Replies to post #7605 on Next Green Wave (fka NXGWF)

[Hunterdog]

Agreed Harpo. I added yesterday and I'm thinking about shooting some poor performing ETF's I've been sitting on in order to free up some more cash.

But whether I do or not, this thing is headed up. Profit always, ALWAYS attracts buyers. Profit reduces the cost of doing business (since the company will be able to fund operations without taking on debt of any sort). Profits will enable the company to expand. That expansion may be through buying other, struggling facilities of building additional structures in Coalinga. Either way, expansion means more Rev's. More Rev's should equate to more profit. Lastly, profit attracts deep pocketed buyers looking to get into the sector. Let's face it, EVERYTHING is for sale at the right price.

The dark days of 2019 are behind us. The investing community is beginning to warm-up to Cannabis stocks again. Sales are through the roof.

PROFIT - PROFIT - PROFIT.

[Baller1]

I like your math but I would suggest two tweaks.... (1) the $1.2M doesn't consider income taxes that they would need to pay and (2) I think your P/E ratio of 10 is very low for a high growth company in a compelling industry. I think 25 would still be very conservative but a good starting point. These two changes would mostly offset one another but will help in the modeling going forward.