I invested more today after watching the podcast last night.
I'm invested in large part because of the CEO (high quality)
and I love it when he talks about the long term plans for the company (comparing WDLF to that "private" incubator that is worth tens of billions of dollars)..
Some reasons (not necessarily in order but close) why I am invested.
1. The MJ space driver (MJlink) and all the catalysts that come with it (new legislation, money flowing into the sector, MJlink IPO)
2. The CEO (probably wouldn't even invest in the company if it wasn't for the quality of management, in particular the CEO's resume including his experience with Realtor.com)
3. No toxic financing and elimination of debt (self explanatory for anyone with any experience trading stocks on the OTC:)
4. Multiple shots on goal (with zero debt.. all the revenue generated from 3 IPOs will be even more powerful drivers)
5. Potential for being a long term success (Time is always a HUGE hedge when investing).. trying to "time" the market is never an easy thing.. so when you find a "real" company with great management with such huge upside potential, imo this gives me a higher comfort level to hold.
WDLF to me at this stage is a "longer" term hold. Swings don't worry me that much - in fact, I know I own the right amount of shares (for me) when I don't really care if it goes up or down - because if it goes down I see the "value" and add.. and if it goes up.. I just like looking at my account for that day:)
Very excited for 2021.. but I would encourage all longs to listen close to the most recent podcast, because this CEO has a long term vision:).. well beyond the next year or two.
Good luck to all WDLF longs.
Cy
This is my opinion.. please do your own DD.. this is not investment advice.. I simply try to find the best companies to put my
money.. and I post on boards where I either have an interest in the stock or own shares.
