[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 227 KB, 580x565, F16831A8-F983-411B-962B-D976DB5D8E92.jpg [View same] [iqdb] [saucenao] [google]
53587935 No.53587935 [Reply] [Original]

Seen a previous thread posted here about Red Light Holland

Thoughts on this stock

> liquid
> Launching brand with Wiz Khalifa
> Multiple revenue streams
> Shrooms

Discuss

>> No.53588130
File: 101 KB, 750x718, 1675625177636548.jpg [View same] [iqdb] [saucenao] [google]
53588130

>>53587935
people are seething about it and think its a bad idea which means we are still early.

its a fucking $30m market cap company thats in its very early stages and people are still saying its not a good idea lol. fucking midwits.

>> No.53588150

im going to laugh my ass off when these idiots miss out because of their misguided "logic" about why mushrooms will never make money. people said the same exact shit about weed in the beginning too.

>> No.53588156

>>53587935
Anon this is the ugliest chart I have ever seen. Ever heard of trading view?

>> No.53588178

>>53587935
Oh nice I saw it in a thread the other day and forgot to write it down. What was the name of the symbol for America for this again?

>> No.53588190

>>53588178

>What was the name of the symbol for America for this again

USA

>> No.53588198

>>53588178
$Truff in America

>> No.53588224

>>53588198
>>53588130
Oh duh I see it in the image there nevermind I'm retarded. Thanks.

>> No.53588233
File: 83 KB, 1080x902, 1675530379491212.jpg [View same] [iqdb] [saucenao] [google]
53588233

>>53588130
Anyone who knew about this and didn't buy is gonna be so fucking pissed lol

>> No.53588270

>>53588233
The sentiment I’m hearing about this as well— I’m playing the warrants atm

>> No.53588304

>>53588270
>I’m playing the warrants atm
whats that like options for small caps?

>> No.53588367

>>53587935
Is it true that this is the only rec shroom stock? There must be at least a few other ones right? I don't see how this could be the only one and have a wiz khalifa partnership and everything and still have such a small market cap. Are we just really that early or what?

>> No.53588377

>>53588367
Yes we are that early.

>> No.53588401

>>53588304
>whats that like options for small caps?
Yeah warrants are like options they are time sensitive the stock has to moon by a certain date or they go to zero. Very risky. You'd have to be very certain that the stock is going to move X amount by Y date. You can be right about the stock but wrong about your time frame and lose all your money. Warrants on a stock like this is some real degen shit.

>> No.53588469
File: 194 KB, 1255x1280, IMG_20230205_140617_872.jpg [View same] [iqdb] [saucenao] [google]
53588469

Why do these niggers have a lamp with a heart monitor hooked up to it

>> No.53588510

>>53588469
I think you are supposed to clamp it onto your dick and it gives you a penis massage and flashes lights while you trip on mushrooms. The goal is to ejaculate and have a seizure at the exact moment that you are peaking on your trip. It's the ultimate pleasure.

>> No.53588555

>>53587935
This is the worst TA I've ever seen in my life.

>> No.53588585

>>53587935
What is Bruce Linton's level of involvement with this company?

>> No.53588620

>>53587935
> Shrooms
you mean the things literally anyone can grow in a box under their bed?

>> No.53588654

>>53588620
>BTC
You mean the thing that anyone can mine on their computer for free?

Great argument

>> No.53588716

>>53588585
hes fairly involved from what i can tell. he has frequent meetings with the ceo and i think helped them get the medical license approval in canada.

>> No.53588770

>>53587935
If you're lucky it'll turn into a CGC tier company in the mushroom industry and it will do 100x. I think that's a fairly likely outcome, but on the other hand it might take a few years and by then there might be stronger competitors that emerge in the space.

>> No.53588791

I hold ATAI. What do you Anons think?

>> No.53588798

>>53588770
>there might be stronger competitors that emerge in the space.
yeah but they would be starting at a huge disadvantage. being the first mover in an industry is a big deal, and red light holland has been doing this for a long time. im actually really surprised that there arent any competitors yet.

>>53588791
biotech = garbage

also cathie woods is bagholding a bunch of it. anything she touches turns into a dumpster fire.

>> No.53588813

>>53587935
The initial pump was 2 years ago. This is just weed stocks 2.0

>> No.53588816

>>53588798
>cathie woods
Yikes. If that cunt invested in my company I would be pissed.

