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Re: TheWatcher51 post# 1460

Saturday, 09/05/2020 4:34:31 PM

Saturday, September 05, 2020 4:34:31 PM

Post# of 2963
We hit 22 and 11 is 50 percent decrease . Bad enough we hit 40 percent
Down on Friday then bounced . Not once stock retraced 30 percent down but We retraced
40 percent . That means if we can get rotation back in cannabis grwg we will go higher then all the
Other stocks in percentage . A 20 to 25 percent move would make sense ..........
The problem with hitting 11$ is it went down to fast . Someone will notice
And the buying will begin and never go lower then 13 .3 ish where there is support .

So what is the next catalyst for grwg to move again . Well 22 new location this year .
That's 2 per month and we have had no news for a month now . Grwg
Is over due for a announcement . I predict 2 new location or acquisitions news
In the next week or two weeks . This is one catalysis . The other is
Banking regulations are coming Any week or month now .
Novermber elections with 7 states totaling 40 million people .
Then New York early next year . That's 60 million people
Coming online . That's a quick double in people . This will spark grwg in a big way .
The industry is expect to due 16 billion in 2 to 3 years .
Grwg May be will billion dollar company sooner then later .

Remember grwg is only 4 x sales and really is not a covid
Play . They will be doing well after Covid .

Ready tdoc Abt 50 x sales.
Docu. Abt 55 x sales .
The list goes on . None of these stocks are Proprietary
Which means anyone can get into it and be a competitor .

Grwg should be 6 x sales in a bad market and
12x sales in a good market . 21 to 42$ .

We sold-off on Friday . It was totally mechanic .
Margin calls and option help bring down grwg .





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