Monday, May 09, 2022 3:50:52 PM
Unless you were smart, read the fed, and rolled over near the top, most recent investors have become bag holders for years, which is how long it will take to simply recover most of this three/four week mass exodus selloff.
Risky growth assets such as this may never recover fully. My portfolio is full of them. I’m not selling now either, but I’ve been thru this before. In 2000, I had 500k left in a trading account filled with dot com names that I thought had to come back from a recent 50-60% decline. They didn’t. Most went to zero. Will that happen to so many new tech growth names that looked to be great companies moving forward but are now being decimated?? Only time will tell. But the likes of peloton, zoom, beyond meat, teledoc , palantir, data storage and security, fintechs, paypal, draftkings, cannabis growth models, as well as hundreds more, are clearly in a camp of uncertainty. They will need cash infusions at higher yields to continue to grow. Valuations will take a hit and the road to profitability will become murky. Expansion projections may come to a halt as a result. Tough times ahead for risky assets. Unfortunately for me, I’m over loaded in risky assets tied to growth models that are yet to be profitable. Fook the fed.
Recent GRWG News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 09:13:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:12:49 PM
- GrowGeneration Reports First Quarter 2024 Financial Results • Business Wire • 05/08/2024 08:05:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 06:04:44 PM
- GrowGeneration Announces Change to Board of Directors • Business Wire • 04/25/2024 12:00:00 PM
- GrowGeneration Schedules First Quarter 2024 Earnings Release Conference Call for May 8, 2024 • Business Wire • 04/23/2024 12:00:00 PM
- GrowGeneration to Participate in The Benzinga Cannabis Capital Conference • Business Wire • 04/11/2024 08:05:00 PM
- GrowGeneration Announces Share Repurchase Program • Business Wire • 03/25/2024 12:00:00 PM
- CORRECTING and REPLACING GrowGeneration Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter and Full Year 2024 Guidance • Business Wire • 03/14/2024 04:41:00 AM
- GrowGeneration Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter and Full Year 2024 Guidance • Business Wire • 03/13/2024 08:05:00 PM
- Mixed Futures Amidst Quiet Economic Schedule; Oil Prices Climb • IH Market News • 03/13/2024 11:03:39 AM
- GrowGeneration to Participate in the 36th Annual ROTH Conference • Business Wire • 03/11/2024 08:05:00 PM
- GrowGeneration’s HRG Distribution Enters Strategic Partnership with Quest Climate • Business Wire • 02/29/2024 01:00:00 PM
- GrowGeneration Schedules Fourth Quarter and Full Year 2023 Earnings Release Conference Call for March 13, 2024 • Business Wire • 02/28/2024 01:00:00 PM
- Drip Hydro Unveils Groundbreaking Powder Nutrient Line for Cultivation • Business Wire • 02/01/2024 03:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 09:59:54 PM
- GrowGeneration Provides Full-Year 2023 Guidance Update Ahead of the 26th Annual ICR Conference • Business Wire • 01/08/2024 01:00:00 PM
- GrowGeneration to Participate in the 26th Annual ICR Conference • Business Wire • 01/03/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/27/2023 11:34:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/27/2023 11:33:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/27/2023 11:32:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 09:29:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/15/2023 11:37:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 10:16:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 10:10:03 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM