gratification. Add to that that we here are investing in a penny stock with the three amigos breathing over our shoulders; Day traders, Swing traders, and those who put all of their savings into one penny stock to get rich quick, and you get all the crap that these three bring to these boards. Rarely on these boards do you see investors Like FUNMAN who does extensive DD and then buys and holds. Damn glad to have him here!
Being secure with your dd and knowing your investments should have you sleeping like a baby at night.
Great college football on today. Watching LSU v Auburn, getting ready for Notre Dame-Michigan, Utah v Cal, Washington St v Oregon. Sitting outside enjoying a Belgium triple, in 83 degree weather here in AZ, watching college football. It does not get any better than this (unless I was out playing the links here)
GLTA
I really appreciate the information jefra1865. Great info. That was really in-depth. Thanks for taking the time to write that up.
I will start to experiment next week.
Thanks again man!
Which of those do you take for sleep, and the results you have seen? I
was hit on a FWY in N Ca. going about 15 mph coming up on heavy traffic, and was hit from behind at 65mph, before I moved to Az. I had a severe concussion that sidelined me for about 6 months. (this was a few years back and I have not slept thru the night since.)
Thank you in advance.
Good article. Thanks for sharing L_P!
I think for the most part this board is mellow. There do not seem to be anybody who I would think warrants an expulsion. Differences of opinion for sure but compared to most IHUB boards, this is one of the cleaner ones.
IF you are long, do not look day to day other than to check fundamentals or updated info. Great example for at least checking day to day in NOK today down over 24%! Its currently trading at $3.86! The backbone of 5G. Institutions could dump some more this week may hit below $3.50. They cancelled their dividends the next two quarters to help with software upgrades for 5G.
SRUTF NOK IIPR MEDIF etc...stocks like these you do your dd and you decide to buy or not. If you decide your dd is sufficient then you put away your stock and keep it long term. To be a day or swing trader is not my style and I cannot imagine SRUTF being a good trade either way other than long. Now that being said, if it runs 50% plus of course take some profits, always take profits and buy on dips or on the way up, after it has settled down and regained a support level, after a big run. ALWAYS TAKE PROFITS but agin,,,,,Just my opinion.
I am invested only in companies now, in the Cannabis sector, that are blue chip (IIPR) or have game changing technologies, (SRUTF) or are in a niche that is a must for companies to expand (Pick and Shovels like GNLN TLLTF or extractors like MEDIF, and pure CBD plays like CWBHF or CVSI) Of course there are also US MSO's like GTBIF or TCNNF that will be extremely valuable long term. The problem with penny stocks (NOK is now an official penny stock omg!) is you get day traders and those investors that are the quick and get rich mentalities, who play pennies to make millions, in their minds.....good luck with that. Then you get the bears who become emotional and negative, or the Bears who just relentlessly pump with emotion. Pennies have to be technology driven like a SRUTF or in a niche that is essential to the industry. (MEDIF/VGWCF/NEPT). The vaping scare which was so planned out, is about to be over and companies who rely on those products for revenue, will start to rise in pps imho. I strongly believe the companies who are not profitable, or close to being profitable, will cease to exist, or be bought out. I believe the large Cannabis companies today will not be those of tomorrow. Big Pharma, Tobacco, Beverage etc will come in and buy them. The Cannabis market I believe is about to go thru some serious restructuring. Stay tuned.
GLTA
Because the process how it’s processed. Regular olive oil is stripped of important nutrients and antioxidants and extra virgin olive oil has abundance of antioxidants and healthy fats. We thought using a lot of extra virgin olive oil with all organic food could only help. If you research Rick Simpson oil you will find more info.
RIck Simpson Oil is for treating tumors. The Oral Cancer was so bad, we had it cut out (the tumor) but it came with vengeance (we started seeing signs the very next day) So for Oral Cancer I have no idea but for tumors in general we have witnessed damn near a miracle with our dog and our friend Lori.
Not all tumors are created equal. The tumor, for lack of a better word, (oral cancer) was a beast. Looking back had we continued the Rick Simpson Oil after her remission could we have prevented the Oral Cancer? No idea. We stopped giving her Rick Simpson Oil about a month after she was in remission.
She died a year later from oral cancer which no known cure but her last year she was back to normal. I credit the Rick Simpson Oil 100% along with organic food.
