RE:RE:C'mon Roger...Leg0 Investor wrote: Mercedesman, unfortunately, looks like my theory is proving to be right. Sub 10 coppers here we go, unfortunately, I am averaging at $0.24 so i am in a hole waiting this out.
Only they know how their investments are doing, and if they are not enforcing buying the rest of these shares at "discounted prices", then i am afraid there will be even better "discounted prices" in the future.
Perhaps so. But we don't know yet if they are buying and how much. Filings could be in the process of being accumulated. They bought 2M shares between .15 and .17 just 3 months ago, and news came out well after the buys. With the benefit of hindsight, they could have waited to buy then as well. Cannabis ETFs have fallen about another 10 to 15 % since Sept 30th. (QCA NAV .34 to .30?)
Roger buying personally at .09 should indicate we are close to a bottom, especially since we are so close to the end of tax loss selling and there is blood on the street of Cannabis stocks. Not saying we wont see .09 again, but early in the new year there could well be a pop off the bottom and post tax loss selling. QCA better to cancel 3M shares now?
MM