Posted On: 06/18/2014 10:01:13 AM
Post# of 41414
Ben,
I agree with you that market cap will be the limiting factor, but I believe that market cap will be more important after the initial "pop" once everything really comes together. As you know, hype and exuberance can do wonderful things during a good run. I don't think that it will hit $1, but my opinion is that it will run to a point where it is way overvalued before it retraces to a point that more accurately reflects its value. As I've said before it will depend on how much HQ hypes this thing.
Many OTC scams ran huge this year - we actually have a real company with real assets and a real business plan - throw effective marketing in the mix and this could make those MJ scams look like peanuts. Of course, I am talking about the INITIAL price run, not where it will settle at.
LT recently said that he believes it will settle around .10, and I think that's fair after the hype dies down. I'm just hoping for some good irrational exuberance so I can sell a part of the position and ride out free shares for the long term.
I agree with you that market cap will be the limiting factor, but I believe that market cap will be more important after the initial "pop" once everything really comes together. As you know, hype and exuberance can do wonderful things during a good run. I don't think that it will hit $1, but my opinion is that it will run to a point where it is way overvalued before it retraces to a point that more accurately reflects its value. As I've said before it will depend on how much HQ hypes this thing.
Many OTC scams ran huge this year - we actually have a real company with real assets and a real business plan - throw effective marketing in the mix and this could make those MJ scams look like peanuts. Of course, I am talking about the INITIAL price run, not where it will settle at.
LT recently said that he believes it will settle around .10, and I think that's fair after the hype dies down. I'm just hoping for some good irrational exuberance so I can sell a part of the position and ride out free shares for the long term.
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