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The banking act will help a lot of pot companies...with Nugs , who knows..so far a little blip of up for nugs , but as is normal, it will go up , only to fall apart ...they ll definitely drop on thursday whether the news is good or bad.
Thats my opinion.
Below a penny yesterday...when is it all going to be over ...whats their plan..is there a plan ...management or mismanagement ?
When the stock price was $7...it was just air and dreams...now there are millions of dollars in sales and millions more in debt..and sub penny stock prices.
The beginning of the end or the beginning of something new ?
New lower prices under a penny is my opinion....
So if a penny stock goes below a penny is it still called a penny stock or is it called a sub penny stock or a micro penny stock ?
lol
Lots of selling going on...everywhere it seems...
The micro breweries is an example of specialty market success ,having a huge disruption on regular product
And yes...there is enough population with deeper pockets wanting and buying premium product...and poorer folk buying their favorite brand of pot regardless of other expenses...
there are times when there is no compromising on quality and product .lol
Anyhow...nugs is growing, low float compared to many other other pot companies, and maybe, just maybe buying a few shares around this cheap price may fare well in the years to come...
There s a lot of positioning with pot companies buying up competitors...my question is...Will nugs buy up smaller companies or will they be the ones bought out.
All of the above is my opinion and of course I welcome yours , even if it is contrary to mine.
To Everyone...
Do you have a favorite brand of beer?
Do you also refuse to drink the cheapest brand of beer for whatever reason ?
Do you have a favorite specialty brand of marijuana that you eat or smoke?
Do you refuse to eat or smoke the cheapest brand of marijuana ?
You get the picture perhaps that the specialty brands are the ones making money now, even though there is a glut of cheaper product on the market.
The specia;ty brand area is where the action is...higher prices and not enough product.
Thats where nugs is at...they need more space to grow where the demand is and their market is specialty brand.
As far as making money and a higher stock price...well in my opinion , that could be some time away...
Vote for legalizing marijuana at the federal level may be coming up next week.
Vote for legalizing marijuana at federal level may be coming up next week.
Its been 9 weeks since year end.
Time to release sales .
They are delayed it seems or I m not looking in the right place.
Will the numbers be a surprise?
Will they be a positive surprise or a negative surprise?
When are the sales and loss results due for last 3 monthes of last year?
Usually they come out 6 weeks after the fact ...and then 2 extended delays as they can t seem to get the timing right and wait till the last minute..
Does anyone know the release date of results?
This is so ridiculous ...its laughable
Nugs opens the day at .03 , going over the 50 day moving average...
Then falls down to is usual range of about 2.5 cents
The 50 day ma went down below .03 as the moving average is dropping ...not the usual crossing of the moving average as the price goes up..unreal!
Check out a candlestick price chart.
This is the 7 th time in the last 2 weeks nugs that has hit the .03 price..
will it go higher...sure dosent look like it...just my opinion on all the above
Marijuana has been accepted by the average person in California...and after 25 years in the state as being legal...getting to the average joe, may seem like a joke, a very big joke if a marijuana company does not participate...
Afterall , to reach the average joe you have to hang out where he goes...
It is a scientific test and you can read more if you google it.
All promotion is good promotion so cakes , pies and marijuanna will greet you at the California state fair this summer.
Lol.
The california state fair in 2022...this year...is allowing marijuana
entrants to participate to see who has the best product..
Will nugs be there ?...great way to advertise your exceptional product.
Ok...so the new retail store is open..
Time for some kickass promotion..
The store is in a densely populated area.
Its time for a Grand Opening Sale.
This type of sale has to be creative , memorable, and impressive!
25 per cent off all product for a week , or for first 1,000 customers.
Advertise this event by social media....and more importantly advertise in the local newspaper...everyone reads their local paper.
Put in a full page ad, with as much white space as possible so that a quick glance gives the reader the message..(Think small ad for volkswagon bettle...done by Ogilvy and mathers years ago)
Big huge banners on the outside of the store advertising unique product selection.
Hire an old time jazz band to play outside the store , with old fashioned piano and period costuming ..Old time tunes that people know like hello dolly and a hundred others.
While the band is holding the crowd a band member or a model,is handing out a special extra coupon discount valid only that day and inviting the customer inside the crowded store.
The store is crowded because all the staff at nugs has invited their friends and family to the store today.
Ok...so the above is just idea stepping stones to get you the reader s brain thinking in a different direction..
A stepping stone idea is the starting point to jarr the brain to think outside the box and come up ideas that work to increase sales...
What do you think the retail sales were in November or december ...$20,000 per month ?
How about $100,000 per month...
How can they get to a $1,000,000 per month?
My challenge to you the reader is how can Nugs create monster sales from this one store?
Just write one idea on the bullboards...thank you
Specialty brands of pot are the winners I suspect...when nugs went from selling the cheapest brands of generic pot to specialty brands , it was a smart decision.
However I do think we are years away from a decent price on this stock. As long as they stay in business there is a chance this investment may pay off very well.
