Very good points Goodspeed! Below is my personal position on the whole matter. I can tell you this for sure; I'm currently not a GRCU buyer and haven't been for 2-3 months.
I'm holding with a "wait and see" mentality and will chase to add if necessary. On one hand I can foresee a huge "OTC type run" based on the success of Jone's projected milestones and precisely timed with all these new MJ/MMJ laws being passed to improve GRCU'S business. I might sell some shares into that run if my patience continue to be tested. On another note I receive a SEP retirement bonus each year from my employer. It usually amounts to $13K-$15K and comes to me each March. Last year I invested that retirement SEP IRA into GRCU which in hindsight was a mistake because I bought those shares at a bit more than double the current PPS. I have another $20K invested in GRCU within my Etrade account at a much better average than my SEP account but still a bit red on that one as well. I was green for the longest time but of course false starts and Calkin's release, etc has brought GRCU down to th mid 5's.
With another $13K-$15K SEP bonus coming in 2-3 weeks; I currently don't have the confidence in GRCU management's ability to excite their market share whether it be exciting their products market or their investor market. I currently feel like I've invested in the "hear not evil", "speak no evil", and "see no evil" monkeys.
I'm very frustrated and constantly ask myself; "what the fock are their short and long term plans?" I've already seen "too much said" versus "not enough done" in the last 9-10 months. I hope that changes by June 30th if Dr. Jones can execute on what he proposed during his introduction PR. So I ask myself, "why would I buy in the mid to high .005's?" Why not wait for possibility of 4's or high 3's again while knowing all I know about this company and their style of communications and how long they take to get shit done! GRCU is doing an awful job at getting the word out! I'm not sure how low the PPS will retrace or maybe it remains stagnate for months? My gut tells me if Cruz witnesses it drifting too much lower than .005, he will step in and issue some sort of news to boost confidence whether fluff or not. If these weekly lapses in market communications continue to last then who knows what the PPS will do.
I'm holding with a "wait and see" mentality and will chase to add if necessary. On one hand I can foresee a huge "OTC type run" based on the success of Jone's projected milestones and precisely timed with all these new MJ/MMJ laws being passed to improve GRCU'S business. I might sell some shares into that run if my patience continue to be tested. On another note I receive a SEP retirement bonus each year from my employer. It usually amounts to $13K-$15K and comes to me each March. Last year I invested that retirement SEP IRA into GRCU which in hindsight was a mistake because I bought those shares at a bit more than double the current PPS. I have another $20K invested in GRCU within my Etrade account at a much better average than my SEP account but still a bit red on that one as well. I was green for the longest time but of course false starts and Calkin's release, etc has brought GRCU down to th mid 5's.
With another $13K-$15K SEP bonus coming in 2-3 weeks; I currently don't have the confidence in GRCU management's ability to excite their market share whether it be exciting their products market or their investor market. I currently feel like I've invested in the "hear not evil", "speak no evil", and "see no evil" monkeys.
I'm very frustrated and constantly ask myself; "what the fock are their short and long term plans?" I've already seen "too much said" versus "not enough done" in the last 9-10 months. I hope that changes by June 30th if Dr. Jones can execute on what he proposed during his introduction PR. So I ask myself, "why would I buy in the mid to high .005's?" Why not wait for possibility of 4's or high 3's again while knowing all I know about this company and their style of communications and how long they take to get shit done! GRCU is doing an awful job at getting the word out! I'm not sure how low the PPS will retrace or maybe it remains stagnate for months? My gut tells me if Cruz witnesses it drifting too much lower than .005, he will step in and issue some sort of news to boost confidence whether fluff or not. If these weekly lapses in market communications continue to last then who knows what the PPS will do.
