Here s the argument to support everything I been saying If grwg is paying 3.5 price to sales for a non publicly traded company . Then what would a company pay for grwg ?. Grwg is 2 x price to sales and Is a publicly traded company and is grwg rev 66 percent . So what is grwg worth in a buyout . 8 x 10 x 15 x sales ???.
Anyway I see the board is worried about the shares increasing to the owners. Did anyone know the more the owners own more shares the more It Attracts institutional buyers . They want to see insider confidence. Increasing shares is like insider buying . Owners Take shares instead of cash . The reason for low share count by owners in the past , hydroponic was not a great business . Now it is so time more shares by the board and owners . That's how wall st works . Does not hurt the stock Bc it such a small Percentage to the growth rate of 66 percent .
Insider Selling occurred when Covid 19 hit the USA in feb . I'm sure who sold then are sorry they did Bc Since then we doubled .
Here s the argument to support everything I been saying If grwg is paying 3.5 price to sales for a non publicly traded company . Then what would a company pay for grwg ?. Grwg is 2 x price to sales and Is a publicly traded company and is grwg rev 66 percent . So what is grwg worth in a buyout . 8 x 10 x 15 x sales ???.
Anyway I see the board is worried about the shares increasing to the owners. Did anyone know the more the owners own more shares the more It Attracts institutional buyers . They want to see insider confidence. Increasing shares is like insider buying . Owners Take shares instead of cash . The reason for low share count by owners in the past , hydroponic was not a great business . Now it is so time more shares by the board and owners . That's how wall st works . Does not hurt the stock Bc it such a small Percentage to the growth rate of 66 percent .
Insider Selling occurred when Covid 19 hit the USA in feb . I'm sure who sold then are sorry they did Bc Since then we doubled .