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In Plain Sight

10/25/22 11:41 AM

#18465 RE: damAcon1 #18455

A little luck and an additional team of eyes never hurts when avoiding the mean while seeking the Alpha. Thoroughly enjoyed, thanks. Reminds me of why we are here!

Looking at a chart (since a topic of interest) it seems the stock is revisiting a resistance level at 1.40 for the 4th time in a month-long span. Retrace has been decreasing each time and reminds me of a spring. Probably needs a catalyst to push higher. Would prefer company specific news vs political to maintain a differentiated approach's merits. In the last 45-days.. Bought 2-CO stores. Opened 2-NM stores (Ruidoso and Clovis), awaiting the opening of 2 more (Los Lunas and UNM) are hiring for 2 more (Sunland Park and Alamogordo) Positioned the team. Building out mfg facilities (Lightshade/MMT products + Lowell additional launch I imagine there somewhere) Now are awaiting Q3 results. I see tangible progress. The stock...has a lot of catching up to do. When one realizes the only companies that are accomplishing anything as significant on a limited timeline that are similar are limited to Top Tier II/Tier I's, to me, that is significant and tells me the stock is undervalued by a multiple of at least 2x now based on demonstrated activity and progress (growth). But that's debatable in a market herded by the unkind (no pay as we go) bro squad. Lol!