iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Bought $DTEA — In the Hopes The Board Demands Cannabis

This is a small position and one that I think should work.

Narrative:

Be a Canadian tea vendor whose stock price is a buck and change, stubbornly refusing to include the #1 selling herb in the world in your fucking herbal beverage chain. Plus, you’re based in Canada — land of the depraved.

Back in September of 2018, the stock exploded to the upside on rumors of CBD infused tea. Bear witness to NBEV, a stock I flagged very early on, which has since exploded to the upside. No one had NBEV before me, believe me.

This is literally a tale of two cities sort of shit. DTEA opted to decline embracing CBD and their stock fell 80%. NBEV sucked CBD cock. The stock has more than tripled since then.

Any questions?

If you’re on the board of DTEA — you fucking demand the company get involved and in a big way. Otherwise, the stock is going to zero.

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3 comments

  1. bronze28

    HEXO; Canadian MJ company a big holding by a major U.S. hedge fund looking to push for a sale of the company to max. “shareholder value.” just listed on NYSE last week.

    can we make money on this??

    https://www.theglobeandmail.com/cannabis/article-key-shareholder-puts-pressure-on-hexo-to-sell-amid-concern-over/

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  2. bronze28

    FLY; thanks for DTEA. ; A POS but could run for couple days.

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  3. bronze28

    last but no lease; ACREAGE HOLDING on the Canadian Securities Exchange; ACRG.U;

    A WHO’S WHO in the executive suite; ex Prime Minister of Canada; Brian Mulroney; ex Speaker of the House; John Bohner;

    THEIR TENTACLES WILL REACH FAR AND WIDE.

    https://www.acreageholdings.com/newsroom/2018/9/27/acreage-holdings-bolsters-its-board-of-directors

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