Replies to post #68841 on Health Sciences Group Inc (HESG)

[SlickRick76]

Neo, i like your assessment on this. Your right, I think it's a combination of factors that are holding down this sector right now.

I have spent the last year day trading and made some good cash riding the regional banks up from the March 2009 bottom. I took those profits and put an all out wager on the MMJ sector about 3 months ago. Well as you know, that has been a downhill slide ever since....

My biggest bet is IMAI/HESG, and yes I too will be just waiting it out. For better or for worse (kinda like a bad marriage).

Thanks Neo for your thoughts on this - they are always good in my book.

[tommy 9 fingers]

Neo,

Great post, I think you captured the same points being made in the board rooms of big pharma and these little MMJ companies.

This really is the infancy of this sector coming to the public trading markets. These guys whether you like them or not are the one's settling the west, fighting the bears and the Indians so to speak. Some may be bandits and Mercenaries now, but even these types figured out at one point there was more money protecting settlers that robbing them, Take all the characters from the shoot out at the okay corral. These are the true High risk takers and if you think about it this market will initially only attract these types of personalities, for examples Bruce a high risk taker who paid in time for his risks early on in his career and even Tom Gaffney is a risk taker because I am sure there are some here who would like to do him harm..LOL.. and even us the high risk tolerant investors.

This is not to forget those risk takers that came before them that have paid with time in their advocacies or time spent in jail for operating under current state laws that were swallowed up by the overreaching powers of Federalism in this country. But this is the way of America is it not. We don’t remember the names of those who actually did the true work that settled the west, only those who made a big splash doing it. Say John Sutter or General Custard for example who turned out to be more of an idiot than a true hero..LOL … Really 700 hundred soldiers versus 7000 Indians and he decided not to retreat…LOL … yet somehow history remembers him a hero simply because the military didn’t want to acknowledge the madman in their midst.

All the points you made is why Big Pharma still sits on the sidelines, they will let all these current players muck in the mud to see who eventually evolves to emerge from the pool and walk on land. They will wait to see if the volcano of conservatism erupts to rain down lava and wipe out this tide pool from existence and then see if another tide pool generates life that evolves into a viable business. They wait and watch and learn from what these guys do and don't do. Hopefully we have picked one of the slugs that evolves into something not so slimy.