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Preston

The Artist Formerly Known as Goldust
Bailed on C21 and most VEXT. Got nice moves on them.
Bailed on Cresco at 15 flat.
Trimmed more Thumb at 36.99
Bought some AYR just now at 33.60.

TLDR: Dead cat central in Presto's opinion. But I shuffled out of some of the bigger movers today to get diversified and take positions in some flatter names. First active day in a long ass time and it was luckily very successful!
 
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Preston

The Artist Formerly Known as Goldust
Still not counting on it anytime soon but if nothing changes legislatively in the next 3, 4 years I don't think I care. Our MSOs are a near lock for ridiculous growth over the next 3, 4 years. The floor for these stocks will continue to get higher.

But fuck me the ticket is still the uplist. Hurry up with that.
 

Preston

The Artist Formerly Known as Goldust
But then I felt that way for the last 2-3 years and waiting has paid pretty well. Maybe I'm just greedy!!
 
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CH1

The Artist Formerly Known as chiggins.
market is on fire today (as I expected, these Biden taxes algo raids are the new Trump tariff one day dives...I caught some of the move...but I should have been more aggressive given my expectations)

but my point is, these pot stocks can barely hold on to gains on a bullfest like today. frustrating end to the week.
 

Preston

The Artist Formerly Known as Goldust
Sector is dead. SAFE is dead and unlikely to get to a vote without Chuck's legalization thing attached. The broad reform/legalization thing is purely political and complete nonsense. Chuck KNOWS that he doesn't even have enough DEM support for it, much less Republican.

WASHINGTON. IS. BROKEN.


But all this means fundamentally is that MSOs will continue to grow and become absolute monsters.
 

CH1

The Artist Formerly Known as chiggins.
Sector is dead. SAFE is dead and unlikely to get to a vote without Chuck's legalization thing attached. The broad reform/legalization thing is purely political and complete nonsense. Chuck KNOWS that he doesn't even have enough DEM support for it, much less Republican.

WASHINGTON. IS. BROKEN.


But all this means fundamentally is that MSOs will continue to grow and become absolute monsters.

they are trying to solve too many issues at once (typical DC stakeholder shit) --- social justice, decrim, banking, uplisting, state rights, etc

Honestly, I don't even care if uplisting is last...I just want to see them keep the chains moving
 

Preston

The Artist Formerly Known as Goldust
Yeah long-term they don't need any of that. I would prefer SAFE and removal of 280e because it would help them a lot operational in terms of access to capital and cash flow. But otherwise, the less hands in the pot, the better. Give them another 3, 4, 5 years of the moat around their business and holy fuck that will be interesting to watch. As I said, the SP floor should increase slowly over time as we've seen. GTII used to base at around $10 before their blowout 2020. I don't think we'll see those levels again barring a crazy market death. But they won't bubble until an uplist. Meh. Guess Presto won't retire from stonks for awhile yet. I'm still in it for that moment.
 

Preston

The Artist Formerly Known as Goldust
I do expect a little move leading up to earnings in a few weeks. I plan on increasing my position sized by the end of next week. GTI, Curaleaf and Trulieve all reporting back to back to back. Should create some hype. But it'll be short-term stuff most likely. We priced in a lot of good stuff with the GA runoffs and now thsoe things aren't happening anytime soon. Stocks are gonna pay for it.
 
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LeafOfFaith

Well-known member
Market has never bored and annoyed me as much as the last month or two. Better than when it outright scares the shit out of me, but still, not the fun times it used to be.
 

Habsy

Yes, I'm kidding people.
Staff member
Yo drug followers @Preston @CH1

In the mood to try a new dispensary. What should I try?

already done

Curaleaf
Trulieve
Liberty
Vidacann
Rise
 

CH1

The Artist Formerly Known as chiggins.
So they were offered a >3 bagger return but they still said no....greedy mofos

Screen Shot 2021-04-24 at 6.57.30 PM.png
 

Preston

The Artist Formerly Known as Goldust
Yo drug followers @Preston @CH1

In the mood to try a new dispensary. What should I try?

already done

Curaleaf
Trulieve
Liberty
Vidacann
Rise
Columbia Care if any are nearby? I've heard their dispensaries and branding are weak but I can't think of any others!!! You've been to thumb, Cresco, trulieve and Curaleaf owned places already. Those are the top companies on the planet.

/No position in Columbia anymore
 

MSOS

Member
Sector is dead. SAFE is dead and unlikely to get to a vote without Chuck's legalization thing attached. The broad reform/legalization thing is purely political and complete nonsense. Chuck KNOWS that he doesn't even have enough DEM support for it, much less Republican.

WASHINGTON. IS. BROKEN.


But all this means fundamentally is that MSOs will continue to grow and become absolute monsters.
Mr. Cobb strongly disagrees!


#TeamCobb #WashingtonIsFIXED
 
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