r/RedLightHollandTRIP • u/PuzzleheadedDingo992 • Jan 10 '25
Poll: are you still confident in Todd and RLH outlook?
Opening up a chat to get feedback of people’s confidence levels in a)Todd and b) the company’s strategic directions and its ability to execute?
10
u/Psychedinvester Jan 11 '25
The company has an amazing position in terms of assets and farms. But man. Ouch. Been here for 5 years now.
9
u/adam_ez Jan 11 '25
I believe in 🍄 and I believe RLH is more likely to succeed than any other company in the sector
12
u/The_lushusmojo Jan 11 '25
Todd is just a wanna be influencer/celebrity hoping to meme and dream his way to pumping the stock enough to ride out his salary.
17
u/andingo1 Jan 10 '25
No and no. At this point he doesn’t even have a strategic direction. Buying bitcoin with investor money isn’t strategic direction. I didn’t buy BTC I invested in a shroom company
4
u/Select_Reporter9139 Jan 11 '25
This has been a very long process from the start, in my opinion. The good thing is that we might already be halfway through. I don’t expect much progress for the next two years, but in the end, the company could perform really well in this sector.
3
u/Feeling_Amoeba_1042 Jan 11 '25
ABSOLUTELY NOT! Are you serious? There's no way any other board of directors would keep a CEO in place with the stock performance of the company like this.
5
u/mldytwkr85 Jan 11 '25
No, I am hopeful, but if I get a chance to break even, I will sell all my shares.Todd is making some really dumb moves. Once he started with the BTC talk, I knew we were screwed.
2
4
u/destricsgo Jan 11 '25
Not at all. I exited a year ago. I recommend everyone does the same, there are probably better plays.
If you accumulate cheap and this ends up working out for me, you have my props
-1
Jan 11 '25
I just hope to break even at this point.
Also this post will be taken down in the coming days because who ever runs this thread also loves Todd for some reason.
7
21
u/Competitive_Swan_755 Jan 11 '25
In order for RLH to be successful, psilocybin/magic mushrooms need to be legalized. This cultural shift is extremely slow, globally. The best Todd can do is keep the company alive until that adoption happens. Building the farm and selling kits are what the company can do at this point. I'd say he's meeting expectations.