CH1
The Artist Formerly Known as chiggins.
how is that speculation any different than what we've all been discussing since Georgia
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- Thread starter zeke
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how is that speculation any different than what we've all been discussing since Georgia
CH1
The Artist Formerly Known as chiggins.
Totally get that...but I could swear Toddo has been reporting BoJo's confidence about incoming legislation.
Preston
MBow30 alt account
wolverine88
Active member
vff up 4% premarket
tlry up 10%
tlry up 10%
Preston
MBow30 alt account
Thumb starting to slowly nibble and penetrate California. Interesting decision as they are usually very strategic in where they expand and they aren't too big on having small presences in any state (other than Florida, which is an anomaly). When they go in, they go in hard. Clearly they feel it's about time to make use of some of their unused licenses and start building a brand in a state where building brands is everything. Plus we're starting to see California pivot a bit and become more and more profitable slowly but surely!
Tilly had some news. Doesn't matter how inconsequential it is as it was always goin gto cause a squeeze especially on a day where QQQ is booming.. Clearly they're making it a priority to go global. I don't mind it since it's probably their only hope of going big time. But they don't have the cash and profitability that Curaleaf does so those markets overseas better hurry up and get going sooner rather than later.
Tilly had some news. Doesn't matter how inconsequential it is as it was always goin gto cause a squeeze especially on a day where QQQ is booming.. Clearly they're making it a priority to go global. I don't mind it since it's probably their only hope of going big time. But they don't have the cash and profitability that Curaleaf does so those markets overseas better hurry up and get going sooner rather than later.
Preston
MBow30 alt account
Find it fucking hilarious that CURA has dropped 6% from where I sold the remainder of my position all because an interview ended on a particular mainstream network. I was going to keep some but I was like why? I know it's cratering as soon as this shit is over. Might as well dump it all. QQQ/SPY was dropping, MSOs were dropping all while CURA was pumping on the interview.. Easy decision.
CH1
The Artist Formerly Known as chiggins.
GME hit 300....from near bankruptcy to 20B company
CH1
The Artist Formerly Known as chiggins.
Preston
MBow30 alt account
Pretty comfortable with my Trulieve estimate the other day so that'll be better.. May even be the best of them all. Thumb and Cresco might be lowkey good too. Illinois had a lot of growth in Q4... But it'll definitely be muted compared to past quarters for both of them. AYR might have weak organic growth but the proforma numbers should jump off the page...
Good news is that expectations are lower now. I've always felt more comfortable playing the earnings ramp up than the actual earnings on MSOs. They historically never did much after they reported.. In particular, Curaleaf pretty consistently dumps the following day. Thumb is really the only one that tends to do well post report becuase they are classic under-promisers and usually crush expectations (doesn't mean they'll continue to do that.. the bar is far higher now as their market cap has exploded relative to others). But this is a new environment. We limped into earnings season so we're talking about a brand new, fresh, uncharted waters kinda setup.
Preston
MBow30 alt account
In any event, I think most kinda figured that q4 would be mehhhh. Seems like even Toddo keeps hinting at it and that guy thinks anything that MSOs do is worth a bajillion dollars. It doesn't matter because there's a clear path to growth coming in 2021 and beyond; it's more than just blind hope. The growth simply won't be linear and that's fine.
