Post by
goldman777 on Jul 06, 2023 2:39pm
LOOKS LIKE SUPPORT @ 55 CENTS
Took a little nibble here for about 1/2 the position I would like to get, if it drops a tad further I will buy the second 1/2 position.
I can`t believe this has fallen below ACB.
Tough sector with most if not all the small players being wiped out - leads me to believe the turn around may lay just ahead.
That being said, if there is one thing I have learned about these LP plays, i will not be surprised if I am wrong.
I think a lot of us made a shiteload of money here on the run up of these MJ plays, I sold most near the top a few years ago but continued to trade them down on the return to norm and gave a lot back.
I predict the bottom is either in or very near and better days are ahead.
Comment by
goldman777 on Jul 06, 2023 2:44pm
But I suppose many could argue the bottom still has not been hit - especially when looking at the 6 month or 1 year chart