Jimmy Mengel’s streaming model pot stock
by saint stephen | December 25, 2017 3:45 pm
What is this stock Jimmy Mengel[1] says will make Rothschild wealth? What is this so-called streaming model stock? I diversify so I probably already own it, but I wonder what he’s talking about.
Endnotes:
- Jimmy Mengel: https://www.stockgumshoe.com/tag/jimmy-mengel/
Source URL: https://www.stockgumshoe.com/2017/12/microblog-jimmy-mengels-streaming-model-pot-stock/
He’s been talking this one up since last Spring, when it first started trading — we covered it originally here, I like the model but whenever I’ve actually looked at the details of the stock and it’s business the valuation has been crazypants… here’s that initial article from last year: https://www.stockgumshoe.com/reviews/marijuana-manifesto-the/tiny-pot-stock-to-surge-on-new-streaming-model/
The fact that the valuation is crazy hasn’t stopped it from going up, incidentally — it’s up 50% or so since that article appeared, and has been particularly adored of late, the stock has almost tripled in just the past few weeks.
The streaming company is Cannabis Wheaton Income (CBWTF) http://www.cannabiswheaton.com