Anyone worse than me? Impossible price recovery for HEXO.I actually figure it is mathematically and fundamentally impossible for me to ever break even on my HEXO position without throwing in a bunch more money and averaging down. ACB $784.805. Current market price $1.535. With the last reported sharing outstanding of 42.9M, I would need a what 50,000% increase in stock price, which would relate to about $35billion in market value (42.9M x $784). Will the company ever be worth $35B?? Idk...
You may ask, how in the hockey puck is your ACB so high...my answer idk....they bought a company I was invested in a few years ago in a horrible deal, and how somehow with the conversions and what not I just kept getting screwed