I can tell you our two dogs (Papillon and Westie) are 12 years old and they are like puppies! We live in a Golf resort in Az and there are 12 dog parks within this resort. We see the same breed dogs all the time and are constantly asked how our dogs have more energy vs dogs 1/2 their age? VETCBD which you only get in Ca. I bought a years worth before we moved here last year and just had another years worth brought down to me from a buddy two weeks ago. My dogs are more relaxed, have far more energy than dogs 1/2 their age and then some.
About 6 years ago our lab had stage 4 breast cancer. Her tumor was the size of a large potato. I had been researching CBD and TCH combo for treating tumors in humans and dogs. We found 'Rick Simpson Oil' which is high THC (75-90%) and high CBD. If you get the chance do yourselves a favor and check out Rick Simpson Oil. We started treating her immediately, (rubbing oil directly on her tumor which had broken open and orally on her gingiva) two weeks before she went into a full blown coma, with a 105 temp. Rushed her to our vet to get antibiotics to get the fever down. Our vet thought we were crazy and begged us to put her down. Brought her home, fed her via turkey baster, organic food with a lot of organic olive oil. Her fever went down but she remained comatose for a couple days. Eventually we took her outside to lay in the sun and little by little she moved off her bed and within two weeks was running around chasing squirrels, balls, etc. Honest God. She eventually went into complete remission, the tumor down from the size of a potato to a marble. At this same time our good friend Lori was diagnosed with stage 3 ovarian cancer and given a max 18 months to live because her tumors were to big to remove at UC Davis med center in Sacramento. We showed her videos of our labs recovery, before and after, and talked her into taking the Rick Simpson Oil. (it wipes you out to say the least) Anyway long story short; when she went back for a check up 6 weeks later they asked Lori what she had been taking because her tumors had shrunk and they were able to remove them. (She never told them what she had taken scared to because she was basically a refer madness type mentality and was scared she would get in trouble). She has been in remission for over 5 years! So does CBD work for dogs, calming effects, overall health and wellness including better digestion, better for their joints etc? Hell yes! Our dogs are as healthy and as lively as they were at 3-4 years old. Does high TCH/CBD combo work to kill tumors? YES and its amazing! We have seen it first hand work on dogs and humans. Do yourselves all a favor and if you have family or friends with cancerous tumors of any kind, research Rick Simpson Oil! Sorry for the long post
Fangser thank you. Its really nice to have you on board. I just lurk here but own CVSI. It is so healthy to have different points of view on this board, very healthy. I know what I have invested here. I did my dd and I am absolutley secure with my holdings. I am long term and will add on dips or better yet, as we start to climb, with higher highs, lower lows, and higher volume, I will add on the way up.
Ap17 is PGE turning off your power again tomorrow? All my buddies in Sac area are just up in arms about PGE and rightly so. I do not miss that part of living in paradise.GLTA
Absolutely right! OTC boards for most part are played by investors trying to get rich quick on cheap pennies. Cannabis stocks like an EVIO, ALEAF, FFLWF, are in a different category but you still get the tools on these boards who have no idea how to invest. They are of the 'get rich quick' school of investing and way more time that not, they lose money. OTC stocks are HIGHLY manipulative just by their nature then you get these rookie investors who somehow hear of an EVIO or whoever from a penny board and then you get the pumpers and shorters. Its the nature of the beast. Believe it or not its nowhere near as bad with cannabis stocks that have real technologies or a real niche, vs those that are a .02 cent cannabis stock selling their bullshit hype. So consider yourselves lucky in that regard. Intersting article I just read that these underfunded, poorly run, cannabis companies, especially in Canada will be belly up by years end of in 2020.
You know you have a decent board when savvy investors, successful businessmen, like thehumanchessmachine, are on the board. I guarantee you that you will not fine him on some weak ass penny stock. This board for the most part has smart people who have different points of view. It gets emotional at times but everyone from Alex to notablecalls to Stevenrisk, beck128, fivespeedchatter (impressed with his knowledge) to Carter and Gangsta and sagedono are all pretty smart guys. (sorry to leave anyone out who should be included here, I am on this board but check maybe once a week.
Its a good board you all just need to be more respectful of one another I would suggest. Usually on a penny board, non cannabis, you get complete tools, clowns. etc. This board seems to not have that many of those clowns. Have fun with EVIO and Go Niners!
