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MartyTamreau

10/28/16 9:57 AM

#6854 RE: Value_Investment #6847

VI: while I hope you are right, really, but I'm skeptical (of the magnitude/speed), and think we are being caught up in what Greenspan called irrational exuberance (I may be dating myself). I am reasonably sure that many states are going to vote for easing MJ regulation and that should be good, hopefully very good, for CVSI. But I keep seeing poster say 1,2, 5, and 10 bucks within a short period of time. What is the justification? Is the stock value really going up 2, 5, and 10 times its current (unreasonably low) valuation. Thanks to my own DD, but more so the great DD on the part of posters, I am confident this is one of the best stocks to be in, and I have invested a disproportionate amount of my investments in it. I don't worry about fluctuation because I believe in the fundamentals of the company, and I think they have the right management. Hell, if this thing hits 10 in the next year, I'm into early retirement, for sure. But I suspect that this will simply grow consistently, based on products, sales, EBIDITA, etc. When it grows too fast, the MM's will tamp down our enthusiasm until they can make some grubby money with their small hands, and go play golf with their fellow small-handed MMs. And it doesn't matter if we have a much better spreadsheet and product mix than a company trading 10 x us. All that matters is what the street believes about us. I am not selling a share (except the ones I have in my son's 529, and only when the bill comes). Good luck to all. It's Friday, we're invested in a great stock. Have a great WE. MT