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Re: damAcon1 post# 2857

Friday, 10/11/2019 3:38:07 AM

Friday, October 11, 2019 3:38:07 AM

Post# of 21192
Cannabis valuations are absurd... I do wonder how the price of some companies (hexo included) got to be so absurd.... Quite a bubble, lots of companies STILL overvalued (Tilray...)... MDCL stands alone as being *so* tremendously undervalued AND so incredibly well managed. MDCL (fully consolidated) is an extremely good company - its almost like building a dream team... pick THE BEST and unite them under one flag... this is what will create mountains and mountains of *value*.

"MDCL is holding up better than the others"

I see, browsing through my POT watchlist... its devastating. This little MDCL dip is nothing. That sort of price action on this sort of day actually is extremely encouraging.

Why? *Value*... shares of this company are actually valuable... we aren't holding bitcoin here folks (10% joking) and nobody paid 50x forward p/e... Any shareholder holds a piece of green gold and they paid for a piece of black coal... weak hands need not apply - either to hold through these dips or to hold long enough to reap life changing gains (Amazon wasn't built in a day).

Speaking of weak hands... retail investors have been absolutely robbed by people encouraging them to buy the overvalued junk in this space. Unless you are toying with paper trades or a small account of no consequence... it should not be "buying a stock", its not a ticker with numbers attached to it... Investment is *ownership* and it costs $$$ to buy... Yeah I'm pretty happy I hold even a teeny portion of 271 columbian acres - pretty excited about owning my share of 30+ dispensaries (and the rest of the fully consolidated MDCL. I believe this is a rather exceptional company and I'm glad to own it.
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