Understood, and agree with you. I know it's impossible to time the market. I am just really careful with Cannabis stocks and the dd I have been doing has led me to TCNNF. Turns out my top two MSOs by far, are GTBIF and TCNNF. I own GTBIF and will pick up TCNNF hopefully by weeks end, at latest.
My biggest concerns before doing my dd, was three fold:
1. Can they duplicate the Florida model by opening up one state at a time, vs multiple states? There will be costs in doing so, obviously, which will be far greater than they have spent, in Florida. Can they do this without diluting stock? Can they stick to what has worked so far and not get away from that model?
2. Can the new acting COO (sales background) actually run day to day operations? Speaking from experience running a Biotech company, my COO was the backbone of our daily lives. My sales managers and salesmen were our heart and soul. It was a team effort but I certainly could not have used any of them (salesmen/women or sales managers) to run day to day operations. They were just different animals. Hell they could barely do paperwork and get their expenses in on time, lol.
I have not had the opportunity to have witnessed a 'salesman' take over and run day to day operations for a company. I am certainly not saying it cannot be done, I have just never witnessed it.
3. Once Recreational is legalized in Florida, will that create market large share loss in medical sales?
The competition with recreational will be fierce. The huge factor is first mover advantage so I see no worries there, but it was a concern of mine originally.
I really like TCNNF and how they bond with their customers. They have branded themselves in Florida, which is so impressive. Its absolute ,text book, but Is their brand strong enough to open up other markets? Absolutely, especially since their social media presence is the best in the industry, imho.
Like I posted earlier, having FUNMAN and 'TheHumanChessMachine' on board sold me, but I still had to sell myself, and I have finally done that. I cannot wait to own this stock. GLTA
My thoughts exactly! Looking for entry point to TCNNF. If they do exactly what they did in Florida, one state at a time, then they are golden. I also own GTBIF and those two are by far, imho, the safest bets out of all the MSOs, and the two with the biggest up side. Re Extractors, also agree 100%. MEDIF VGWCF are the two I own. Great minds think alike. :)
Thanks man. Stay in touch, don't be a stranger.
Thanks man. Stay in touch, don't be a stranger.
Thanks JC for the kind words.
I have had Moosehead, always liked it. It always tasted skunky, like good N Ca. sensimilla. lol. I live in the Western US, and have been drinking Belgium beers for years, If you have never experienced a Belgium triple; like Westmalle, or a Quad like Straffe Hendrix, or hell, even a Chimay Grand Reserve, you have not had the true beer experience. There are some great US craft Belgium style beer as well, like Golden Monkey (Triple) by Victory Brewing in Pennsylvania. I think now I might have to include Moosehead in our Cellar, where we also keep a beer refrigerator.
It's good to see this board semi alive. FUNMAN will help us here as well. Only problem with him is he's a Yankees Fan. Please do not hold that against him. :)
Looking forward for us to start the steady climb. The one thing the CEO has always liked is a slow, steady climb.
I think we are just starting the climb upward.
Have a great weekend. GTLA
You bet!
These guys (Angel Pub) do not get paid by companies to promote them. Out of all the past write ups, research/dd, MJ Manifesto has more on SRUTF then any other stock, I believe. Plus FUNMAN just joined us and this guy is an astute investor!
We need more volume, and we need to stay the course. We’re just beginning the ride.
If there’s any articles re SRUTF FUNMAN will find them. Guys amazing.
SRUTF will get big press next week in publications like MJ Manifesto and Crows nest from Angel Pub. These are the guys who first turned me on to SRUTF. I expect volume and SP to pick up all next week and to have higher lows.
My man! Glad to have you on board. I told you that this company is a gem. Long term hold for sure. Now if I can decide on CVSI vs CWBHF I can close out my week and enjoy the weekend.
The safest thing to do here now in the cannabis sector is buy your long term shares, just pick companies with patented or patent pending, technologies, and profitable companies with great management. SRUTF gives us 2-3 while we wait for profitability.
So happy to have picked back up IIPR today below $73.00. It is the only true 'blue chip' stock in cannabis sector IMHO. GLTA
Dude you post way too much here for it to be anything other than you are a penny shorter (all I see in your posts are negative shit so you are obviously a short with the pennys. The companies you short are Pennies at like .03 cents etc???) ) I do not play penny stocks I invest in technology, management, future growth, first mover advantage etc. A price point might deem a company a penny but in reality companies like SRUTF VGWCF MEDIF CVSI ITHUF MECL DTEA TGODF APHA etc are all below $5 but they are not true penny stocks, at least not the shit you short. You are from the get rich quick, no dd, negative poster school of yester year. Good luck with that.
