Empire Building 101
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.
Maybe I'm confused. I thought these were old notes changing hands to insiders. If they converted it would be less debt more shares. Not more money for acquisitions. Somebody needs to explain this to me.
Let's not count our chickens before they hatch. However, it sure would be nice. Love the optimism.
https://stocktwits.com/symbol/SHWZ
New filings with Insiders buying more preferred shares and lots of them. Either J.D n team are building it to sell or possibly taking private. Not sure the link is working. It was filed about 8 tonite. Sure hope it isn't going that direction but insider ownership is now off the charts
I'm certainly hoping it passes. We would more likely than not see an immediate push to $3.
Glad their is hope. We really need this for a variety of reasons.
So obvious something big is happening. Even Syevie Wonder can see that! Totally agree with board this position and salary amount more than confirms.
Excellent post IPS! For real investors today or tomorrow are meaningless. J.D. just sunk $2 Mil in open market purchases in the last couple of weeks. He has stated more than once as you have stated he doesn't need SAFE to pass to be successful. We now have 2 million reasons imo to be very bullish on our future.
My only hope is we continue being the aquirer and not the aquiree. Make no mistake J.D. is very aware of this.
Did the same thing yesterday almost all day with a little rebound end of day. One more day with Dye buying should totally keep the rally going
Closing in on 500k volume.. looking more n more like this has more legs to run further without any new laws.
These shares are locked up period. I really could care less who is selling. Rather who is buying. I consider J.D. smart money period and he is buying with the intention to make money. People sell for a variety of reasons including the ones who bought low and locking in their profits. As far as my thoughts with insiders "do as they do and not what they say" quoted by a very high profile investor. Follow the money.
While this is great I wish other insiders were on board. Don't get me wrong this is 8ncredible with close to 800k bought in the open market in a weeks time. FWIW, follow the money!
Now that could be why Dye and possibly another insider scooped up shares. Like Colorado even if NM does get saturated with dispensaries management is very savy and will do just fine. I love the headlines "NM recreational sales soar"
Now that is awesome. Let the games begin. A little news would be welcome at this point to
No idea but certainly something is going on behind the scenes. Dye did what he could to raise the pps. Who knows maybe just to get more eyes.
I still believe they are going for a larger acquisition with debt/equity. Obviously with a higher pps it would be less dilution. Of course imo
I do agree CRON would not be something Dye would pursue however with the right fit this little fish could swallow a whale. Unfortunately i do not see many opportunities with this happening and with the stringent parameters management has expressed multiple times..
I basically skimmed over that and totally missed it.
I do believe there is more to this buying than the collective thought as just a passive investment based on being undervalued in lieu ofpast performance primarily q3. Nor do I believe he bought with future performance expectations.
Dye is a smart man. He could have bought before the quiet period before earnings release much cheaper. Furthermore he could have spaced these buys after q3 selectively and bought much lower than he did. Unless their is possibly merger possibilities or a larger acquisition that was mentioned in which there is cash/stock deal whereas there becomes a 10 day average etc. on such shares.
Imo,in the near future we will hear something substantial that will validate my thoughts. My belief merger news or stock/ cash deal acquisition much larger than a 1 or 2 dispensary deal.
Where are you finding these rumors? I looked on cron m.b. and unable to find any .
Dye now has your shares tucked away with hopes of a much higher pps.
While I said I thought the move was co. focused which it was I would have never thought this was insider buying. That will bring more eyeballs. The guy posted an article published today reiterating $3 with a possibilty of $5 over the next year. The article was on stocktwits shwz message board
No worries as 415k traded yesterday. Word is getting out. Not to jinx us but alittle pull back and consolidating is my expectation
Same as yesterday. Excellent articles posted today but with this volume something must be co. specific that is not out yet
While this obviously has something to do with this article the volume is so much out of whack considering no other co had an increase of almost 500%. IMO, this very well could also be something co.specific. Also the fact the the new president. did most of the answering of questions was strange imo. Not at all trying to start any rumor but exactly what is the news to be revealed this q? Maybe not. Cbd oil but something else.
True. With that said and a strict handle on expenses things willimprove for us common shareholders. Definitely not for the faint of heart. Those with patience will do quite well. Now the tax selling...lol
I would tend to agree. However being a premier dispensary with foot traffic could be good. Probably would agree with you
Q4 will be a downer but still cash flow positive. They lowered the year end to $155-165 mil with cfo saying more than likely in the middle. With a $119mil for 9 months $155 mil at the low end that would come to $36mil which would really stink while $165mil would come in at $46 Mil. With cfo calling for more than likely at $41 mil. at $160mil
Love the honesty here. Remember this we are buying the management which is 2nd to none.
Any idea how the derivatives impacted q3? It was mentioned but no details. I was thinking maybe the 96k other income. Again thx overall it appears to be a decent cash flow positive q
Could you explain stacked I'd? Tia
Yes it should be good. I believe we will be entering another state soon.imo
Thx. IPS. Certainly reflects a very positive q3. May not be adding cheap shares. Love the free cash flow call as that is money that can be used for future acquisitions. Again thx. for all you do. Mostly posting factual info.
Totally forgot that. Should help. Not sure what they did but obviously I totally overlooked that . Not sure if that will make up the shortfall. We will know Wednesday. I will add on any weakness as I'm very confident of our Future2016.
Here is a concern or confusion for me. We had over $5 Mil q1 in New Mexico with $11.4 Mil Q2 which leaves $10 Mil for Julyaugsept,and Oct for less than $10mil which would have sales down significant for the 3 month qtly which ends Sept 30. Anyone show me where I'm off base here.
Totally agree. I'm trying to get a handle on q3 revenues vrs q2.
What is strange is medical still seems stronger than recreational with SHWZ since April yet overall medical has dropped huge in total sales in NM
So we had $12 Mil q2 in N.M. or about $4 Mil per month. Then we have 4 months averaging about $3.75 Mil per month. My guess is down for q3 vrs. q2 BY about 400 to 500k. Should still be a decent q overall imo.
Unfortunately sales have been virtually flat as recreational is growing nicely while medical continues to drop.
Everybody's selling.. lol. Except real investors while traders insist the sky is falling with hopes of driving it down for cheaper shares.
He was a director for crying out loud. It's going on 2 yrs. and there is no more deals with Starbuds nor any mention. Time for him to move on period as IMO he did not have the time nor interest especially knowing that SHWZ is in very capable hands.
As far as his ownership interest much is if my memory is correct preferreds, convertibles and other instruments.Plus that entails a process that would entail ending some of the high interest. Again IMO, safe banking would/could satisfy that outcome.
This continued fear mongering is really getting old. SHWZ is on a path to growing revenues rapidly and will once again announce results next Tuesday.
Why not sell and sleep better at nights? Fencesetters?
Definitely a possibilty. With that said and the fierce competition how many weak companies with poor management file bankruptcy. Now think about the opportunities this will bring. Next year we will have 60 dispensaries.
For me the longer legal and safe banking the better for SHWZ. I'm not a trader but an investor. Unlike yourself. My advice if you can't stand the heat in the kitchen. get out. Some see lemons and some see lemonade.
Slowest volume ever. Quiet before storm.
IMO all good. It iis time for Fortune 500 Company CFO. No offense at all she did good for a small Co cfo. Dye is shooting for the star.
Anyone think she was forced out?