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
- GrowGeneration to Participate in the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference on September 12, 2024 • Business Wire • 08/28/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 09:00:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 09:01:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 09:00:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:27:24 PM
- GrowGeneration Reports Second Quarter 2024 Financial Results • Business Wire • 08/08/2024 08:05:00 PM
- GrowGeneration Schedules Second Quarter 2024 Earnings Release Conference Call for August 8, 2024 • Business Wire • 07/24/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 03:12:45 PM
- GrowGeneration Announces Second Quarter 2024 Preliminary Results, Strategic Restructuring Plan and Outlines Path to Profitability • Business Wire • 07/22/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:29:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:28:15 PM
- GrowGeneration to Participate in The Benzinga Cannabis Market Spotlight on June 17, 2024 • Business Wire • 06/13/2024 12:00:00 PM
- GrowGeneration’s Horticultural Rep Group Unveils B2B Portal for Hydroponic Retailers and Garden Centers Nationwide • Business Wire • 06/11/2024 12:00:00 PM
- KCSA Cannabis Virtual Investor Conference Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 06/06/2024 12:35:00 PM
- GrowGeneration to Participate in Oppenheimer's 24th Annual Consumer Growth and E-Commerce Virtual Conference • Business Wire • 06/06/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 09:06:37 PM
- KSCA Cannabis Virtual Investor Conference Agenda Announced for June 5th • GlobeNewswire Inc. • 05/31/2024 12:43:44 PM
- GrowGeneration to Present at the KCSA Cannabis Virtual Investor Conference June 5th • GlobeNewswire Inc. • 05/30/2024 12:35:00 PM
- 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
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM