Post by
Sharpshooter007 on Aug 20, 2020 9:58pm
Warrant
Shame one you for inferring I drink. Well I dont. This is not the only co. I'm invested in. I've been trading for over 40 years with success. Enough so to be able to fully retire at age 36. I'm now this year a senior citizen. I've been around long enough to know that something is a little funky with Delta 9. Back in 2017 questions surrounding D9 at the provincial level were levied against D9. Swept under the carpet. Like every other long I've averaged down to secure my play but am growing concerned over the SP performance based on financials. Something smells in Denmark.
Comment by
StonksOnlyGoUp on Aug 20, 2020 11:15pm
I'd say it's just that companies with low volume tend to be volatile, especially around news and financials. Personally I think the IIROC has better targets to investigate.
Comment by
Warrant on Aug 20, 2020 11:29pm
100% this is a penny stock and trades like one. Also, why would you call yourself a long and average down on a company you claim has been sweeping things under the rug since 2017...either your comments or investment strategy doesn’t make sense. Likely both.
Comment by
Sharpshooter007 on Aug 21, 2020 12:18am
I've traded many penny stocks over the years. This one is definitely an anomaly. My strategies have served me well over the last 40 years. Enough to make me independently wealthy. I like to take some gambles, like with this one. Maybe I should sell. If I do it will probably reduce the SP by another 20 to 30 percent.
Comment by
Sharpshooter007 on Aug 21, 2020 12:33am
Warrant. I failed to mention in my last post that you should Google MLA for Assiniboia Stephen Fletcher Regarding accusations against D9. As a person who was involved with the provincial Conservative Govt at the time it was deemed better to sweep things under the carpet in order to protect jobs and incoming business and property taxes.
Comment by
Warrant on Aug 21, 2020 8:14am
It’s pretty clear you got caught up in the initial Delta 9 run up hype and have been averaging down since. Unfortunate situation but instead of blaming the company and making wild allegations maybe you should cut your losses and learn from your mistakes. Stop blaming external forces for internal failures.
Comment by
Warrant on Aug 21, 2020 8:02am
Please do. I’m sure many including myself would love the opportunity to pick up more shares at a 20-30% discount.