EvelKnievel wrote: Your kind of worry is exactly what certain value investors like myself look for in that we at times like to buy on fear and sell on greed... The fear we see, leads us to investigate further to see if there is rational substantiating evidence to support such emotion.
I have never owned shares in Glance, and prior to today, didn't know much about it other than that I have it listed on my watchlist of over 100 CAD publicly trading weed stocks, and that its connection with the weed secotor, is to do with blockchain helping out weedcos.
So, I was doing some general dd today, looking for value stocks to invest in and came across this one, and couldn't help but notice its dramatic stock price drop over the last little while, which compelled me to investigate further, and so after doing a few hours of investigating, and then a bit more afterwards, I have come to the conclusion that I want to buy in on Monday, hopefully, somewhere around the price that it closed at or bit higher and depending on my observations of the price action over a given period of time, I might be willing to pay substantially even more, especially in consideration of my dd put forth so far...
I could care less about this family drama bs I have been reading... What matters to me is the company itself, and what it has to offer the world, especially in regards to its glance pay app for not only restauraunts, but other merchants as well, and furthermore what interests me the most, is their involvement with the cannabis industry...
The potential for glance to make money off of the american weed sector is beyond huge, especially considering how that sector is legally growing per state, despite federal barriers that constantly are being revised, and how banks tend to not to want to be involved with them.
To put it simple, Glance gives these weedcos wanting to do business in the states, a solution to banks not wanting to deal with them...
Just from me looking at the historical charts, including insider action, as well as including when I see weird anomalies like how their warrants closed higher yesterday than their share price, despite everything, this makes me think that it is very highly likely that the prices won't go any lower, that it is pretty much at a bottom, and that the only direction left to go is up, up, up... Now I could be wrong of course, because I most certainly can't predict the future, however, it appears to me, that the odds are in my favour for buying in on Monday, and that ultimatley, the share price will ascend from there back to where it's meant to be and beyond that...
If I'm wrong, I'm wrong, however, that is a chance I am willing to bet against... This is my opinion of course, and you all out there are more than welcome to disagree with me, however regardless of what anyone says, I won't be disuaded from my actions I will attempt to execute on Monday... In addition, I surely will only be placing a minimum chunk of cash relative to my total portfolio value, to help mitigate any possible losses which could technically happen with any stock no matter how good it is...
If the price opens lower on Monday than what it closed at yesterday, then I will be jumping on that, cause in my mind, I'll be thinking that this might be my last opportunity to get in at such a low bargain price... That's how I think and that's my plan, and I'm sticking to it... All you bashers can scream and freak out otherwise, however you won't be swaying me from my planned descision to execute... In fact, you may only be adding fuel to the fire, inspiring me to buy even more, just to spite you all...
Ultimately, if the price does go lower than what I pay, I at least have the patience and fortitude, to sit on the stock until a time I deem fit to sell it for whatever profit I so choose...
You all have a good weekend now, and good luck in however you so choose to execute your GET shares or warrants...
picktheright wrote: This is a new account and my first post ever. I hold a substantial amount of shares of GET. I’m concerned, to be honest loosing sleep over it.
Is there anyone here who has experienced a company going through a turmoil like this?
if yes, do the SP will ever recover from these situations?
What is the best piece of advice......should I sell or hold on?
