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axlsalinger said:
What is the story with TGOD, why is it so cheap?
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Turnaround story

Shit financials and chronic disappointment...but products (all organic) are well received, and getting more and more shelf space.

It's bottom of the barrel in terms of my folio makeup (13th out 13 holdings), but it's so hated (see Presto's post above) that I think it goes up.
 
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If we can turn Habsy into a green organic Dutchman, we all buy stock, get Teeds connections to short it, and turn FI into a stoner Reddit to promote it!
 
Presto is doing a flip flop. I'm not watching that video but if they legitimately turned into an actual business after all these years I guess you can maybe say they have limited downside.


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full disclosure: I didn't make the video. I couldn't even get thru 45 seconds of it as a viewer.

But I did buy the stock today
 
Didn't they devestate their share structure back in the day when all the Canadian plays were getting loaded up with cash?
 
Man... This is giving me an aneurysm sorting through all of this. Long gone are the days of them having a 400 million dollar war chest and zero debt. Now their market cap is around half of that and they keep going to the well to get more cash every couple of months.

Trending in the right direction though with their last earnings and maybe those folks are right that they'll keep it up. I'm gonna pass though. That is one messy looking company. Too many good ones around for me to give them a look personally. If they can reach cash flow positivity in the next few quarters I'll give them another look, but I hate seeing cash burn for a company drowning in debt.
 
Seriously, all the dilution they've done under $1 is making my head spin. Plus warrants. Plus debt. Their appeal back in the day was their flawless balance sheet. Man, what a disaster.
 
Preston said:
Man... This is giving me an aneurism sorting through all of this. Long gone are the days of them having a 400 million dollar war chest and zero debt. Now their market cap is around half of that and they keep going to the well to get more cash every couple of months.

Trending in the right direction though with their last earnings and maybe those folks are right that they'll keep it up. I'm gonna pass though. That is one messy looking company. Too many good ones around for me to give them a look personally. If they can reach cash flow positivity in the next few quarters I'll give them another look, but I hate seeing cash burn for a company drowning in debt.
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they had such an amazing start...killer IPO and I think they hit 2B C$ market cap at one point.
 
for the record: I am not recommending anyone buy TGOD. I consider it my waiver wire pickup.

VFF is the only Canadian play I recommend
 
CH1 said:
did you ever get a chance to look at RIV?
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I have. I like them. Just realllly fucking distracted with MSOs because of my obviously strongly opinionated thesis on them (and I don't think RIV or anyone else in the sector matches their potential upside). Happens sometimes with me; I get satisfied with my performance so I'm complacent and miss out on opportunities. Also never been one to over-diversify my pot stocks. Like to keep it simple and don't mind missing a few. I'm still considering it though... Price hasn't gone anywhere so we'll see.
 
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More importantly, is the $GME era over? Tanking here. Told you the show dragged on, but if it finishes with an infinity squeeze the dry, lengthy dragged on middle was probably worth it.

Not counting on it though...
 
Preston said:
More importantly, is the $GME era over? Tanking here. Told you the show dragged on, but if it finishes with an infinity squeeze, the dry, lengthy dragged on middle was probably worth it.
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It all depends when you got in, I suppose. Wasn't it trading at $80 last Tuesday? Now 183.
 
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