SRUTF has far more sophisticated technologies vs any of the other Canadian players who want to get into beverage and edible infusion including HEXO OGI NBEV etc. Not even close bro. You have an agenda here no one else on this board that I am aware of, does. Truth. So man really, get a life bro and spend your days bettering your life. This BS you keep spewing about police pulling people over etc makes no sense and has NOTHING to do with SRUTF. Your posts all lack any type of well thought out facts or even opinions, that make little to no sense. You are not persuading anyone to sell bro in fact I want to buy more now after reading your last post. I would think you are a paid short but your posts lack any semblance of intelligent thought on SRUTF. EVEN MORE LONG now on SRUTF.
In this environment even the well run companies have gotten pummeled; VGWCF MEDIF GTBIF CWBHF VFF TCNNF IIPR CURLF etc etc. IIPR is up for the year but down from $136 to $77 in just a few months, Right now the safest, long term, for me are VGWCF MEDIF GTBIF CWBHF VFF. The best you can do is know your investments, keep long term shares, and take profits when you can. Easier said than done. I sleep like a baby owning VGWCF again.
Either I just became dumb as shit, and my dd was poor, or the market is being manipulated and then some. I think we all know the answer. Well, those who do not know me might very well think I am dumb as shit. lol
“Not that there’s anything wrong with that”. Lol loved that episode!
See you can be half way intelligent and funny. Bad news....your wrong about SRUTF. Technology wins bro, every time. Trust me on this. Do yourself a favor and take a position, or not. Do you have any idea how many companies will be at their door? No one I’m aware of, has the research, or the technology of SRUTF. Live and learn. Now, be nice and leave people here alone. No ones following you around on boards. Bro get a workout in, learn about investing, grab some manners and maybe you can learn from people on this board. I’m not holding my breath.
Heres an article from today:
Organigram Holdings’ (OGI) proprietary technology uses what’s called nano-emulsion, which helps deliver cannabis in a quicker, more uniform manor to the body. It can be turned into a tasteless powder that can be used in beverages.
BevCanna Enterprises (BEV) recently announced its own tasteless, odorless, water-soluble powder ingredient, Deeper Green, which can be used to help stabilize the delivery of cannabinoids in specific doses — a win for the precision dosing movement. The company is now planning to use the product in a number of ready-to-drink cannabis formulations.
I am expecting to hear some news shortly. My fear is no communication, while Cannabis 2.0 hits, and that will more than likely take a toll on the pps. Lets hope we get some news this week!
Finally a surprise! As we all know you cannot time the market. I have traded in and out of Valens but have not held a position since end of July. Bought back in yesterday, and LUCKILY I think I may have come close to hitting the bottom.
I think Deswag hit the nail on the head...take profits, keep long term shares! I also made that same mistake with CWEB except I took profits at $25 but not again at $23 on its second run. Totally broke my discipline, which I thought I learned back in the dot.com days. I also think you are spot on thinking investors now will be investing in profitable companies, or companies the street thinks are close to listing on the big boards. (IIPR CWBHF VGWCF MEDIF APHA etc) There are also some very undervalued companies right now. I think TGODF is a good example. I think if it announces financing this week, it will take off again, then we will start hearing about the NAzSDAQ listing, and it could pass $2 again, in short order.
As alwas, do your dd, know your investments, and like deswag wrote;...take profits, hold on to your long term holdings.
Very Long: CWBHF MEDIF GTBIF VGWCF.
I meant to say I doubt earnings will be negative. Sorry.
Could not agree more. Strong take. I own them both.
APHA earnings show that HEXO has more wrong with it than the overall market.
Yes, got a bump and really looking forward to earnings later today. So glad to have picked up shares at these ridiculously low prices. Worse case scenario I pick up more shares if earnings are to the streets liking, which I doubt will be the case. GLTA
No big deal. I just found it odd.
The post was basically just saying that OGI VGWCF HEXO all have either partnered up with someone, or have acquired resources, to infuse beverages and edibles, without the taste, or smell, of cannabis. The analysts also talked of being able to control the the users high better (no clinical terms like onset or offset were used, so I doubt they had a clue, in fact I know they do not have a clue.
