GREY:CHALF - Post by User
Comment by
jutah70on Aug 07, 2016 4:45pm
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Post# 25117960
RE:re: jutah70
RE:re: jutah70Odzie, the tide has been rising. Is it a matter that we need to simply plug a leak. I know the expression. The irony of why I have been looking at things from another perspective and revisiting the investment thesis is because we are getting no lift from that tide. You will see my sense of optimism in apost a few weeks ago stating we should see bottom feeders leg into this stock after the Cdn MJ's took off. All I hear is crickets. We are actually seeing the stock decline. Principle doesn't apply in this case.
Is the trading activity from Friday an indication that we may see some strength ahead of an upcoming quarterly report? Who knows. But with increased volume like that we should have seen a larger gain for the day.
i have said before, this can turn on a dime and I have taken a big chance on being early into this name. Swinging for the fences is the phrase I use with a buddy of mine (funny to see the baseball analogy today).
but experience teaches you valuable lessons. You would be amazed how often it can apply. Don't fool yourself in thinking this stock could be different. BNK should have been lifted with the tide too.