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What you describe is what I like to consider
A worst case scenario. In which case shwz
Is one of the only pot stocks I truly believe
Will survive because they have a business
Model that will survive until the fed comes
Around even if it takes years.
A best case scenario would be that something
Happens before mid term elections (this year)
That turns the tide and interest returns to pot.
This could be compounded by the fact that
Stimulus money is running out and smaller
Governments will be looking for things to close
Their budget gaps. Hey! Pot taxes! Look at
Colorado and New Mexico. Money returns and
Everyone does good!
What I expect is something in between. And
Shwz is the answer either way.
GTLA
The flaw in your logic is that a knife hits
The ground and pretty much stays there
But this could bounce like a super ball
At any time. For the few shares I need i’m
Setting a buy at $1.50. I don’t think I can count
On shwz getting much lower than that if it gets
There.
Warren says; there are 10’s of millions of trades
Made every day and in each trade someone
Got a good deal and someone got a bad deal.
The market definitely stinks. The past few weeks
Have been one bloodbath after another. But
Insiders are still buying. A director bought 20,000
Shares today.
Thank you damAcon! I never believed
The 12th, then I started seeing the 16th
But this is the first I’ve seen where Schwazze
Made the announcement.
Great explanation Doc! Very well put.
With my dads generation and older it was a widely
Accepted truth that during the depression cigarette
And alcohol sales went up. People are depressed
So they turn to an escape. We’ll see I guess.
GTLA
I'm with you guys. Albertsons wanted him as ceo and he turned it down. I think
he was looking to be a part of history and build a team of his choosing. Definitely
not selling as long as he's having as much fun as he obviously was at that noble
presentation.
GTLA
Thanks Lazur, Great presentation. Now if only we could afford to do what Bill Gates
did with windows 95 and buy wheel of fortune's time slot to air this as an infomercial
we could knock years off this whole process.
Nice charts and info Doc. I remember when
Tilray was $139 a share. I think that is where
Shwz will be at the top of the next uptrend. If not
More.
Kinda gives you a warm fuzzy feeling?
I am hoping that one of SHWZ’s next 2
Earnings reports starts a turn around for
The sector. And the more exciting thing
Is I think it is possible.
GTLA
Thanks for the write-up knife.
Always good to hear affirmation that
We do, in fact, have the golden ticket.
GTLA
Very impressive Doc. Anyone think Montalbano
Might be a sign of a research branch?
I was reminded the other day that Dye came
From the grocery sector (Albertsons) and that
Sector is widely regarded to be the most competitive.
He has made claims that at the time I considered
Outlandish but then he made them happen.
At this point I’m trusting him until he proves me
Wrong. And I really don’t see that happening!
GTLA
Absolutely. Be fearless ONLY when
All others are fearful.
No, I’m almost certain they have no ties at all.
I own kinross gold and it took a huge hit for its
Connection to Russia. Hecla did not.
And then when they get really desperate they
Issue another 100 million shares, sell a large
Portion of them and try to make that look
Like profit.
For anyone who doesn’t know, SHWZ has a
Total of about 45 million shares out and has
Only issued new shares once or twice in the
6 years I’ve been involved. They had 20 million
Shares out in 2016.
It’s always fun to watch these companies try to structure
Their earnings releases to cover up the fact that they lost
Money. I can’t remember exactly who said it in here
(It might be old age or maybe short term memory loss)
But “earnings do matter”. That’s why I think SHWZ will
Be among the first to lead the turn-around in the pot sector.
GTLA
SHWZ just sold 200 shares in pre-market!
I think the pot sector has been very close to
Rock bottom for some time now. I am really
Ready for it to turn around.
I just noticed that.
It’s unfortunate that I still have so
Many more buying opportunities
Than I have money. Lol
P.S. and remain profitable while we wait.
GTLA
Absolutely!
Over 91% of Americans now want pot legal
In some form. Far cry from when I started
And music to my ears.
And from what I have seen so far I think
Shwz will be in a great spot to take full
Advantage.
Schumer has moved the deadline on his bill. He has
Changed it from April to before August recess. I am not
And never have been a Schumer fan but I’ll back anyone
Who is trying to legalize pot. He does have an acceptable
Explanation. He says they need more time to get more
Republicans input and acceptance. I will accept that because
I know, and I’m sure schumer does too, that no bill matters
At all if it can’t get through both houses.
