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I have decided in diverse my portfolio into new plays or newly acquired LPs. Tweed has upside but not as much as it used to
Guys it will be several quarters before this company is worth 100 million dollars in its current market cap. In the meantime sit tight and HOPE this company doesn't run out of money by then. Expect diluting doesn't spin the shares into worthlessness
Well it's been a fun 25 percent run up in PPS. Unfortunately that will all go way once the Operational costs come out next week and they're in the red for another several million dollars. Sell while you can because it will be back to 1.40 land soon enough. Buy in another year when it's in the black and in the meantime good luck
Stock trending downward folks just like I had anticipated following the 3q ridiculous results. It's basically worth about 24 mill market cap based on earnings. Expect the SP to reflect as much in the coming weeks. 60 cents here we come.
What makes this company real bad is their COSTS. It doesn't do you any good if this company is constantly in the red every quarter because they want to spend millions of dollars campaigning at dr. Offices or spend millions on lab equipment when you cAn outsource it way cheaper. Anyway, we will see how much the losses are this quarter. There sure seems like a LOT of fluff tweets by this company lately. That makes me real suspicious as it should all of us.
Get real guys. SP is still way overvalued. 65 mill market cap from 6 million in losses? The REAL reason tweed is all over Twitter? To tell everyone how much they've expanded so that when those 4 q profits come out, the net losses can once again be justified. This stock is worth maybe 75 cents.
Surfer girl I'm very surprised by your comment. You have posted realist comments about tweed...don't stop now. wait until you that 4Q result comes out and over the next several quarters you will see a plateau like earnings report after q 2 or 3. They best get their expenses minimized in a real bleeping hurry or there will be additional dilution. Watch for dilution of shares over the next 4-6 months via another "acquisition" or trade partner. Thanks,
The Truth
They STILL have 8 strands left...they are not selling like hotcakes anymore gents. Time to buck this investment party. Until I see them in the black on financials, I have sold some of my position. Good luck...these idiots can screw up selling mj laff.
You know what? I WANT to be wrong. But even if they're selling product you need to take a long hard look at their expenses this coming quarter.
I won't reveal my stop price but you guys need to see the writing on the wall here when product isn't selling that's an issue. I'm going to give the 2 more quarters and go from there
I'm a long but it I'm also a realist. I'm not going to burn my cash if I see red flags and so far all I see is red waving flags.
When product stays on the shelf that's a good indicator that tweed has a very limited amount of demand. Desperate tweets don't help their cause. No one is listening to me but I was right earlier before MF wrote his article about the poor last Q financials. The share price will free fall after this quarter to below a dollar....well below.
Take a look at my previous postings about the PPS on this company. I have been dead right so far...they can't manage expenses and you have to agree with MF.
Keep dreaming cupcake. Their patient count is ridiculously low compared to other companies. They additional patients signing up is minimal compared to growing capacity increase. If they only sold 300k worth in December, that's 3.6 mill for the year. Minus the ridiculous expenses from r and d and you MAY net 300k. Wow great company. Seriously the tweets coming from tweed smell like desperation. Get out while you can.
Tweeds not running out of product anymore...and that's not a good sign. 30 cents by end of year mark my words.
Down she goes and no one listens to fundamentals. That's what a company is all about when it comes to share price. This company has no CEO and an inefficient business operation this far. They have a lot to prove to me before I buy in with additional funds. My avg is 2.68 US on 4000 shares so I haven't lost too much but as of now it does not look promising. I am patient but I still see 1.20 as a bottom for now
I told you people weeks ago this stock price will drop like a rock and it has. I'd be looking for an entry point of 1.20 honestly. It's sounded crazy when I posted it weeks ago but HOW ABOUT NOW?
Follow me on Twitter @jtjones_eng
This stock is a P and D no doubt...5 cents before 2/15.
No ur right surfer...the stock will continue to drop until the quarterly results look promising. We may have a few peaks and valleys but the trend will continue downward on into next year. I don't expect a good financial quarter report until 9 months from last week. So if you want to hold onto a falling stock by all means. I personally will wait until around that time to buy in for more. It is truly a disappointment.
I told yall to sell this sob its sub Penney in a matter of a few months. Sad....
While it's true I am a former FITX board bashed, I was primarily bashing FITX in order to inform them of their idiocy. I'm a twmjf long and yes I lost money today but we all have. And it matters very little to me because I only accumulate on dips. However, the dips will come alright. After releasing financials they sure will. Did anyone get an answer on why the 6 mill in losses for one quarter? Thanks,
Long TWMJF
Long ATTBF
Oh and happy thanksgiving for the U.S.:)
Guys read my post from yesterday. This company is now way overvalued. Imo back down to 1.50 range easily over the next several weeks. I'd look for a low of 1.20 honestly. This is all based on fundamentals now see because the market fluff has expired. Good luck.
