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jmallen

03/24/15 5:43 PM

#4545 RE: Det_Robert_Thorne #4541

Greece PE of 2.3. Is that cheap YES! CANV PE 140 something. Is that high YES! Amazon in the 200's PE!!! Which is good stocks to be in next 2 years?

Let's see. IMO its not Amazon, that show already over. Cannavest although not a very good deal could grow massively over the next few years as they are in #1 position to take advantage of the new laws. Although, Greece Banks the cheapest PE on planet does that mean huge stock PPS increase? Maybe but you have the Euro exit risk.

Cannavest could be more profitable is they were in a race to gain market share. Spending available cash flow to fuel growth. Remember this company is Only a couple of years old and already has grown 100's of %. If it continues it will the business will be very profitable and worth lots of market cap! Like a baby Amazon was in the early days of Internet.

Anyway I am parked here to catch the up coming MJ explosion about to hit before Fall 2016!!!