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Re: Cane5 post# 221

Tuesday, 06/25/2019 7:19:17 PM

Tuesday, June 25, 2019 7:19:17 PM

Post# of 1524
Selling? No, lol. I bought another 5000 shares today at $1.01 and $1.03. I was bidding .98 until somebody jumped on top of me with a bid for 50,000 shares at .99. I started buying at mid .70 level and continue to add. Too many traders and investors have imo a day trader mentality. We are owners of a company with NOW vertical integrated 200 acres PLANTED and a possible 20M revenue year. At 20x revenues (industry multiple at this time), that will equal $12 per share. Projected acreage for 2020 is 800-1000 acres or 4x the current amount. Depending on multiples and ability to achieve up to 200k per acre we are looking at $30+ per share eoy 2020. At that point my answer will change if we haven't been bought. Traders make money but investors get wealthy. GL
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  • 5Y
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