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Re: Hunterdog post# 7457

Tuesday, 06/23/2020 6:33:18 PM

Tuesday, June 23, 2020 6:33:18 PM

Post# of 14223
Thanks HD for your perspective.

I know its hard to not do fundamentals based on emotion. I have been there countless times. I guess thats why my investment strategy is always typically based on industry research before company research. Get the industry metrics down first then see if a company can fit into that metric. Analyst forecasts suggest that even on 4 quarters of positive revenues by the big MSO's the max val multiple will be lucky to stretch to 2x by Q4 2021. Thats the scary thing.

But then of course, you need to rely on the company to deliver. If they fail, its impacted. If dilution events occur - ouch. And we have seen both of these things happen here with this company plus more etc etc

Don't worry, i want that 20c mark to come and from there it's up to the network on my side to make their decisions I guess and of course for you HD, knowing how connected you are to this investment, I hope you get your $1+++ pot of gold in your future as well.

As you said, time will tell.

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