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Sugarbud Craft Growers Corp. V.SUGR


Primary Symbol: V.SUGR.W.H

Sugarbud is an Alberta-based, consumer-driven boutique craft cannabis company focused on the cultivation and production of superior, select-batch, craft cannabis products. Our vision and mission are to become a trusted and well-respected consumer brand renowned for providing exceptional high-quality craft cannabis products to legal markets by delighting the most discerning of cannabis consumers.


TSXV:SUGR.W.H - Post by User

Comment by hunterxjameson Mar 11, 2021 4:10pm
74 Views
Post# 32778318

RE:RE:RE:Every SUCKER bidding 5.5 cents,

RE:RE:RE:Every SUCKER bidding 5.5 cents,

Seiously, you don't get it. He bought 0.02 and sold at 0.095, and now he's wishing it to go down back to 0.02.Unfortunately, that's not gonna happen so he is now buying back at higher sp if he wants to.

You, on the other hand, bought high but sold higher. Lucky for you,the price dips BELOW YOUR FIRST BUY so you are able to buy back more and still has more, unlike him he bought low and now
he doesnt want to buy HIGHER THAN HIS FIRST BUY because he will be chipping off his gains .that's why he
is bashing ,whining like a
crybaby.

miscstuff wrote:

hunterxjames wrote: Dude, you bought at 0.02 and sold at 9.5 cents. It will never go back down
to 0.02. So dream on.For this company,  if you keep flipping it every one leg up, your entry point will always be  higher than the last one, you'll end up buying back at a higher sp with lower number of shares with the same capital. Go look somewhere else to flip. Your time has ended here so move on. 

yesiamgr8 wrote: is getting DUMPED on and will be all new BAGHOLDERS.   Next come the 5 cent DUMPS.  4.5 cents is coming and then its......you get the picture.   WAAAAYYYYYYY TOOOOOOOOO many shares out for this stock to ever be competitive in the market.  I feel sorry for those that got caught in Goldengirl and Goldilock's PUMP and DUMP.   Don't get caught trying to average down at these levels.......this is not the bottom. 

 

hunterxjames, you don't seem to have a grasp of the trading cocept either. Trading is no different from what you do, except that it happens more often. You buy a stock, wait for it to go up and then you sell for a profit. Some stocks may go up and down with a season or other reason, and so you sell when you think it might go down and when you think it might be going back up (e.g.natural gas in the fall) you buy again. You might call it "rotating back into energy" or "picked up gas for a swing trade until March" but it is the same idea.

yesiamgrade8 bought at .02 and sold at .09 for a 4 bagger profit. Nothing wrong with that. You're right that the SP probably won't go back to .02 but all he has to do to complete a good trade is to buy back @.06,.06.5,.07,.075, .08,.085,or .09. That makes more money compared to sitting watching the SP go up and then down without doing anything because of a bad case of FOMO. (fear of missing out.)

My buy a few days ago was at .07, and had 4 sell orders in @ .085. I didn't like the price action before the PP news and I sold 3 lots @ .07 for a "no win/no loss" trade. I was able to buy more shares back @ .06 and a few more today @ .055 with the funds. Better than doing nothing.

I guess that rotating back into silver will have to wait for a few days. All about risk/reward.

GLA


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