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Hopefully I'm not jinxing it but here is the way I look at it - given historical pricing trends, unless there is a major disruption I cant see it dropping below $7.50/$7.75. I view that as a floor. The risk reward tradeoff on this stock is heavily skewed toward reward at this moment in my opinion.
Just bought more. This is just 1 of 3 MJ companies I have long term faith in
Im indifferent nothing he/she ever posted had anything of substance in it.
What a fire sale so under valued
Moments like this are what I live for....the entire shorting of an industry screws over investors of companies with poor fundamentals but provides unique buying opportunities to investors of companies with great fundamentals like Trulieve
I think by the end of the week it will reach and stabilize around 2.50/2.6
No look at the one year chart very healthy
Just bought in
If you look at their market cap and compare it to cash on hand and revenues this is severely undervalued. Actually a prime takeover target.
Anyone know the float on this?
Same been holding for about two years now.
Nice I'm digging in and if I like what I see my goal is to buy in before labor day.
I dont have a subscription to financial times. The article was not behind a pay wall (something youd find out if you searched). But I'm surprised with all your charts you cant afford a subscription. Does that mean you're not as successful as we think?
Dont worry your ad hominem attacks help to cover that up and divert attention.
It took three seconds
The Colombians can produce a gramme of dry flower for $0.50-$0.80 while in Canada it costs around $2 in the US it is more. Per the financial times.
Average annual income in colombia is about $8500 per year. Therefore from a labor standpoint, labor costs are about 7 times less than that of the US
Very encouraging numbers. I will continue to dig in. If you spent 3 minutes searching rather than touching yourself to your charts you'd find this info right away. I'm expecting a thank you
So we are right back where we started. Your answer is "I dont know" noted. Thank you for your honesty.
Why are you getting so defensive? All I asked was what their cost of production and overhead was. You didn't have to answer nor did you have to volunteer the information that you dont look at facts
Sorry if this message was taken as a personal attack as it was not intended to be. You're the man buddy you called it!! You're probably writing this from your yacht cause your so successful! Hope that helps. Now you can resume being on the offense instead of defense.
Asking a question that every potential inestor should understand is pushing an agenda? Got it.
So you're not a facts guy? Good to know. That was your most informative post.
If you dont know the answer either say I dont know or just dont respond. It's a pretty innocuous question.
Not pushing an agenda nor did I asked for your opinion. I asked for numbers and facts.
You took it upon yourself to present numbers and facts so since you know the most im looking at you for more numbers and facts.
Thanks for the info can you also post the average colombian cost of production compared to elsewhere. Also can you post the average Colombian salary and overhead for a company compared to other countries. That would help round out your data set.
Meridas investment with them coupled with their foothold in Minnesota and strong share structure turned me on to this
Just bought in
Ive been an investor here for a while and am disappointed. But to your previous comment when you cut your losses and sell for a loss and it offsets your gains that's turning a bad situation into a semi positive one.
So they can only start closing in November. I thought you said end of September?
Thank you for your valued contribution
Mj market is always like this I expect it will start uptrending last week of august/ first week of sept
Good point I dont know. But to my knowledge it's pretty much a related party transaction, seems like there shouldn't be many
It's a volume issue not a news issue. Not many eyes watching this, the best time to accumulate.
Exactly what I was looking for thank you
Im.invested here but can someone explain to be how rivers gets their cut of these companies? The companies they are invested in are expanding but what does that mean for Rivers bottom line. Looking for a more technical response.
What did they say
This is a long term hold for me. No need to constantly post on the board. I'm here and will be for a while.
Shift toward Weed stocks
On the surface you appear to know everything yet you still have the time to post on penny stock message boards instead of sailing around the world on your yacht. Guess your charts aren't as reliable as you're making it seem
This is one of the few undervalued MJ plays left. Anyone gunning for yield should jump here
Agreed
Wow!!
Any update on the call? I wasn't able to be on it