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Re: Super hipper post# 42161

Wednesday, 01/30/2019 11:19:16 PM

Wednesday, January 30, 2019 11:19:16 PM

Post# of 82980
Super Hipper: I know you are a fan of CVSI, but why are you so twitchy about it? It is SO hard to time this stock!! Only people like BKK are smart enough to time this stock. I'm summa cum laude and can't time this stock (but I'm old). I'm an investor in this stock and so I don't worry about this dropping below 5. I don't get day trading this. Unless this thing is retrenching 50% swings, you can't make much money day or week trading it. I'm in the 38% category so short term gains are not worth much to me. I believe in this stock for good reason. I haven't sold a single share except in my kid's UGMA to pay for college. Here's what I see happening - a great year end. I'm guessing $50 MM total. Followed by some new hires (maybe a president or some senior level person who can help Dowling and Tomc move this to the next level. What is that? How about $100 MM in sales. That's a nice level. I suspect a buyout in 18 months. Can I wait that long? Hell yes. Can you. If you want to triple your money in 18 months, buy what you can and then sit. Don't drive yourself nuts. This will remain a volatile stock. It's not frickin' Pfizer (which won't get you gains). Think about this: CVSI is the BEST (by far) CBD stock in an about to explode market. Are we undervalued? Yes. But that will not last long. Don't sweat the small stuff. Get in as much as you can and then hold. Establish sell points. My 25 yo accountant son claims I told him I'd sell 10% of my holdings at 6. I think it was 8 or was that 10? In any event I'll be selling some when it hits that. But the rest, I'm holding till someone big buys us. GLTY.

MT.
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