I currently have a limit sell order of 67 cent on this stock. However, after doing a bit more DD and checking posts today, I may hold off on that. It seems although the revenue is not here at the moment, that momentum may build in the near to mid future regarding MMJ testing. I can actually see it being a multistate franchise of MMJ testing. BUT, even if were for just MJ, I believe US gov will require mandatory testing even on MJ as well as MMJ. This could bode very well for abattis since it is already set up and operations are running. They have a platform and it ALSO appears that the court proceedings are going in favor of attbf. For the last several days as AFAI drops, the inverse is happening to attbf. hmmmm.....
Long Attbf
Long TWMJF
There are several questions about their stated product from 2-3 months ago and how that didnt pan out to revenue. I agree that Tweed investors need to ask that question as well as WHY operational costs are so freaking high, or "Hi.". Pun intended.
And sorry I am a realist but expect some MAJOR selloffs over the next several weeks.
Guys check my earlier posts...this puppy should drop below 2 pps like I predicted. It may take several weeks (or tomorrow) but it will come. Tweed is way overvalued now and I do not like the losses they are incurring (although what MOST people dont realize is this is primarily due to obtaining NOTL facility)
Still, look for another under 2 dollar drop perhaps back down to 1.60 pps 1.50 would be more practical although still overvalued at that point.
Wheres the revenue? Acting as a MMJ testing lab wont bring in much at all. This company was one of the many banking on a fair shot at a license which will not come this year. Its been shorted for months now and will continue to from this point on. It will eventually be shorted down to 2 cents much like FITX only it will just take a bit longer. My estimation is 7 cents by EOY maybe January and 2 cents by March. Sorry, Im a realist....and unfortunately a long.
Honestly I was thinking that we would see one last pull back maybe 2 before Q4 results. However, it appears that we are going to stay above 2 pps from this point on. Too bad, because I was hopinh to accumulate a few thousand more shares before it skyrockets. Oh well :) I am certainly not complaining!
Does anyone realize they available share count is like 30 mill...Bruce has 20% and institutions have 4-5%. Ridiculously low share count. I'll tell you this much. The longer the U.S. waits to reschedule mj the better of a foothold financially tweed will have in the industry. This bodes well for us longs. I also believe like carp says, the potential for splits later in the future for additional capital is likely. This company is not becoming the face of Canadian mmj. Professional, savvy, catchy brand name and product. I am awaiting my income tax next year and will splurge on this stock alone. I want 10k shares of this puppy and will never sell. I have most of it in my Ira Roth for tax free but I'm looking to live off of the dividends of this company alone!!!
Cheers longs, sit back and enjoy the party.
Long twmjf
Long attbf
Sad this sob is going subpenney just like PHOT but sadder because I knew when to get out of that but this scam is unreal. No PRs nothing on revenue and I sank 10k in this puppy. What a waste.
As for me im a permanent long. I buy on opportunities. And I'm looking forward to the next one because I don't believe we will see many more under 2 pps after 1st or 2nd quarter of next year ever
Market corrections happen all the time. This one in particular has a pps increase of 40% or so since the low 4 weeks ago. Been mostly green since the. So we are due for a correction. That typicAlly happens when actual financials come out. In our case we know the revenues for 3q will disappoint, regardless of what you feel now. The market will reflect that sentiment.
Long Attbf
Long twmjf
LOL 800 shares sold us side and PPs goes up? No idea how grey Otc works but whatever. We have ZERO American interest in grey market ticker twmjf which is crazy because our dollar is strong (debatable).
Ok listen up. I want an XL tweed logo shirt black and I will wear it all over Dallas here where I live (mall everywhere). But I need someone to send it to me. Regards
Well expect a 10-15 percent drop after results of 3q come out tomorrow. This ball will not get rolling until next year March maybe April. Pathetic. I am truly disappointed in this sector as a whole. And it all started with sec shutdowns
WTF trading halted on US ticker?!
IMPORTANT PLEASE READ!!!
Listen I'm a long so it doesn't matter BUT,
Based on maximum capacity next year to grow 3500 kg and an average price per gram of 8 dollars you are looking at only 28 million dollars revenue next year. That only gives us a P/E of 0.28. Now since our market cap is at around 100 mill now...we are only looking at a maximum share price increase of 3.5 x existing share price based on a standard 12.5 Market Cap X revenue. Thus it will not shoot up any more than that...and that would be by end of year next year. Cheers,
Corum
But when I check the weekly buy/sell I see green so it's like the daily buys are being hid? Not sure what to make of that.
I can tell you all this much. Literally NO ONE is buying on the U.S. side of things. I have checked every day for weeks and I see such little volume (6k sometimes as little as 600 shares) on a daily basis that it is truly unbelievable. Can anyone explain this? Meanwhile FITX the drama queen of the industry is trading millions of dollars in daily volume. Something just doesn't seem right to see such a disparity.
I was fortunate enough to pick up an additional 900 shares around 1.60 a pop. I thought as I was buying them that this will be the cheapest shares I will ever get on this company and I am probably right. I have this puppy in my IRA and it is strictly long term with div. I seriously doubt anyone that has a clue is selling their shares but I intend to accumulate anything under 3 bucks any chance I get. Also holding out on hope for attbf but so far they have been quite disappointing.
Long TWD
Long ATT