“Don’t bet against America” WB
GTLA
I think we all should have faith.
I’ve been doing this for 6 years
Now and yes, there will be political
Hang-ups and opposition but the
People will eventually decide and
Just like alcohol during prohibition
Pot will gradually become more and
More legal. It might take 1 or 2 years
Or it might take 5 or 10. But when it
Does some people are going to make
A lot of money and I want to be one
Of them! I think shwz is a good stock.
I think it’s the best of the pot stocks.
And I think pot is the sector most likely
To hit big.
GTLA
Hopefully the conferences this month and next
That Dye and Huber are attending will drum up
New interest and next level pricing.
Zdpy does look good. I’ll buy a few
And start watching it. Thanks!
Because no one can possibly know what deals may
Come in the future and they don’t want anything recorded
That might be used in a law suit. Gotta love our litigious
Society.
And surely I’m not the only one
That noticed that Las Cruces, where JD
Was at midnight, is 47 minutes away
From El Paso.
Hopefully it will all come together
On 4/20. Lol
And unfortunately Schumer isn’t going to
Let anything else go to vote because he’s
Got his own bill that he wants everyone behind.
I believe it’s due out this month.
Lol! That makes sense. It doesn’t
Make me like it, but it makes sense.
Thanks for the explanation.
I’m confused why with an earnings report
Like that New Cannabis Ventures headline
Reads “q4 revenue down 17%….”.
Well put lazur! Tomorrow can go 2 ways;
If it goes one way we’ll all be happy, and
If it goes the other I’m buying all I can
Afford before next earnings.
And don’t forget doc, because Shwz is
So barely diluted it has room for much
More growth.
I think surrounding Texas is a good plan.
I live in north Texas and it won’t be legal
Here until the fed makes it legal or we get
A new governor. But eventually the fed will
And when that happens surrounding states
Will suddenly have about 29 million
Potential new customers.
I agree with doc on this one.
I think the payoff on NEO will
Be pretty quick.
That was hilarious.
You reminded me of one of my
Favorite Buffettism’s: “If your
Not prepared to own a stock
For 10 years, you shouldn’t own
It for 10 minutes”.
CONTINUED from previous post;
Then Roker died and Andy was left to
Run the corporation. I don’t think Andy
Ever wanted to be CEO, that was Rokers job.
But I watched him work tirelessly for the
Passage of Colorado house bill 19-1090
and he was enormously responsible for
It happening. This meant corporations
Could now own pot shops after it passed
And became legal. I think this gave Andy
Self confidence and he made the same
Decisions that I would have made at the
Time because honestly none of us thought
Trump would be elected. But he was and
Immediately rescinded Obama’s memo
That feds wouldn’t bother states. Pot stocks
Crashed and all the deals were ridiculous.
Then came Dye! He got them out of the
Deals with minimum losses and they
Regrouped. Since Dye was doing such
A fantastic job I think Andy saw his way
Out and took it. Since then ,from what I
Can tell, Dye is still doing a fantastic job
And I still think Shwz will be one of the
First consistently profitable pot stocks
And that will cause the other pot stocks to
Go up and when there’s money, the politicians
Will come out of the woodwork.
For some time I have been getting
Rid of stocks I don’t like when they get
Profitable enough and when prices are
Down buying more of the stocks I do like.
Shwz has held up and is my favorite pot
Stock ! I think it could easily be a solid
Investment for 10 years or more!
I would like to share my relationship
With mdcl/Shwz. I found them in 2016
When it was Andy and Roker making
A corporation out of consulting and
Selling lights and books. I think Andy
And medicine man had 2 stores at the
Time. I found out the stores had no
Connection to the corporation because
At the time Colorado law didn’t allow
A pot store to have more than 15 owners.
Pot stocks were hard to find at the time
Because just a few years before pot stocks
Had crashed and broke a lot of people
So most exchanges were afraid of them.
I decided that if they could do that
Good of a job running the corporation
Without selling pot then they would be
One of the first pot stocks to be profitable.
This post is getting very long so I’ll
Continue it in another post;
CONTINUED
I’m thinking the June
Earnings report will be
A big bump up Steven.
LMAO Doc, I’ve got you beat.
Barring some major drastic changes,
I'm shoveling everything I’ve got
I’m at .75.