There was no mention of a proprietary technology like Infuz20. There was no mention of a renowned researcher like a Dr Arub Sen, who comes from J&J, Biomet, GCC, background. So if you read about these companies smile man, it lets you know just how many companies need technology to compete.
There will be plenty of suitors for SRUTF.
I was also was reading today that infused tea is going to be huge in Canada. Check out DTEA, which is higher end tea than TeaVana, according to friends of mine from Canada. The only tea remotely close to DTEA is TeaVana, which was bought out by Starbucks. I could easily see a company like DTEA partnering up with SRUTF. That would be huge! They already have infused a beer into their tea. The next step now is cannabis tea, DBD/HEMP tea.
It's been rumored that DTEA has had 6 cannabis companies approach them regarding edibles and beverages. This could be extractors like MEDIF VGWCF NEPT, or growers like TGODF (organic) Fire and Flower (premium top shelf and ultra premium flower) ALEAF (premium flower) What is the common denominator that all these companies need? Bingo. So we have possibilities with all these companies working with SRUTF to make the circle complete. It just makes so much sense but what do I know.
I think when I first posted on this board I included an interview with Dr Sen and the CEO of SRUTF. If you want me to repost that (its great dd) let me know but I think you probably read it.
Like I said; Great minds! :)
Great minds think alike ????
I could not agree more, I just entered today. I usually do not like playing more than one company in a sector/niche. I choose what my dd tells me Is the top company in that sector. In Extracting sector it was clearly MEDIF and VGWCF, so I added Valens today. I am overweight CWBHF and GTBIF as well, and could not be happier. GLTA
Low volume I would not read too much into it. FYI, I posted a post a couple hours ago re our resident short, etc. For some reason it was deleted. Whoever is monitoring this board must be protecting this guy. Its a waste of time to post if you cannot be honest. I do not have the time for it. I have no idea who monitors this board but I can tell you this....they are protecting this short. I am not going to post much anymore on this board until they get a monitor who is not a puppet for this guy. It has to be that. Makes no difference I do not like posting much anyway.. Perhaps the monitor is a short? No idea but on no other boards do I have this BS go on. Last week another poster posted same thing. I am sure they will delete this too for calling them on it GLTA
Check your private message from me.
Jupiter alone is worth $2.00. They produce the most high end vapes along with PAX. I will buy more tomorrow and just wait. WHen this moves it will move fast. At .18 cents this one is such a no brainer. They actually have revenue.
Thanks man. Just hang in there. You did your dd. Relax and average down when you can, wait for the volume to pick up, and pps, take profits (make sure you ALWAYS take profits. Good rule is up 20% take some profits. This way you can make sure you are making $ and you can use that money to buy back on dips.
Nothing quite like this but the Cannabis market was WAY over priced, I mean way over priced! First, cannabis is a commodity so growers to me were out. Price rules. Shorters have always been around, but add to that mm manipulation, technology helping to drive prices down (look up Cramers take on manipulating stocks) So back in dot com era this same thing happened in 2001. In 2000 you had virtual companies being worth more entire countries. The dot com bubble burst. Lesson: look at a companies cash on hand first and foremost. How long can they last with present revenue. Look at EPS, P/E multiples etc. Look at management. Do not reinvent the wheel. Follow Buffets advice buy top companies in their given sectors with top management and cash. My top companies: Extractors (MEDIF) MSO's (GTBIF TCNNF CURLF) CBD/HEMP (CWBHF) Pick shovels (IIPR KSHB GRWG) I do not like growers because cannabis is a commodity. Niche growers like TGODF or FLWPF may make a difference but then management, or lack of transparency (TGODF) will kill a stock. Then you have companies like PYX and VFF who grow tobacco (PYX) and now have moved to HEMP, VFF tomatoes cucumbers and HEMP.
Then you have Beverage and Edibles. (DTEA NBEV PLPRF and I will include SRUTF too)
Next you have retail like DTEA which has cannabis companies lined up at their door, and they are like a starbucks but with high end TEA and no debt.
