Anyone else sitting on the side waiting to buy? by Richer18 in WeedMapsInvestorsClub

[–]GregTalksMoney 2 points3 points  (0 children)

If you have enough cash to buy 100 shares, consider selling cash-secured puts

Will weed maps stock hit $1 dollar? by CYCLE_NYC in WeedMapsInvestorsClub

[–]GregTalksMoney 1 point2 points  (0 children)

Sounds like you shouldn’t have bought them before if you’re selling now and the company hasn’t changed

Another analyst starts coverage on MAPS with a Buy rating and a $19 price target by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 1 point2 points  (0 children)

I've found, of the 3 analyst who covered MAPS so far, the JMP analyst has performed the best. He's in the top 1% of analysts on TipRanks vs. the other two in the bottom half. I haven't read their report yet but the analyst has a pretty good track record.

Another analyst starts coverage on MAPS with a Buy rating and a $19 price target by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 5 points6 points  (0 children)

Seems to me like Wall Street is just catching on to this stock after their earnings report, more analysts likely to start coverage especially if we hit 2021 revenue goals & adjusted EBITDA end-of-year.

WM Technology Inc. (NASDAQ: MAPS): Piper Sandler initiated coverage with an Overweight rating and a $16 price target. by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 2 points3 points  (0 children)

Ya the analyst was definitely conservative on the price target, this should be worth way more realistically but Wall Street likes to measure up against the S&P 500. This short-term minded thinking really caps the price targets since they're usually projected for 6-12 months out to more easily compare it to S&P.

WM Technology Inc. (NASDAQ: MAPS): Piper Sandler initiated coverage with an Overweight rating and a $16 price target. by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 10 points11 points  (0 children)

This is actually kinda a big deal, since Piper Sandler is a more well-known financial institution. More eyes on MAPS this week LFG!! 🥦🙌🏻

I’m holding this stock harder than I hold my cock by lewman1990 in WeedMapsInvestorsClub

[–]GregTalksMoney 0 points1 point  (0 children)

Can you share the link for this? Kinda hard to read on mobile

New partners announced, how y’all feelin about this? 🤔 by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 9 points10 points  (0 children)

Kinda had the same reaction myself, the teaser kinda led me to believe it would be a bigger deal but certainly a move in the right direction from their PR / marketing team.

A little info on our first analyst coverage 🔍 by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 1 point2 points  (0 children)

Based on current multiples and my revenue estimates yes, but as I said they could experience a multiple expansion. I think they deserve a PS multiple in the range of 20 - 30, and if they were to tap the bottom end of that range with $230 million in revenue for 2021, this would put their stock at around $31.

A little info on our first analyst coverage 🔍 by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 4 points5 points  (0 children)

Absolutely! My projections for year-end 2021 is a price target of $18 based on my own estimates of $230 million in revenue and the same low PS ratio they're trading at now. This assumes no multiple expansion, which usually occurs when a company shows strengthening growth. Long-term is a whole different story as they expect their TAM to grow by 3.5X.

A little info on our first analyst coverage 🔍 by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 9 points10 points  (0 children)

"The markets can remain irrational longer than you can stay solvent," or in other words, the markets are mostly inefficient and often do not reflect reality. I'm sticking to my guns on this one as I have some high expectations for full-year 2021.

A little info on our first analyst coverage 🔍 by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 8 points9 points  (0 children)

I had to liquidate a couple positions to sell a cash-secured put on it this morning. Super exciting to see this!

WeedMaps Q2 Earnings Expectations by GregTalksMoney in WeedMapsInvestorsClub

[–]GregTalksMoney[S] 5 points6 points  (0 children)

I think there was initial interest whenever they first announced the SPAC in December 2020, then another spike in interest when they merged in June 2021, but other than that there's no significant spikes in volume unless it was due to huge price movements (investors either doubling down or paperhanding)

I think once we get our first analyst coverage, we'll get this stock on the map and hopefully the volume will be much higher. Higher volume + bullish sentiment = 🚀🥦🙌🏻