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TrumpsVP

09/01/18 5:33 PM

#96517 RE: 09dollasign #96516

Not gonna lie... I’m a grown a$$ man with 10 years experience in the market... yet I’m straight up GIDDY about the coming weeks!
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worldisfullofDerps

09/01/18 5:38 PM

#96518 RE: 09dollasign #96516

I, too, anticipate there are several funds entering, those who haven't been able to touch this sector due to qualification requirements. Funds won't touch certain stocks that are below a certain PPS, let alone a company whose products are deemed federally illegal.

Not only will the Mutuals, IB's, and VC's be entering by the twos and threes, but we have to account for the several thousand new retail investors tuning into the "booming" industry, some who could also have felt reluctant to enter due to legal status, until they wake up some day soon to realize hemp is an entirely legal crop to grow and sell across the entire country (one state - California - being a top 5 ranked GDP globally.)

I see guys here talking 800k, 1M, 1.5M shares... but think about the hundreds or thousands of guys holding 50-100k, and probably a majority of those types still haven't gotten in yet.

But yeah, if a juggernaut like, say, Berkshire Hathaway felt inclined, they could scoop up a hemp processor fairly easily, and simply laugh at the "billions and billions" of shares they control.
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Longstrongsilver

09/02/18 8:34 PM

#96532 RE: 09dollasign #96516

Especially since there's only 754 million shares issued with a market cap of just over 28 mil