RE:RE:TIPRANKS RATING HEXO - HOLD NOV 13, 2020What happens if the floor breaks and it goes to 0.50$ and never recovers? Im curious because I see pumpers with price targets and zeroooo exit strategy. That to me is pure gambling. If your strategy is 1000% or -100%, you need to check in to your nearest GA (Gamblers Anonymous).
Ghostinthedark wrote: Stock tanked to .76 cents Canadian and then rebounded each of the past two months.
12 month target price for Hexo is around $1.40 Canadian.
( Yahoo Finance)
Hexo is in a five daydowntrend---.18 cents.
Best to swing trade this stock if it tanks to .76 cents again.
No reason to buy and hold unless you are a bagholder.