RE:RE:Don’t become a bagholder?Your like the guy at the casino, pulling the leaver on the slot machine. You state an opinion about the future----but have no facts.
Greed and stupidity kill stock traders/investors.
Learn the charts and technical indicators.
You are a typical example of a retailer who is making decisions "based on emotion."
That is called FOMO...
Hoping, wishing, dreaming-----not any sort of logical reasoning
The RSI is 90 on the daily time frame, 89 on the weekly time frame, and 81 on the monthly time frame.
When the relative strength index (RSI) is over 70 ( 80 for some traders), the stock is overbought, and will always reverse----sell off.
As I said, I expect APHA to swing low later today or tomorrow.
And then we have a downtrend. The "bag and hold" strategy does NOT work in the por sector---because of high swings in prices, which is "wild volatility."
I expect, with your strategy, you'll end up holding the bag in the next day or two----you will certainly lose profits.
Don't become a bagholder----holding on to shares that have a higher purchase price than the market price.
Yesterday's low...:$28....What you are saying is that you are prepared to watch your stocks drop to this price or lower.
In your comments, you have ignored charts (which tells me you don't know how to read a chart) and you have ignored RSI ( which tells me you have no idea about technical analysis)
And then you tell me, you are going to hold until TLRY's financials come out next month. And nobody really knows whether these financials will result in more bullish news.
And so, I conclude that you are the guy playing the slot machine in the casino-----just another gambler!!!