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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP - Post by User

Comment by jermoguyon Dec 22, 2020 1:12pm
185 Views
Post# 32161649

RE:RE:RE:RE:RE:Thoughts?

RE:RE:RE:RE:RE:Thoughts?I totally understand how you feel, DaveInvestor59.  And perhaps Campbell was just jumping on the bandwagon, as the trajectory of the stock was pretty much a straight line up for a few weeks.  But we all know nothing works like that.  If the stock dropped from 1.30 to 1.20 or even 1.10, and then started creeping up again, new investors would be none the worse for wear.  But it is hard to watch, when you buy at 1.20, not realizing it was at 20 cents a few months earlier.  Some may have watched at 90 cents to 1.30 and see how fast it went up and they wanted in on it. 

However, I will say that there is absolutely nothing wrong with the stock or the company.  While I wished that I had added cheaper than 1.28 and 1.31, I am absolutely confident that within a few months we will near those highs again.  Till then, we do have to deal with shorters, those cashing in for a quick or not so quick profit, and also the private placements that are set to be cashed in.  I would not recommend anyone sell for a loss.  You'll be kicking yourself in a few months.  Everything is going right in this company right now, and if there is a time to add, this is it.  This goes counterintuitive to human nature, but the whole buy low sell high adage continues to ring true.  Of course human nature and the past week or so have seen the stock go lower and lower each day, without a consistent moving back up again.  That I think would assure investors.  If I had more money to spare I would buy in and that would make your $1.20 ACB much less.   Of course, none of us knows what the bottom will be so again human nature would make us hesitant to get in, but fundamentally the company is healthy, growing and we are in a time in history where our product is very welcome in the marketplace. 

You can look earlier this year with Tesla - it split 5:1 and then each share was $550 or whatever post split, but it dropped down under $400 very quickly....now last I checked it was well over $600.  Anything that goes up quickly is bound to have shorters and profit takers act on the security.  Wait till they get shaken out and then watch Good Natured rise again. 
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