1) Today's Newsletter:

• Portfolio Update

I have sold my stake in $GRWG after a crazy run up, which returned +51.5% in three trading days

Still interested in the company, but i am personally catious with s/caps

Call me naive, but i am a pupil always https://investmenttalk.substack.com/p/portfolio-update-df8?r=66q6l&utm_campaign=post&utm_medium=web&utm_source=copy

2) The fundamentals are strong imo, and i still think that

Was not anticipating such a wild rally, and i may miss out on future gains for the short term

Equally i may be horribly wrong, but that is my lesson to learn

3) Last time the stock price rocketed in such a fashion, management issued more common stock, and may do this again in future

After 2018, a two year lull ensued

4) Valuation is running a little wild here

I am not an expert TA analyst, but it looks overbought

Valuation shot from $631 Million when i bought three days ago, to $1.05 Billion today

5) Primary trend for the share price is still UP, which some may call me naive for selling into, that is fine

Over last three years, o/standing shares +300%, debt is down to $300K

Granted, debt is more expensive and d/markets harder to access for this s/cap firm

6) I will reassess my decision to sell in the coming months

Still watching the stock actively

But i am a little more cautious on smaller caps as i have less experience investing in them

Wishing other holders well $GRWG

Not opposed to re-entry

Just being transparent

7) For a great contrary view, and one likely far more informed than mine

Check out @Jason_D_B_07 who’s original thread initiated my original DD last weekend, and covers $GRWG

Criminally under-followed too

https://twitter.com/jason_d_b_07/status/1296434125705027585?s=21 https://twitter.com/jason_d_b_07/status/1296434125705027585