Last you have spec plays the most risk and most reward short term. SRUTF TLLTF EVIO. Of these management is key. EVIO has worst management, the most inept. SRUTF has the best management and they are a real player in the Beverage and edibles, and TLTTF is awaiting a real CEO, but have multiple misunderstood companies (no communication skills from CEO) that is real and they will explode . Of these SRUTF is the safest by far, Its just consistent but this would be only a spec play as of today for me. (fun money but will turn into long term going forward so put it away) TLTTF and SRUTF are both going to be great investments LONG TERM! So yes this is common man but now you also have technologies that sway the investors into thinking one way and the mms take advantage and rule this game. Really go check out Cramers piece on manipulating the market.
With SRUTF you just buy on dips, when it runs 100% sell and take some profits, try and play with house money, and add on dips. Once volume picks up and the pps picks up consistently you may even average up. My best advice is to do your research, be confident with your research, do NOT listen to whats said on the boards, and forget day to day. The worst thing you can do is have FEAR and run with the masses. I love days like this because its like going to a yard sale. Last, make sure your portfolio is diversified. I see people putting their live savings on one stock to get rich. Bad idea. Cash is always king. Keep cash on hand. Look at other sectors: Biotech (MDCO AMRN) Cloud software, gene therapy, cyber security, retail, banking, energy, etc etc. Do NOT just invest heavily in one stock or one sector. Sectors ALWAYS rotate out and in favor.
Look none of us have a clue about investing in the short term. We are all prisoners to manipulation with technologies and money we cannot even imagine. Strong management, strong revenues, sufficient cash on hand, etc.
With SRUTF its a spec play at this point with great technology and management. Get a starting position and add gradually. Do not be the farm. If fundamentals change you change. (see CTST)
None of us any idea we are all just puppets bro. But to be safe follow Buffets rule: top companies in their sectors. I hope this helped and did not bore you.
Over the long haul it will not matter much. You will do fine. I will be most likely averaging up because I am hoping it starts to pick up some steam. Are you picking up shares now? This company has so much potential. I got out after the JV announcement and it ran like one day. I knew then that it was way too early. If you can, cost average down as much as you can. It may run big, so take profits, if and when, it drops back down, buy back in, I do not think it will run and get away from you. I always try and take profits regardless. Whatever you do, DO NOT listen or take anything our buddy updown or whatever his handle is. Completely clueless. In fact I need to see what he is shorting and buy in, lol. This is a really solid company but cannabis stocks are getting crushed and I do not see it getting any better, anytime soon. I see this taking off eventually and like all other stocks it will retrace and find its trading range. Learn from your past and you will be golden man. True dat.
WIll do. I am tired waiting and looking at volume. SRUTF will happen in its own time frame. Time to jump in and join you guys!
Thanks Nosnibor. Tough day for TGODF. Man. The cannabis market is so manipulated. The slightest bad news, hell good news even, drops a stock pps. What happened today was ridiculous but played right into the hands of the shorts. Did you see the volume? Damn. I like TGODF but will look to re-enter at a later date. It is a solid company and love their niche.
I would love to see a company like DTEA utilize SRUTF technology.
The most sane thing we can all do is trust our research, know our investments, and cost average down in these times, and just sit tight. I have made the mistake of freaking, selling, buying back, not taking profits when I should etc. I just got away from being disciplined with my Cannabis holdings but caught myself. Reminds me of the dot.com days. That is why valuations are so key.I look at EPS and P/E multiples but got away from that for awhile. I do think Cannabis 2.0 will not be what everyone thinks short term. A lot of products not ready until late Q1 or later.
I actually sold my TGODF Monday, thinking my money would be better served with SRUTF, MEDIF, GTBIF, CWBHF etc....companies I have done my dd and feel absolutely confident with my investments with.
In the Cannabis sector I want to go all Warren Buffet and just pick stocks that are cash flush, or are at least best in their sector (extractors/beverage/retail/MSO's/CBD/pick and shovel etc.) I have no need to have multiple companies in each sector. I am really more technology driven, whether its Biotech, Cannabis, beverage, cloud software, cyber etc. That is what attracted me to SRUTF. I was trying to explain to numb nuts (we all know who that is) that SRUTF has held up remarkably well since I first started following in late Feb. Now fast forward to today and its a penny less than it was. Take the same time period and stocks like TLRY are down close 70%, or ACB down 45% during the same time frame. It's like talking to a kid. Do you think he was bullied as a kid? lol
SRUTF this time around I buy and hold. I may get some trading shares but this company is solid and a long term hold. I really like the CEO and love the technology. We need higher volume but I am going in tomorrow for my first buy in. I will sleep like a baby owning SRUTF and will add when appropriate.