Hey Nerds: Blockchain

[LeafOfFaith]

What's the ticker on that one? Is it a real company or just a celebrity endorsed play?

 

[LeafOfFaith]

View attachment 8237

 

[Preston]

GRAMF. It's a real company; based in California. Margins suck absolute balls but the thesis is that can be improved as they scale. Hasn't been accomplished yet in California but they have a unique operation and their margins did get better with each quarter last year. That'll ultimately be what makes or breaks them because they pull in some serious coinnnnnn. Speculation that the Jason Z brand will be sold in NY eventually too. Lots going on. Meme stock potential, but a legit company that is trading at a ~1.5b market cap (EV of ~1b) and are likely to pull in close to 350m of revenue in 2021. No debt, lots of cash. Lots to like, lots to wonder about.

 

[CH1]

View attachment 8239

I can't control what Warren Buffett has to say

 

[LeafOfFaith]

GRAMF. It's a real company; based in California. Margins suck absolute balls but the thesis is that can be improved as they scale. Hasn't been accomplished yet in California but they have a unique operation and their margins did get better with each quarter last year. That'll ultimately be what makes or breaks them because they pull in some serious coinnnnnn. Speculation that the Jason Z brand will be sold in NY eventually too. Lots going on. Meme stock potential, but a legit company that is trading at a ~1.5b market cap (EV of ~1b) and are likely to pull in close to 350m of revenue in 2021. No debt, lots of cash. Lots to like, lots to wonder about.

You guys keep saying Jason Z. This is Jay Z, ya?

 

[CH1]

You guys keep saying Jason Z. This is Jay Z, ya?

No Jason Z is that Jewish guy that was in that movie Straight out of Compton

 

[CH1]

damn..he deleted his account

 

[Preston]

Isn't that what white folks call the famous rapper?

 

[CH1]

Isn't that what white folks call the famous rapper?

waiting for Meek Mill to sell his GRAM stake before I buy in

 

[CH1]

Found Preston's twitter account!!!!!

 

[CH1]

went long JMIA calls on AMZN takeover rumors

 

[LeafOfFaith]

What! It's not this one??

An Avocado (@an_avocadoo) / Twitter

 

[CH1]

went long JMIA calls on AMZN takeover rumors

got out of half

 

[LeafOfFaith]

New record hold time of 30 seconds. Bravo, my friend.

 

[CH1]

What! It's not this one??

An Avocado (@an_avocadoo) / Twitter

haha

but what led you there?

 

[CH1]

New record hold time of 30 seconds. Bravo, my friend.

Sir, this is my trading account

 

[LeafOfFaith]

haha

but what led you there?

Haha, since the theme of the day is gay (you started it), I literally just typed that in the search box on twitter and it was like the third one, and was immediately hilarious.

 

[LeafOfFaith]

Sir, this is my trading account

Does "went long" now mean something else too?

Don't go all hoard on me now.

 

[CH1]

my diamond hands are reserved for my RRSP holdings

trading account = what Reddit calls "toilet paper hands"

 

[CH1]

Does "went long" now mean something else too?

Don't go all hoard on me now.

I go long and short in my trading account