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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

Zenabis Global Inc. > Im destroyed
View:
Post by OneWhoBlazes on Jul 12, 2019 12:00pm

Im destroyed

... sector is in free fall..
Comment by sotypical on Jul 12, 2019 1:34pm
This post has been removed in accordance with Community Policy
Comment by 1Lighthouse on Jul 12, 2019 1:53pm
Don’t know how you can say that, since the company puts out monthly performance reports and has been releasing news releases every week, all positive. It’s a sector sell off, and ZENA stock loves to sell off. Nothing more the company can do, they’re doing everything they can, and it’s good. Stock performance isn’t always indicative of company performance. Ban naked short selling and most of these ...more  
Comment by Justbereal on Jul 12, 2019 2:03pm
Replying to this guy is just a waste of time. Sotypical, crying baby for some reason
Comment by Ryezensum911 on Jul 12, 2019 1:48pm
I’m sorry to hear that. You are correct, the whole sector is in a complete free fall mode, and the summer doldrums are just beginning. I’m no genius, but I tried to warn people last Friday. I’m sure I was just put on ignore. I was really hoping I might be wrong, and it started to look like it might just hold the $1.60 range. But when it fell below $1.60 yesterday, you could definitely feel the ...more  
Comment by zxcvbnnm on Jul 12, 2019 2:07pm
ZENA will for sure learn the lesson from Canntrust and therefore have a huge potential once the licencing is granted.  The industry has a shortage of supply, and premier producers will stand out. History seems to repeat itlsef, just look at what happend last summer. But once the rebounce comes back, it will be huge and quick. 
Comment by alejo.g3ologist on Jul 12, 2019 2:21pm
sold at a loss and buy back? interesting strategy! that tells me u were using money u needed in the near future..bad investor thinking! hope this strategy gets somewhere...
Comment by Ryezensum911 on Jul 12, 2019 2:32pm
Minimizing my losses is bad investing strategy? Loosing 5% daily for the foreseeable future is not what I would call the greatest strategy. I don’t need the money right now, but why not stop the bleeding, use that money to buy a better investment in the short term, while keeping an eye on this, and buy back on the cheap in a month or so. Heck, I could buy back today for almost 10% less than ...more  
Comment by alejo.g3ologist on Jul 12, 2019 2:43pm
 its called unrealized losses some ppl can't stomach when investing...true if thats worked out for u so far..keep it up! also put ur money out of cannabis sector for the short term...blockchain stocks are still hot
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