GREY:CNTTQ - Post by User
Post by
Ghostinthedarkon Dec 09, 2019 3:27pm
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Post# 30436984
What is FOMO?
What is FOMO?FEar of missing out!!!!
Irrational exuberance.
Typical of retail investors. We can see this with Canopy today, as stock is up %15....Almost $4.00
But the reailty is WEED earnings per share is -$5.99 cents. This means that for every share ($28..) you buy, the company is losing $5.99 cents a share.
Who would buy stock in a company that is losing $5.99 a share.
When buying and selling TRST, be aware of FOMO and Irrational exuaberance.
Just watch how high TRST pops if/when Health Canada reinstates the license. I bet at least 100%. FOMO and irrational exuberance will capture the hearts and minds of TRST lovers.
Now, ponder this: you are essentially paying the current share price of TRST for 00000 earnings. No earnings for the past 2 quarters. No earnings for the foreseeable future....
Is TRST worthing owning? I don't believe it is...
I own NO shares of TRST at this time.....