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I mean "sold".
If you bought 4500 shares..it's hard to believe and it is mind blogging!
Bought or sell???
You did not either answered my questions!
Why have you bought NGW and what did you expected?
"you folks are a bunch of dreamers, i live in the real world"
Says the man with 400,000 + shares but has no faith in the company, their CEO or their business plan.
...........and you forgot to add that in 1 year he might be dead! :(
You might be right...or not!
Only the futur will tell!
Hunterdog - Those math are only for cannabis companies or it ca be used for any other companies?
chuck29
Why did you bought NGW shares if you don't believe in the company success?
chuck29
LOL...LOL....LOL....LOL
You are a really super super optimist guy!!!!
chuck29
So? What did you expected?
Hopefully they will sell more then 30 millions!
ok..3 to 7 times revenue (historic average)..thank's!
If you go to TMX quote, to the end, we can see the last 25 trades - buyers/sellers, shares number.
Interesting...
Maybe as high as post #1433 think..maybe not.....Who knows!
First and important part of the "nugget":
..."So August to August is really what we’re looking at from a revenue standpoint. Right now, we’re looking at about $30 million USD in the first August to August period, which is, you know, we’re going to be aggressive on, for sure"...
30 millions estimated revenue in 1 year beginning August 2019!
Harvest and revenue are coming! :)
From the interview:
..."You know, things can go wrong in this business, as we’ve all learned over the last four or five years; we’re not oblivious to that, but because we have that brand product recognition in what we’re rolling out right now – the eight brands, 45 products – and the demand of what these dispensaries are asking for, we’re bullish on that number"...
They know things can go wrong.
They should be able to see what's can go wrong in advance and face/solve it.
They learned from the past.
chuck29
Also there is possibility of a big big earthquake just under NGW facilities, fire all over California specially where are the NGW facilities, shark attack, alien attack, (I am joking!)...you name it!
We can just say "Hope for the best!"
Chuck29
Looks successfull even if he smoke weed (mikelouseeds).
He is in the weed field since 15 years + maybe.
Wait and see..I give NGW a chance!
oh..sorry..COO not CEO ..okay
i'll do search on Jenning - instagram.
chuck 29
Haaaa...that's explain the CEO silence! LOL
Boss and crew are stone!
I think you need to relax chuck29
I know you invested lots of $$...it can be stressfull..take a deep breath!
dbgolf
.."The buyers are like raptors feeding on the weak sellers right now"...
I like the image! :)
NamAdanac
Probably in August, September, shares should be higher.
Hold on! :)
NamAdanac
I don't sell..I am patient!
You're right and realistic..
Agree with you, everything can happen....or not!
Hope for the best!
Hopefully it will reach $5. in less then 5 years!
Beyond Meat shares was $65.75 CD May 2 and now they are at $200.!!
I did not bought.. :(
Well lots of interesting news.
Thank's PSully!
PSully
Bad news..?? Like what? Can you tell more?
Hunterdog
Ok I'll try to explain better.
Insiders buyers bought shares since the beginning right?
Can we say shares has been diluted lately?
I would answer yes.
When they offer as for example, private shares, "insider buyers" probably expected shares might value less (dilution) but they bought shares even if dilution might happens. They did not wait to buy waiting for major dilution as you say.
Hopefully my explainations are more clear.
Hunterdog
Ya but I think insider buyers bought shares since the beginning, possible dilution or not.
Looks they don't bother about dilution.
In fact, it's good for them, after dilution, they buy at lower prices and when shares value will be higher...well ..BINGO!
chuck29
..."hell we are looking at more than 45 million shares diluted"..
If this happened, I am happy having not much shares!
hunterdog
"You will never go broke by exercising caution."
...and I will never be rich! LOL
Chuck 29
In fact I don't wait for the dilution, I am waiting to see what's will happend next.
I am taking the chance the stock might be higher, but safety first!
I want to know more about how they intend to finance other facilities before doing a move.
Noda11
I'll do!
But I would say all of you (experienced traders) have confidence in the company, so I guess it's a good sign!
chuck29
That's why I am waiting before buying more.
NamAdanac
I take note! Thank's for the advice! :)
Last time and first time I invested in stock market it was 6 months before the crash in 1987!
Me and my husband lost 40K +/-
Since that time, we never returned in the stock market.
Hopefully this time, I'll be lucky!
I am prudent...I don't have 400k shares..much less then that.
I understand that more shares you have, faster you can make big money...small shares amount will take more time to do big money, so the risk is higher with less shares because you have to be in the market longer.
Anyway I will add more soon.
"For me, the big question is: When are they intending to construct the next facility and how do they intend to fund that construction?"..
If your not available maybe someone else can ask the question?
Impatient to hear how they plan to finance next facilities.
Hunterdog
Great!
I agree with you..debt is a killer..that's why banks exist..no debts, no banks!
Always pay cash too...no debt!
I think it's the best philosophy..if you cannot afford it, dont'!
Hunterdog
.."For me, the big question is: When are they intending to construct the next facility and how do they intend to fund that construction?"..
Do you think that question can be ask and answer at the next meeting with Leigh?
Hunterdog
So great you are on the board!
Your explanations are clear, logical, and help newbies to understand better the situation.
If you don't sell, you loose nothing.
Just having lower value temporarely.
Be patient.