1st Food Group (FIFG)

[Hooparena]

Hi buddy, it is just the two of us here currently.

This stock is now a cannabis stock and the sector has been garbage for months and in a severe downtrend. I believe a reversal of the cannabis sector is near because many of the profitable cannabis stocks are trading at a incredible discount and value/hedge fund managers will realize what a opportunity they have for growth and increasing revenues. The USA cannabis stocks are the ones to invest in, not the Canadian ones. So we could see some a nice pop in FIFG with a good earnings report next quarter.

Why do I say FIFG is a cannabis stock? Because their basic business in the CBD chocolates now, not the lending tier business. Looking at the FIFG website and they have many cannabis stock prices scrolling their website so they are projecting their image into that sector.

While I would like to see a positive news release, I like that the company doesn't put out "fluff" press releases so I would rather have it quiet. It won't take much to get FIFG noticed if they can put together a profitable quarter and with the low stock float should provide a big run upwards.

This is a risky investment because if they never find the growth or earnings it won't probably go anywhere but there is little downside with a stock price this cheap. I like that the company doesn't dilute itself to pay bills so they watch their balance sheet carefully and they always file their earnings/paperwork on time.

So patience is needed everyday and an opportunity to add to your position at these prices if you choose to do so.