Tuesday, October 11, 2016 2:40:51 PM
Convertible notes work just like furniture financing... ya you spilled a beer on your couch but 9 months later its time to pay for the couch. The dilution we have seen in the past few months is just like that... people forgot the couch was new and pretty at one point once the bill shows up.
It will go back up yet again but it won't be .03 by Friday. I am a long myself and I actually expect a rather decent return in the next few months, but not by tomorrow.
This is the ONLY public stock I could find in the testing industry in OR. I looked through the list of 18 labs and I don't see that any others are traded. If there is one... post the ticker I'll buy some of that one too. But every other lab I see has 1 lab... SGBY has 3 certified labs going on 4 in the state.
I know there are quite a few growers but do you think the big guns want to work with 4 different companies? SGBY is the only one I see with a statewide presence.
Also for the most part this forum is full of good DD. Even long holders like myself are not pumping and we are being reasonable with our expectations. What we want is others holding that have confidence like we have to hold. Thats what drives the pps up.
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