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Re: EODparty7 post# 81146

Friday, 02/14/2014 1:12:02 PM

Friday, February 14, 2014 1:12:02 PM

Post# of 194796
I ignore the stock's week to week and month to month movements entirely. It is is irrelevant to me. I buy into penny stocks which I see long term potential in and then I let them develop over the subsequent few years and do their thing. I started buying in here in early 2011 and was buying .001s when arms were flailing in the red, similar to how they do on expected down days like today. I just take advantage of down days and am thankful for them because I am confident that the long term is miles up from here. The license has been stated to be expected in April, although rumors that things could be moving faster are floating around since Bill did say he is expediting the build out for sooner license approval. Last week he mentioned that he wanted it within 8 weeks. As we approach that deadline, and especially after license is announced (and especially if earlier than anticipated), there are going to be alot of disappointed premature sellers. Many big buyers are waiting for official license. However, if you put the pieces together and look at the competition of the limited approved Canadian growers thus far, IMO I don't see any possible way that the license will not be granted. The major hurdles are done, just a formality at this point. That's why smart ones are buying before official license approval, and taking advantage of down days:)...

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