Replies to post #244979 on Blum Holdings Inc (BLMH)

[greens12]

Support at .35 then .30 , but IMO the stock is going much higher to the .50 - .70 level in January.

All we need is a couple strong PR's about CA operations hitting stride and some New Jersey Greenhouse News and things will get really Hot.
.

[BigD_McGee]

Good post. Watching this board daily for more than 3 years you see a lot of tendencies by certain posters at certain times. You learn who are traders and only post in hopes of improving buy or exit points. Fascinating in many ways. Infuriating in other ways. I will say this, anyone who was worried about form 4's when this stock was sitting at .20 missed a helluva nice run.

[Investorhawk]

Thanks for the insight. I respect your perspective. Regarding the way this is trading I realize we all have different strategies to determine what a company is worth to us and formulating entry/exit points accordingly. I can't help but notice how so many of these companies are trading at ridiculous multiples of annual revenues.

Take for example Cannabis Sativa (CBDS). Unless I am looking at the wrong financials, they pulled in maybe $127K in revenue for the last four quarters combined. Yet their market cap is over $136 million which means they are trading over 1,000 times revenue. In comparison TRTC with its projected $40 million annual revenue for 2017 and current $357 million market cap is only trading at a little under 9 times its revenue. TRTC has a lot more going for it than CBDS. If companies like that can trade at 1000 times revenue then I don't see how the SP for TRTC cannot go much higher. That's my two cents and like everyone else I don't hold the crystal ball for predicting price movements. Just my perspective.

Happy New Year to you!