Only my opinion...feel free to express yours.
happy New Year
The growers that have solid retail/ distributors customers will survive this flushout of oversuppy...i think nugs is in the group that will suvive...my opinion...
the government will react too late as usual...letting many good companies go bankrupt by not listening and acting fast enough..over taxation in california is so evident...one just has to travel from a neighbouring state and the first question upon arriving is...why is everything more expensive in this state.
Ok...if it goes to a penny even ...then the winter coat goes out the window
Hats gone...and now of course Nugs release a positive info news release..
Ok...the window is open...I have hat in hand...but ...not yet...there is still friday which likes to end on a positive candle up..stay tuned..
Aha..yes , but the week is not over yet ...i have till friday before i throw my hat out the window..
About nine Japanese candles down , usually its up up up up after that ...next week should be better than this week.
That was a very informative news release. This company is reinvesting its profits for massive growth. Its a world leader in its field .
I remember when amazon , being a world leader in its field, kept reinvesting
profits and kept trying new ideas/ ventures to the point of driving investors to pull there hair out...lol...when they finally had a big enough base they had so much money coming in , that they showed amazing profits and continue ...and the stock went ballistic...
Fast forward to dnmr...they are at a strong beginning point to achieve world domination...it may take 10 years to build as large as they want to...but investors are watching and will buy, buy, buy..at present its early and the price is cheap...lay back and patiently wait. just my opinion .
Not sure what is going on....I don t expect any upward movement till next year as they are just starting the retail operation and I doubt if they will do an excessive Sales quantity in the first few monthes...I expect they will get their foot in the door with some sales.
New retailers are incredibly naive , expecting store lineups and explosion of sales.
This can happen of course with an experienced leader , but it is a rarity
rather than normal activity.
So will have to wait and see if Nugs has the marketing knack or will they fumble at the beginning.
Its easy when you know how....comments ?
Highest share volume in the past year...over 8 million ...so whats up?
Nice move today...as long as it holds above the 50 day MA..earnings news coming out in 2 weeks.
Looks like I am talking to myself and few have read the recent news...however with a million shares changing hands today...is this accumulation ?
Question about the new retail store that nugs is taking over...is it a location that was in operation and has an existing clientele or is it a brand new entity from scratch?
I see that sales numbers start in november as they open or reopen then.
Is the location a high traffic retail area and what type of advertising or marketing campaign do they have?
Day traders playing and playing with this stock ...making micro pennies on each trade..no real action for monthes down the road in my opinion..
When the retails store/stores starts reporting real money action..then it will be a little more exiting...for now ...ho hum
Looks like we ll be drifting down in price till real hot news appears...I m giving it about a year.
If the fed raises interest rates , the markets will take a dive as increased credit costs affect almost all businesses.
Probably see a penny for nugs, wouldnt suprise me..real price and value not to be shown until higher revenues are achieved in my opinion.
More patience....
Is there an estimate as to what the sales of this location would be on an annual basis ?
I see day traders making fractions of pennies profit on thousands of shares...a penny here a penny there .. perhaps next year around this time we ll see a lot more than a fraction of a penny move each day....patience
One more question...
What are the other 2 licenses going to be used for??
What is the average wholesale price that nugs is selling their crop for ?
Price per pound times 15,000 pounds is how much ?
How long to get to full capacity with new indoor operation?
Is this stock worth more that 5 cents per share?
Just a few of my many questions....
Looks like a couple more monthes before we receive full details on the news .
In the news ,management says more details this fall...that would be before dec 21 which commences winter...
Its already been a few winters to get this company moving but its still in business and progressing forward it seems.
Are the 4 licenses all retail licenses ?
For the last 50 days the average close for the day is about 7 cents...being perhaps .066 one day and another at.074 ..etc..all prices averaged out to about .07
Essentially the price is just going sideways .... however today it’s actually minutely over the 50 day moving average line as the price is currently .076
I m still laughing... the price is going no where fast.
The sales are good... price should be well over 50 cents
It appears that they are selling 1.5 million to 2 million per month...
Next years sales increase should be a respectable increase.
Will the price of this stock ever go up this year?
comments?
Wimping out at the 50 day moving average.again.. I beginning to
think its the company’s mantra to not let the stock go over the 50 day moving average and stay there...well i can only laugh...
Interesting seeing the posts dated from last year on the sales at that time .
Are current financials late again as per habitual habit?
How can that be?
Perhaps hiring a few more accountants to add the columns
or provide a plausible explanation for people like me with limited accounting experience can assist with credibility
of company.
What do you think. Its beyond me how this company dosent seem to care about its public image.
same old same old ...
Any news on financials ?
here we go again... another year before profits show as well as sales... i m being optimistic...the silence from management is deafening .
ya .. it will go to .05 especially if the have a placement at that price
in my opinion.
I also think we have to look a year out and find out what plans they have for the money.
Short term i expect nothing great on price... its waiting game again ... we need positive surprises and
positive great growth. ... another year