InvestorsHub Logo
icon url

Lombardi

03/03/14 3:10 PM

#65581 RE: Lombardi #65580

Two more points.

The stock you mentioned with the large run (mjn#) is more a stock newcomers will buy before doing their DD. Once investors review the company and the surrounding issues, they dump and head on to the more stable Mj stocks such as PHOT.


Also, we are seeing an international scale of movement here. It's not just that some states in the USA are opening doors, it's that the world views of cannabis are changing rapidly. USA moving forward will influence more countries to do the same. Have you read up on Uruguay, Portugal and Canada?
icon url

wagonwheel47

03/03/14 3:18 PM

#65585 RE: Lombardi #65580

With the lack of any positive news, or for that matter the lack of ANY NEWS WHAT SO EVER out of the PHOT camp, what else besides historical data, here say, & assumptions do people have to go on?

Being a new sector you are correct, there is not very much historical data to go on either....

If there is no positive news between now and 3-31-2014 and again, the prospects of a positive earnings report being very slim...I hope the PPS is driven down to this 40% drop that is being talked about, prior to the release of the Q4/10 and then have it drop another 20% after the release, would not hurt my feelings.....Everybody (Yes, even you longs) keep talking about loading on the dips, what would be better than a 60% dip in the PPS.....Works for me!!!!!

Just gotta love pennyland the prospects of getting in again, on the bottom floor.....I may be able to buy a new truck to pull that new fishing boat.....LOL