RE:RE:Amazon First of all, Hexo has been in business since 2013 - so using Amazon as the yardstick (why, I dont know) I guess Hexo will be making 100s of millions any day now.
Second, what relevance or comfort is it to the average retail investor who has gambled with his family's finances and bought Hexo shares at $7, $8 or $10 how long it took Amazon to get profitable, when the current share has dropped from $14 in February to $5 in less than 6 months. (ever since Hexo bought Zena - another bad business decision)
The company in question here is Hexo - a cash burning cow, with imho, a less than competent CEO, Board and management.
As Ive posted before - sooner or later, the lightbulb is going to come on for you idiotic cultist pumptards. Year end fiancnails are going to be a disaster.
Rotaluceps - (7/28/2021 8:17:35 AM) RE:Amazon BigplayerHexo wrote:It took Amazon 9 1/4 years to break even , imagine the Bashing that went on there, probably the same drivel that is going on here right now
Weed has been legal less than 3 years
Now is the time to buy Hexo and in 6 years or less you will have made an incredible return on your investment... and these basher clowns will still be bashing for pennies
Psychology of investing is simple....buy when there is panic selling and sell when there is panic buying. People please don't get this backwards, we will run out of sellers and this SP will go back up hard , be there when it does
If you sell Hexo tomorrow at a loss the person or institution that buys your shares will make a lot of money and you get fu-ked
Diamond Hands
The guy who didn't wait 10 years for a return invested his money in other stocks. If Amazon had failed? 10 years is a very long time. Amazon is the worse comparison as I explained. I could use the same inappropriate comparison with hundred of companies that didn't come back, and you choose one that did. Great knowledge. These pumpers have no clue. Their brain react as if they were in a sect. Try to take someone out of his sect.
A more rational
approach would be to wait for the next quarter result. The stock will not suddenly climb but temporarely on a news. These pumpers will still be holding over a negative quarter, trying to convince naive people that losing money doesn't matter since eventually, in a number of years, you will make money. These people are not the cream of the investment community. Their mantra are bashers, shorters, eyc. If you work for a big company, you will notice that there are always people a little slow, who don't understand. They are here and are the most prolific posters posting non-sense. Read the financial.