you know 50 and in some cases even more |
3.92 |
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liquidity is first and foremost while |
3.52 |
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said they were the first ones out of the |
3.68 |
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gate first |
3.76 |
Jump to 272.24 |
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but the micro caps were the first ones |
4.24 |
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rates for the first time and that kind |
4.0 |
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first is is get that selling pressure |
3.359 |
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outperform the big caps in 22 starting |
4.721 |
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it's 20 22. okay |
4.799 |
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2020 and february of 21. potentially |
5.44 |
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things are down like you know 75 percent |
5.201 |
Jump to 743.279 |
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but they're still buying back about 40 |
4.24 |
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|
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billion dollars a month in |
3.841 |
Jump to 776.639 |
|
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market so they were you know at 80 |
3.68 |
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billion so they're taking out less but |
2.719 |
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that's one of the things that the market |
4.08 |
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seven i think it was you know the money |
3.92 |
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when the 10-year treasury yield has gone |
4.56 |
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up a full you know one percent or a |
5.68 |
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hundred basis points what happens with |
6.161 |
Jump to 848.959 |
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probably three instances of that where |
5.359 |
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for the in 22 they should be looking at |
4.8 |
Jump to 872.8 |
|
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will outperform 20 it's got to happen |
5.44 |
Jump to 882.0 |
|
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do you think will do best in uh 22 |
6.401 |
Jump to 949.279 |
|
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in really combination of those two |
3.919 |
Jump to 971.6 |
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move the needle and that's one sector |
4.399 |
Jump to 985.68 |
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it also tends to be one that there tends |
3.44 |
Jump to 990.079 |
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in that sector as well so that's one |
4.481 |
Jump to 1006.079 |
|
|
20 years of history |
5.279 |
Jump to 1034.16 |
|
|
you know roughly from 2000 to 2010 we |
5.679 |
Jump to 1036.16 |
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|
2010 to |
6.08 |
Jump to 1041.839 |
|
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2020 we were out of that commodity cycle |
7.081 |
Jump to 1043.799 |
|
|
are two sectors that'll have tailwinds |
4.24 |
Jump to 1070.559 |
|
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then you know they kind of have two |
3.839 |
Jump to 1126.72 |
|
|
that was one of your holdings you know |
3.44 |
Jump to 1143.84 |
|
|
on our radar and it's one that you know |
3.279 |
Jump to 1165.28 |
|
|
here in in 2022 and you know that's one |
5.04 |
Jump to 1185.84 |
|
|
you know a month's time or five months |
2.96 |
Jump to 1195.12 |
|
|
one of them is that we use um you know a |
4.961 |
Jump to 1239.039 |
|
|
we've talked about in the first |
3.12 |
Jump to 1275.36 |
|
|
drop by fifty percent and you know we |
3.681 |
Jump to 1389.039 |
|
|
he raised about 150 million dollars and |
4.32 |
Jump to 1478.08 |
MONEY
about 150 million dollars
|
|
done he sold it for 1.6 billion so you |
4.72 |
Jump to 1482.4 |
|
|
know that's a good 10 times return on |
3.52 |
Jump to 1485.12 |
|
|
this year we want to be at a 40 million |
2.719 |
Jump to 1516.08 |
|
|
they ended last year 40 million |
3.839 |
Jump to 1530.72 |
|
|
about 33 in the in the final quarter of |
6.321 |
Jump to 1534.559 |
|
|
when it first started trading i think it |
3.439 |
Jump to 1542.48 |
|
|
traded about as high as a dollar 20 and |
3.52 |
Jump to 1544.24 |
|
|
now it's 60 cents |
3.521 |
Jump to 1545.919 |
|
|
done maybe four acquisitions by the end |
4.319 |
Jump to 1562.96 |
|
|
how many what's the market it's about 40 |
4.799 |
Jump to 1570.88 |
|
|
million so it trades at about one times |
5.76 |
Jump to 1572.64 |
|
|
its sales growing at 30 percent |
4.641 |
Jump to 1575.679 |
|
|
they went from a million |
4.801 |
Jump to 1594.559 |
|
|
billion run right 50 million right |
4.0 |
Jump to 1597.039 |
|
|
he's done he's built uh billion dollar |
5.839 |
Jump to 1610.08 |
|
|
have a combination of of the two and we |
6.16 |
Jump to 1626.08 |
|
|
it could be you know 20 higher than |
4.481 |
Jump to 1700.399 |
|
|
where it is now but if it goes 20 higher |
4.88 |
Jump to 1702.159 |
|
|
you know we buy 20 higher but then it's |
5.12 |
Jump to 1704.88 |
|
|
you know 50 or 100 higher than that over |
4.561 |
Jump to 1707.039 |
|
|
ninety percent of the time the market's |
3.68 |
Jump to 1746.64 |
|
|
you know one or two people don't |
3.039 |
Jump to 1835.52 |
|
|
in 22 like like we had in the past like |
5.039 |
Jump to 1858.64 |
|
|
over the last 12 months we're going for |
4.801 |
Jump to 1886.159 |
|
|
the last 24 months you know when covet |
4.64 |
Jump to 1888.399 |
|
|
probably the third quarter of of 2021 |
4.961 |
Jump to 1907.679 |
DATE
the third quarter of of 2021
|
|
50 or more so it's taken the valuation |
5.041 |
Jump to 1964.399 |
|
|
you know let's say they were in the 12 |
5.839 |
Jump to 1969.44 |
|
|
to 15 times in some cases even higher |
5.6 |
Jump to 1971.919 |
|
|
south of 10 |
5.04 |
Jump to 1979.6 |
|
|
anywhere from sort of you know 25 |
4.48 |
Jump to 1994.24 |
|
|
percent to 50 percent |
4.081 |
Jump to 1995.919 |
PERCENT
percent to 50 percent
|
|
and uh we were one of the first to |
3.681 |
Jump to 2140.079 |
|
|
2014 which seems like forever now with |
5.441 |
Jump to 2146.079 |
|
|
you know probably around 2018 i you know |
4.799 |
Jump to 2152.56 |
|
|
was you know 25 years ago you know it's |
5.12 |
Jump to 2226.4 |
|
|
first came out you had all these stocks |
3.121 |
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|
|
know 100 and they went back but then all |
3.601 |
Jump to 2249.359 |
|
|
as a thousand i mean whatever no it's a |
2.96 |
Jump to 2259.52 |
|
|
is it a ten thousand percent some great |
4.0 |
Jump to 2265.76 |
PERCENT
ten thousand percent
|
|
hundred |
4.079 |
Jump to 2268.0 |
|
|
like what we saw with amazon from 2000 |
5.44 |
Jump to 2290.0 |
|
|
1995 |
3.2 |
Jump to 2302.8 |
|
|
uh three or four years four years now i |
4.48 |
Jump to 2372.4 |
DATE
three or four years four years
|
|
probably at 2023. |
4.4 |
Jump to 2386.48 |
|
|
2022 2024 |
3.68 |
Jump to 2390.88 |
|
|
thirty thousa you know thirty thousand |
6.0 |
Jump to 2416.56 |
|
|
years ten thousand as medicine |
6.08 |
Jump to 2418.72 |
|
|
2.0 the market the cannabis 2.0 is going |
3.76 |
Jump to 2426.72 |
|
|
globe until you know maybe 20 years from |
4.48 |
Jump to 2448.0 |
|
|
now or 25 years from now |
4.8 |
Jump to 2450.48 |
|
|
recognizes the opportunity two questions |
4.159 |
Jump to 2604.16 |
|
|
well i think you got two i think two |
4.719 |
Jump to 2606.64 |
|
|