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Britannia Life Sciences Inc Com C.RLSC

RISE Life Science Corp is engaged in developing and evolving medical and adult hemp-based formulations to create general use of health and well-being products for the emerging consumer category. It derives key revenue from the United States.


CSE:RLSC - Post by User

Post by PositionTradeon Jan 22, 2014 10:49am
172 Views
Post# 22120128

opportunity cost is too high...

opportunity cost is too high...My average cost was 6.5c, now I have to accept 50% loss and stopped out.  Still have a few sh for long term watch.  My reasoning is -
 
1) the RS is really a dumpping on my confidence for mgmt's ability, although I have no doubt about their edeavour, because the RS MIGHT be a signal for no major deal with PRC soon. JMHO

2) the trend keeps working against us, that is serious, and too much uncertainty about the future.

3) the opportunity cost is too high, especially whole uranium sector has just started bullish run, I have no choice but put my limited funds on best opportunity I can see


Best Wishes to v.mom.  May see you later when less uncertainty and lower opportunity cost.

BTW, IF sb. want get psychological releaèse by blaming me, you can go ahead.  However, 1) I am telling my real thinking and action 2) I will not read your blame because until RS is done, and new development comes I will not read this board at all.

JMHO
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