• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

Hey Nerds: Blockchain

Bought back some TRUL at 32.09. Will buy more if it goes lower, but I sold everything I had at 32.50 so that was qutie the discount.
 
Pretty overweight CURA now. Banking on a big move there. May scale out early, we'll see. Today has been eye popping.
 
Thing about US Cannabis is that while the price action suggests a bubble, the earnings reports suggest value....so an actual bubble would see TRUL go to 50.
 
CH1 said:
Thing about US Cannabis is that while the price action suggests a bubble, the earnings reports suggests value....so an actual bubble would see TRUL go to 50.
Click to expand...
Exactly. And that's pretty evident when you see a lack of consolidation on these guys. The worst they do is sideways for a week or two. And then you get a TER type of breakout. No one wants to sell.
 
where else do you see industry leaders doubling their revenues year over year trading at P/E multiples in the teens? and this is with ZERO access to company friendly capital.
 
it's probably the biggest investment "offsides" I've seen in my life
 
Yup. Hard to not get wrapped up in the euphoria. I never bought it with LPs but I'm definitely going to have a harder time letting go of these names.
 
Preston said:
Yup. Hard to not get wrapped up in the euphoria. I never bought it with LPs but I'm definitely going to have a harder time letting go of these names.
Click to expand...

LPS never made a dime; still don't. all they had was first mover advantage -- like PETS.com.

But god bless their scandal ridden epic failures -- because it caused investors to discount the good stuff like TRUL, GTII, CURA so we could build positions
 
Today just screams end of week CURA blast off. Of all the MSOs they do it more than anyone else.. Just hilarious fucking rocketships in the last 15ish minutes of trading of the week. I'm not in them based on that... But I WILL bet on a laggard move on them, even if it comes next week pre-earnings.
 
CH1 said:
LPS never made a dime; still don't. all they had was first mover advantage -- like PETS.com.

But god bless their scandal ridden epic failures -- because it caused investors to discount the good stuff like TRUL, GTII, CURA so we could build positions
Click to expand...
Yup. Best opportunity of my investing life. It wasn't that difficult to see either if you ignore the noise. If Presto could figure it out, anyone can.
 
GTII is fucking blasting now. Fuck yes. The more I see these names move, the higher the upside is for CURA.


I BELIEVE IN THE LEAF
 
I'm not selling any of my core positions until every noob knows the difference between TRUL and Canopy.
 
Todd Harrison, notorious MJ homer, has held that mantra for awhile now. Do not sell core. Do not sell core.
 
Preston said:
GTII is fucking blasting now. **** yes. The more I see these names move, the higher the upside is for CURA.


I BELIEVE IN THE LEAF
Click to expand...

CURA obviously being held down by Leaf association. Need to change the name to Curajackets for immediate 10% pop.
 
Selling pressure on CURA is quite strong. They aren't the best value play in the space but they don't often (or ever) lag this far behind. I'm already up quite a bit on significant position and I'm not interested in scaling out yet. This feels like a gimme.
 
Oh and having cores in TRUL, TER and Thumb is a fun one too. Just fucking chugging the fuck along. Love. It.
 
Preston said:
Todd Harrison, notorious MJ homer, has held that mantra for awhile now. Do not sell core. Do not sell core.
Click to expand...

Unless the fundamental story changes, why sell?? Todd struggles with keeping the core..most of us do. Most of us don't hold stocks like SHOP from 50 to 1000.
 
You must log in or register to reply here.
Back
Top