InvestorsHub Logo
Followers 11
Posts 3450
Boards Moderated 0
Alias Born 11/07/2018

Re: GE_Jim post# 15990

Friday, 12/02/2022 8:24:49 AM

Friday, December 02, 2022 8:24:49 AM

Post# of 18509
Probably. SWAG. Legislation will prove me right. Unfortunately we are all captive by our Congress/Senate lack of action. Things are headed in the right direction. I agree with the five card analogy with most stocks, TCNNF just doesn't meet that criteria in my mind. The one reason is that there are very few stocks if any that rely on legislation determining their future. I mean look at Amazon or Apple. I don't think their fortunes are based on any pending legislation. While legislation can effect them, it is not a make or break situation and wouldn't have the same impact on them. I do look at earnings, store openings, insider buying expansion and the company story etc, but since charts do not predict legislation I will pass on that idea. While l don't think legislation will make or break TCNNF at this point, it would accelerate rapidly their stock value. I don't think you can say that about many other stocks. TCNNF is a different animal in the stock investing universe.
Bullish
Bullish