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jbsmither77

10/07/20 5:38 AM

#8980 RE: BestFishes #8979

BestFishes, I respect HD’s knowledge and reasoning but it make me cringe to read that you’re making your investment decisions based on posts from an Internet forum. I would encourage you to do your own research, read some of the company’s earlier news releases, their road map, compare it to other companies and make your own decision based on everything,

Hunterdog

10/07/20 7:36 AM

#8981 RE: BestFishes #8979

I have to say BF that I agree 100% with didint. My opinions posted here are just that. They are my opinions. Yes I think they are grounded in fact and are supported by my own research. But in spite of that, they are still just one man's opinion. NOTHING is a sure bet, especially in the stock market. There was a day that I bought YHOO at $163.00 / share and I just KNEW it was a sure bet. I rode it all the way down to $16.00 in one short year.

I suspect you've heard it already but don't ever, EVER invest money you can't afford to lose.

Yes, I am a huge fan of NGW and yes, I think the company has a bright future. But that future is not without peril. For instance, all things Cannabis are still illegal on a federal basis. Although highly unlikely, the Fed's could still swoop in and shut down "legal" grow facilities. I doubt a Republican administration would do that because of their long held "State's Rights" platform, and I also doubt a Democratic Administration would either because of their generally more liberal policies. But it could happen.

Then too, NGW is still a baby-young company and their market cap is considered to be micro-cap. That means they are a tiny company that is just emerging from their embryonic state and are only now taking their first tottering steps.

For me, I am aware of those potential pit-falls and am willing to take the risks I have. But also too, for me, if I lost my entire investment, it would hurt but I wouldn't miss a meal.

Every investment has it's risks and rewards. NGW is no exception to that.

Do I think NGW is a good investment? Yup. If I didn't I wouldn't have invested so much of my hard earned capital into it and I damn sure wouldn't continue to do so. But the key word here is I "THINK" it's a good investment.

So yes, I agree with didint. Do your own research. Don't rely on some message board.

To be clear, I am not in the Cannabis sector professionally. I don't sit on the board at NGW and aside from growing pot in my back yard after my time in Vietnam, I've never worked in the industry. Okay, I did support myself by importing a few keys at a time from Mexico in the early 70's. But that was just skunk-weed and my point is, I'm by no means an insider or an expert.

Do your own DD and if you then like what you see, then invest away. But know that there are ebbs and flows to the stock market. The Cannabis sector has been out of favor for some time now. I believe that has created some real buying opportunities and yes, I believe that these prices won't be seen again. But do your own research.

Best of luck to you. I hope you make a ton.