InvestorsHub Logo
Followers 6
Posts 1063
Boards Moderated 0
Alias Born 03/30/2015

Re: damAcon1 post# 13563

Monday, 10/04/2021 10:35:14 AM

Monday, October 04, 2021 10:35:14 AM

Post# of 21340
Here is my 2 cents on things...

I have never owned a company as greatly run and now profitable as SHWZ and be unnoticed. Selling at these prices is insane but understand how some would want to take stock losses for tax purposes. If you sold now and a new acquisition or a great earnings press release from SHWZ could lead to a runaway train and you could be chasing to get back in.

The cannabis sector sucks and the stocks have been getting hit badly these past few months. Based on the action this past week or so, it appears we might have finally bottom in the sector. The market is getting hit again hard today and the cannabis sector seems to be holding the flat line.

In my opinion, the sector has been getting crushed because no SAFE banking act or legalization bill has been passed. But the amazing thing is that SHWZ is a same state operator and Dye has SHWZ crushing it in Colorado so if no bills get passed, SHWZ should whether the storm well. SHWZ is profitable and has cash to get things done so it is not struggling for money so it doesn't need the SAFE banking act but it sure would help if it was passed. Dye's firm could put up more cash or he has enough connections that would probably come through with investment cash if needed.

Holding this stock has been a extreme frustrating experience but definitely worth holding. When this stock does take off, the % gain should be a substantial bigger mover than other companies in the sector since SHWZ is one of a few cannabis companies that is profitable.

I will wait it out for as long as it takes. Fundamental profitability is what grows a stock price sometimes it just takes longer to get there and patience is needed.

GLTA
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHWZ News