RE:Some Saw it ComingWell I don't' agree with all that, or even much of it. The whole sector is down, TRUL just beat the street with solid earnings and they are down too. Without the help of short sellers on top of it !!!
However next time we loft up to "finally this is priced right" I will be buying Puts for downside insurance. I spoke about it before the big spike and didn't do it. Big mistake.
Still not enough institutional ownership which makes for a real battle with short sellers.
Vinny57 wrote:
It does appear that there is not much discussion on this site today. I was one of the few who said the bloom is off the rose (for now). I'm just being realistic. You had poor financial released this week (told ya) and they won't be any better in 3 months. You have a greedy CEO and other underlings, (have you seen how much they have given themselves). There is no catalyst in the near term to prop up the share price. On top of that, the sector itself is barely treading water.
Buying time may have a few sessions left. I am poised...... but not yet. Our last run up (Aphrians) to $40 came and went. It was a run up for no reason, much like the last two times. It may happen again (for no reason). That is where you unload the shares you may pick up cheaply in the next few weeks. This is no longer a buy and hold company. The only ones making (our) millions now is management .................... Oh, what could have been.