AC8 1.92% 13.3¢ auscann group holdings ltd

Chart & TA, page-118

  1. 287 Posts.
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    APT has a lot of revenue! What the hell are you talking about? Some companies may not make a profit but their revenue increase is phenomenal with that people are willing to pay to wait for a couple of years as these companies do unique things and have virtually no real competitors. Cannabis looks attractive at first because it is a restricted commodity by law so those who can get licenses look attractive at first. But now too many licenses are granted. One must remember that it's still weeds we are talking about. It's a not a rare black tulip! It's still pretty much oil extraction without much further processing into any proprietary compounds. There is no value-added with high sophistication beyond extraction and packaging.

    I don't worry about who buy the stock. Some may think it's cheap as only months ago it was close to $1. So they may think it is cheap now. The power of greed and dream is so big that defies gravity, for a little while The chart does not lie. Gravity is real.
 
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