InvestorsHub Logo
Followers 3
Posts 72
Boards Moderated 0
Alias Born 05/24/2011

Re: Pbm9Cje2n post# 1029

Monday, 03/03/2014 7:48:00 AM

Monday, March 03, 2014 7:48:00 AM

Post# of 13032
Valuation based Fundamentals don't look back but forward. Now I am not saying CANN in undervalued or overvalued. You need not look at the past filings 10k or 10q as that does you no good as it doesn't have the latest financing with Full Circle or what the company potentially does in the coming months. Even if it were overvalued fundamentally right now..what's to say it can't get even more overvalued by a factor of 5 or 10!!. As for your comment that there will run out of money wanting to invest in the space and then it will plummet...Think how many mutual funds; hedge funds ect want to get into this space(not to mention individual) investors...billions of dollars they invest ...now we are not even talking about the potential for non domestic funds worldwide...there is a very healthy capital pool looking for investments and there are a handful of real companies to be able to invest in. basic Supply and demand. So could this get crazy (or as you think crazier) my guess is yes
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CANN News