DrStool Posted January 6, 2023 Author Report Share Posted January 6, 2023 Breakout preserved. Have a great strongend. Ciao. Link to comment Share on other sites More sharing options...
Jimi Posted January 6, 2023 Report Share Posted January 6, 2023 Do you dream of being a serious pot farmer? I mean... serious? Not some piker with a trailer up a forest road with 100 plants planned for the season.... Not even some piker with your permits and mixed-light greenhouse yielding 250 plants per season.... I. Mean. SERIOUS! Originally sold for a whopping $3.04m in April 2021, serial price drops now have an asking of $2.165m Quote There is currently a cannabis operation on the property. Use that or switch into another agriculture crop. Seller has decided it is time to sell this lovely location and has dropped the price. Priced to eat almost $1 million on a holding period of 22 months or whatever. Wow. Perhaps telling that the "pitch" entertains switching production out of cannabis. Symptomatic of the situation. There are more & more & more properties I don't bother to list. But this one is "different-industrial": https://www.redfin.com/CA/Rio-Dell/955-Dinsmore-Ranch-Rd-95562/home/179237922 Flood... fire-sales... one imagines next, jingle-mail..... Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2023 Author Report Share Posted January 6, 2023 4 minutes ago, DrStool said: Breakout preserved. Have a great strongend. Ciao. Not including the afterbirth. Link to comment Share on other sites More sharing options...
fxfox Posted January 6, 2023 Report Share Posted January 6, 2023 Do we have a posting climax here today? On a monster bullish day? Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2023 Author Report Share Posted January 6, 2023 National Institute for Cannabis Investors is apparently defunct. https://www.sitejabber.com/reviews/nicinvestors.com There's no longer a website. John Boehner is no longer the titular head. Boehner's Boner is no more. Link to comment Share on other sites More sharing options...
fxfox Posted January 6, 2023 Report Share Posted January 6, 2023 15 minutes ago, PullMyFinger said: How about 3 onside kick recoveries? Plus the announcers are a hoot. Awesome! 🤩 Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2023 Author Report Share Posted January 6, 2023 https://www.stockgumshoe.com/reviews/national-institute-for-cannabis-investors/ Link to comment Share on other sites More sharing options...
Jorma Posted January 6, 2023 Report Share Posted January 6, 2023 In lieu of investing in cannabis one might consider just lighting your money on fire. Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2023 Author Report Share Posted January 6, 2023 5 minutes ago, Jorma said: In lieu of investing in cannabis one might consider just lighting your money on fire. That's the Time Magazine Quote of the Year. Link to comment Share on other sites More sharing options...
fxfox Posted January 6, 2023 Report Share Posted January 6, 2023 https://en.m.wikipedia.org/wiki/Miracle_at_the_Meadowlands ah, that‘s about that fumble. I meant the comeback one: https://en.m.wikipedia.org/wiki/Miracle_at_the_New_Meadowlands 😎💪🏻 Link to comment Share on other sites More sharing options...
Jimi Posted January 6, 2023 Report Share Posted January 6, 2023 33 minutes ago, Jimi said: There are more & more & more properties I don't bother to list Some of these may repeat what I've previously posted here, but I have something like 2 dozen Redfin tabs open (not all about farms), and actually should restart my computer every month or something... so I am clearing books at the beginning of the year. https://www.redfin.com/CA/Douglas-City/1750-Indian-Creek-Rd-96024/home/62172443 https://www.redfin.com/CA/Bridgeville/39883-CA-36-95526/home/115732307 https://www.redfin.com/CA/Willow-Creek/78acre-Creeks-Rd-95573/home/183365123 https://www.redfin.com/CA/Hopland/12940-Adobe-Creek-Rd-95449/home/120112821 https://www.redfin.com/CA/Yorkville/32301-California-128-95494/home/179222169 https://www.redfin.com/CA/Lewiston/51-Twin-Oaks-Rd-96052/home/124394498 https://www.redfin.com/CA/Lewiston/231-Dead-Mule-Gulch-Rd-96052/home/124405806 https://www.redfin.com/CA/Hayfork/341-Buck-96041/home/183488014 https://www.redfin.com/CA/Myers-Flat/0-Dyerville-Loop-Rd-95554/home/183488000 https://www.redfin.com/CA/Hayfork/200-Quail-VLY-96041/home/183578280 https://www.redfin.com/CA/Hayfork/430-Trinity-Pines-Dr-96041/home/124383068 https://www.redfin.com/CA/Hayfork/2220-Post-Mountain-Rd-96041/home/124468608 https://www.redfin.com/CA/Hayfork/8021-Rattlesnake-Rd-96041/home/124440038 It's an economic fiasco to my eye - pretty sure all of these above were listed - or enjoyed a price cut - in the last 14 days. These properties were typically acquired in a different rate environment with a different set of return assumptions. Today, financing a property is far more costly at a moment when the returns to production have collapsed, and federal regulatory relief is off the table. 