Lotus Ventures Inc C.J

While

[Edcando]

Nothing exciting we have been at least holding our own especially this week/ today that was a sea of red. That's the thing with a value investment. It may not fly when some others are, but it also hasn't retraced back 50% or more . Even weed is down almost 40% from its peak 2 weeks ago (and it closed higher today than the low of day.

[Stacks1234]

Agreed, with one exception. You haven't been here years like some of us to see some of the serious claw backs this stock has endured, from $1, dwindling all the way down to 0.05 at one point.

[Edcando]

Fair enough! I'm also not trying to pour any salt in the wound. I've mentioned I held my own heavy bag (wait what? Haha) oops bags from having bought at the pre legalization peaks. So buying here then sucked like it sucked at that time in a lot of tickers. But here we are now and at this time at this price it really is a value investment and holding up well . You'd think some of you

[undervalue]

First, 20k shares, come on,  there are plenty here that are down 100k dollars plus on hundreds of thousands of shares. Sucked into the vortex by inept management.  Value, it could have been, but the last 40 million shares  in dilution will make it hard to justify higher prices. It is all to do with mgt, mgt, mgt, and the lack there of.

[Edcando]

Yes first 20k mostly due to all the negative commenting making me a little more weary . Again, and I'm unsure how else to explain this , prior  prices /market performance change not a companies present value vs its share price. Yes of course it's not worth a dollar now. It never was. Most if not all of the sector aren't worth what they were for when we bought at the peak. So then

[undervalue]

I held my nose and averaged.  Still offside. I hold because I can afford to wait, and, I believe a change in management can be a partial fix. Beware, there will be a wall of stock to get absorbed on the way up from aggrieved shareholders.  Including myself. 

[Edcando]

Understood. However those walls on the way up for a grieved investors may also look like great exit points (at least partial) for newer investors ).  Doing alright today so far. Fingers crossed someone is aggrieved at 17 so I can grab more today.