RE:RE:RE:Underwriters must have shorted this..JTDOUBLE wrote:
Bottom line is retail investors get slammed..While institutionals investors know about this PP for weeks..They maximixed their profit before announcing the PP..
I was long on this trst but the massive volume and run up was quite unreasonable given any news or PR..The timing was not right with the announcement PP ..
Retail investors have to play a diffeerent game thats all, we need to pick and position and hold it. guys that put in $75million into a company should get a bit of a discount. I would expect the same if i was investing that kind of money too.
you say you're long but you sold last week
You say the timing wasnt right for the pp, maybe it wasnt right your you. but thats not anyones concern. Aslong as if was the right move for them. We dont know what they have planned. what we do know is that 2 weeks ago they could have done a pp for $6-$7.
Also i dont want a buyout or merger. these guys are set up so perfectly while other big lps are wasting sooooo much money taking guys out, stetching away till they cant sustain it and colapse.
they could easily open a 3 facility with that money, do there university research do get their medicinals clinicly tested. The keurig cup of cannabis might need more develepment.
anyways im done my rant, but you guys need to chill out this is a good place to be, you should all be happy. unless you sold and trying to buy back cheaper. could happen but also could go back to 10.
I'll just sit back and relax. up or down short term and up long term. If you're retail then play it that way.