>> No.53588854

>>53588798
Yea I get that, but TRIP is also extremely speculative. I mean who knows if that company can survive over the next several years.

>> No.53588857

>>53588813
The initial pump was just a market wide pump in small caps. Shrooms never had a big run yet. It's a haven't industry. There's tons of shitty weed companies that have >$1b market caps. Shrooms has literally just this one company and it's worth $30 mil

There will almost certainly be a hype run in the psychedelics industry at some point

>> No.53588875

>>53588854
their cash burn is extremely low and they are cautious with spending. they are near profitability already with their other rev streams and they havent even begun selling shrooms in canada.

>> No.53588891

>>53588857
>It's a haven't industry.
It's a nascent industry*

>> No.53588900

>>53588875
Interesting. Where does their revenue come from primarily?

>> No.53588926
File: 80 KB, 1280x625, IMG_20230205_144524_309.jpg [View same] [iqdb] [saucenao] [google]
53588926

>>53588813
>The initial pump was 2 years ago. This is just weed stocks 2.0
Shrooms obviously never had their run yet. Look at the market caps on the weed stocks and then tell me that we aren't early.

>> No.53588936

>>53588926
Even if TRUFF hit $300m it would still be pretty early and that would be a 10x from where it is right now

>> No.53588997
File: 1.93 MB, 3024x4032, 562oh5o26xaa1.jpg [View same] [iqdb] [saucenao] [google]
53588997

>>53588900
they have a line of mushroom grow kits that they just released that they sell in grocery store chains across canada called Happy Caps. those are pretty big sellers. they are also partnering with wiz khalifa to release grow kits with his "Mister Caps" brand on them. i think they are expanding to the US soon with those.

they also are currently growing and selling psychedelic shrooms in the netherlands where its legal. they also own and operate some smart shops there (dispensaries)

then they have huge warehouse grows of legal mushrooms like shitake, lions mane etc in canada and some other places where legalization is likely to occur. those are generating cash flow and they will be able to convert them to psychedelic facilities after legalization.

they also have the wisdom truffle lamp thing that they developed. idk much about that but i think its being released this month. maybe there are some other rev streams that i am forgetting but they definitely have money coming in now and are growing their business

>> No.53589024

>>53588926
yeah we are way early. even $1000 thrown into truff and forgotten about will be worth a good amount of money in the near future imo

>> No.53589096

>>53587935
Wiz khalifa has like 10m shares. That nigger is going to pump the shit out of this thing. I wonder if he is subject to any sort of lock period for any of his shares?

>> No.53589145

Guys, this is a coordinated shill campaign - look at yesterday’s thread
>>53569229
Sage

>> No.53589177

>>53589145
The entire board is a shill campaign fucktard. Why do you think anyone ever posts threads about coins or stocks here? How fucking new are you

>> No.53589181

>wiz khalifa
nobody cares about wiz khalifa he was popular with the kids a decade ago
>claiming shroom stocks are similar to weed stocks
Weed stocks have performed like absolute shit forever top kek

>> No.53589191

>>53589181
they had a huge run during the legalization phase in 2016-2018. their market caps are in the billions. shrooms have not run like that yet.

>> No.53589213

>>53589191
why are you so desperate to shill this?

>> No.53589223

>>53589213
because i own some of it obviously. what are you retarded?

>> No.53589399

>>53587935
Why do you have the RSI and MACD circled? What site are you even using to chart this? Askjeeves?

>> No.53589548

I'm going to throw a little bit at this. I have some CYBN already that I've been holding for a few months. They have a lot of different pipelines of different drugs they are developing.

>> No.53589552

>>53587935
What’s the price predictions

>> No.53590178

>>53589552
$1,000,000,000,000 per share

Wiz khalifa needs his exit

>> No.53590211

>>53587935
I have 120k shares of this. It's been picking up steam in the past few weeks after bottoming out, I think it's going to break out soon. This month should be big for them.

>> No.53591607

>>53587935
I'm buying TRUFF tomorrow after seeing it shilled here so much and it hasn't mooned yet. Every other time I see shit shilled it's always already mooned. I'm going to buy it and then I'm going to join in the shilling. I'll eat sleep and breathe truffles until wiz khalifa makes me rich.

>> No.53591918

>>53589145
Think of it more as a sales pitch

>> No.53591987

>>53587935
TRUFF in the US

>> No.53591999

the fuck. canada is literally not even real