GREY:GGBXF - Post by User
Comment by
Styles76on Jan 29, 2019 8:27pm
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Post# 29293755
RE:GGB is simply illiquid
RE:GGB is simply illiquidIt has long holders that don't bother posting on Stockhouse. APHA looks like an "orphan stock" on CEO, and Rogers Communications (RCI.B) has a Stockhouse page of crickets. Online population and volatility are not indicators of how well the stock is supported. APHA, WEED, CRON, ACB, TGOD, HEXO, and probably a pile of others, all lost ground today, seeing that GGB did as well shows it trades like a cannabis stock. Personally, I wouldn't mind if GGB looks away from APHA for a Canadian grower/distributor. Seems a lot of APHA shareholders don't have the first idea how the stock market works and pi55 themselves every time there is a dip in the stock price.
ELVIS68 wrote: Frankly I have had a very large position in GGB but recently sold most as the action on the stock is terrible. It trades like an orphan stock most of the time. Very small audience. That is why there are so few people on this board even talking about it. The bid has been ridiculed by so many commentators and the stock has broken down below its support level of $5.50. It is barely clinging to the $5 support level. It has had a spectacular run and I have made money The Aphria bid is simply laughable. I will repurchase GGB when it is more reasonably priced. For now, 'THE AUDIENCE HAS PASSED OUT"