Yes a disappointing day but DPWW rebounded nicely. It’s just the shorts doing their thing and most likely DPWW taking some $ for future moves. I’m not giving up on this now. I’ve been along for the ride for almost 3 years.
I still feel confident that the company will prosper due to:
1. Legalization - Mexico, New Mexico and other West / Mid West states
2. Partnerships expanding with Cookies and other weed companies.
3. On line sales. They now offer other products and they invested in a much better website.
4. Expansion of locations through merger or acquisitions
5. Eventual tax benefits from the current administration
6.,Reduction of debt. They recently showed great progress in that area.
7. Making Diego a “household” name brand for Weed. Sell the name to a larger weed company but get additional investments to open up Diego sites nationwide. Premium product, prestigious stores.
8. Ability to tighten to spending the past few years, show profitability.
As you can tell, I’m pretty excited about the future. Sure there are bumps along the way but I feel strongly that many of the above will happen in the foreseeable future.
No I’m not talking this up so I sell at .20. I think will the right moves and smart leadership, this can be a $10 stock in 2 years if the right decisions are made.
Take care everyone and good luck.
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