2023 will only bring more. Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2023 Author Report Share Posted January 7, 2023 Money Map Press was just starting the National Institute for Noneabis Investors while I was there. Didn't take long for it to disappear. But did you read the comments? The subscribers were not happy, to say the least. One referred to "Greg" as being sort of in charge of the pub. He was also my "handler." I called him, Hammer. https://www.stockgumshoe.com/reviews/national-institute-for-cannabis-investors/comment-page-1/#comments I checked in on my friends over there early last year, and was surprised to see that Mike Ward and Keith Fitz-Gerald were both gone. Mike built MMP from the ground up, although it's just one unit of Bill Bonner's massive Agora publishing operation. Mike was the show there. But the description of him in some the comments was pretty accurate, I think. Charming, aggressive marketer, lacking in any semblance of morality. The guy that took over for him, Bob Keppel, I always thought was too nice for that business. In fact, almost all the people I dealt with there were really nice, really smart people. Mike was very charming. Very pleasant. And very, very smart. I got to know Shah Gilani a little bit. I really liked Shah. Smart, always sharply tailored, well spoken, and usually on the right side of the market. Didn't know the others at all. My editor there, Liz, is still there. A brilliant young woman who was also very sweet. I really enjoyed working with her. Some of their newsletters that were there when I was, are still running. So those must be doing a decent job of subscriber retention through all the market's ups and downs. Apparently, they got the message on NICI too late. They jumped on a bandwagon to a smoky hell right at the high and rode it all the down the crash. Seems the management of the company got smoked. I'm surmising, of course. The newsletter business is extremely cutthroat. I wasn't cut out for it. But I enjoyed the experience, and learned a great deal. My work did not give them enough of a hook that they could promote. If it doesn't have the potential to make them millions, they dump it. I got dumped, mercifully. I went back to focusing on Liquidity Trader, Wall Street Examiner, and of course, my first love right here. It's better to do what you love, than merely work for money trying to fit into a scheme that may not be right for you. Then, when your time is up, you can go out like Sinatra. Yes, it was my way. Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2023 Author Report Share Posted January 7, 2023 I should add that while doing it "my way," my goal is always to help others through the lens of what I see. I know that there are some others in this business who feel the same way, but my sense is that we are in the minority. Link to comment Share on other sites More sharing options...
MisFit Kid Posted January 7, 2023 Report Share Posted January 7, 2023 21 hours ago, fxfox said: https://en.m.wikipedia.org/wiki/Miracle_at_the_Meadowlands ah, that‘s about that fumble. I meant the comeback one: https://en.m.wikipedia.org/wiki/Miracle_at_the_New_Meadowlands 😎💪🏻 The Fumble is why they kneel on the ball "if possible"....(Victory Formation) Now lets see how the Rules Changes for the Bills-Bengals "cancellation game" (AFC Play-Offs) change the WWE, ooops I mean, NFL..... >: Spiking the ball to kill the clock is not intentional grounding...... Link to comment Share on other sites More sharing options...
Jorma Posted January 8, 2023 Report Share Posted January 8, 2023 It's a peculiar way to look at it, but the Fed is losing control of long rates, to the downside. That's before there is a shortage of notes when the debt ceiling battle kick in and those are going to be epic. Well maybe they are happy with the 10 year around 3.5% and wildly inverted yield curve. I don't think short covering can explain T Notes yesterday. I was not kidding with my lead balloon question of last month, if we have hit the high in long rates on this cycle. I know all the reasons why not. Still... Link to comment Share on other sites More sharing options...
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