The Cannabis spoilThe cannabis spoil What a disappointment. My cannabis (vff and aphria) investment is not working. The idea was to stay with them for several years, gain a reasonable return and then move on. Alas, not only I haven’t benefited in any way, now I am more or less 50% down on my investment.
I don’t quite know if it is workable, but I might try this strategy from now on. I don’t particularly like it, + it is time consuming, but I need to get my money back. So, I am thinking to try the sell and buy method (not shorting). Of course, I might be on the losing side consistently; what if I sell and the next day the share price goes up?. At any rate, I will attempt, even at 20 cents gain would do and until I got my investment back, then I will never look back at the cannabis industry…. In many ways than one it has behaved like a mocking thieve -- many people have benefited, above all the cannabis’s companies’ administrators and the shorters, and always at the expense of the small retail shareholder. Has anyone here tried the buy and sell strategy, does it work?