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Who are you to tell us what we can or can't afford? You're obviously projecting your own frustrations and are still very upset that you bought high and sold low.
Hey Sleek, looking good. Will the new logo be making it's way on bags of coffee as well? I'm looking forward to seeing more consistent branding.
I'm not talking about organic social media posts. I agree that it's mostly a waste of time at this point. I'm talking about paid advertising (both digital and print).
Fair analysis. Regarding promotion though, my feeling is that timing is everything. I don't see any good reason to "get the word out" beyond an organic level before the company is ready to really hit the gas with production and distribution. Marketing costs money. I suspect Medico is waiting for the right time to spread awareness via digital and retail marketing etc.
"...don’t be enamored with the things excited people say on public forums."
Funny because you said VATE could hit 30 to 50 cents just a few months ago on this board. What made your outlook change so drastically? Their social media following?
Yes. I too would like to hear more frequent updates from the company, ideally Ryan himself. Hopefully they are just too damn busy making moves and growing the business. You could always ask him about distributors directly (ryan@elev8hemp.com). He's replied to me before, and not replied other times, which is normal behaviour for someone running a company.
I've been adding at 0.188 today. Should be an easy 4-bagger.
Funny how people who buy high and sell low believe they were "scammed" as opposed to being poor traders.
Huge companies are betting on CBD beverages: https://www.fooddive.com/news/molson-coors-will-launch-cbd-infused-water-in-canada-through-joint-venture/565402/
Should be worth a dime in time for XMAS... load up before Santa's VATE trail leaves for north pole... hohoho!
I agree. Take 2 or 3 weeks off and stop looking at the stock price everyday. Go outside for a bike ride. Read a book. A watched pot never boils.
The only "bad news" is stock price. But those who are smart don't see it as bad news, but rather a huge opportunity. I will continue to accumulate in the 2's as well.
Golden cross never panned out as some had predicted it might. But that’s just TA. VATE should be in the 5’s by December and 10’s in 2020. Can’t wait!!
What's his email address?
Some people don’t have the intestinal fortitude for these types of investments. You need to be patient and not panic during volatility. Those with guts will be rewarded.
VATE is ready to hit the .10's in a hurry! Anyone who thinks otherwise is foolish!
Source?
Or is this your own hunch?
I hope so too!
Good call. I plan to add more this week. The current price of this stock paired with upcoming news & developments means it's a no-brainer.
I think a return to 5's is definitely possible by end of year. Personally hoping to see a return to the 6's in January. Lots to look forward to in the next 1-3+ months... new regs, new flavors, new labels etc...
Thanks! Many of us wouldn't be here without your excellent and rigorous DD!
Cheers,
J.
I predict a 10-15% green day today. Let's go $VATE.
More like predictions. The key to success is patience. Longs have it, others don't have the stomach. Sometimes people buy high and sell low. It's unfortunate.
That's what happened to sister company KGKG a year ago so may happen to VATE as well.
I surely hope so. I've been averaging down for over a year now. The company is real, the products are real, the distribution progress is real. There's still a ton of potential for this company in the near and long term. Very confused as to why the share price is falling so dramatically. VATE has historically recovered quickly after bottoming out. This time is more severe however I am hoping for a quick recovery.
And I thought I got a killer deal @ .023 last week! Hope this bleeding stops soon though, wtf.
I read some chatter about "preferred shareholders" today but can't make much sense of the details. Can anyone shed some light? What are the implications? I'm still a strong believer in VATE and CBD beverages. Hoping the beatings stop soon and we turn this thing around with upcoming regulations.
Aside from being in a sector that's been dropping lately, what else is pulling the price of VATE down so much this week? I'm personally astonished to see VATE in the 1's. Not a pleasant day for us longs.
Today was a bloodbath for the MJ / CBD sector. VATE did relatively well compared to some other stocks I keep track of.
How so? And by who?
Who's that?
What metrics are you using to guage Medico's success as CEO of Elev8 Hemp? Just the current share price?
Not sure who's selling at .023, but I'll continue buying :)
PPS briefly spiked to $12 on Aug 1st 2019?
I'm with you! Loaded up today @ .023
That was me. VATE is too good a company to not buy at these prices.
You posted a bunch of numbers and said "this is inexcusable". Can you be more specific? What exactly is inexcusable?
What is the timeline for USDA / FDA to file regulations?