GREY:ISOLF - Post by User
Comment by
Imprinton Dec 20, 2017 2:17pm
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Post# 27198131
RE:RE:Thanks everyone
RE:RE:Thanks everyone Just so you don't get burned, I'll give you my experience.
When Aphria bought 16% of CMM for $1.40 a share when the stock price at the time was $1.15 should've sent the stock soaring over $1.40 right? WRONG.
Stock never saw those prices. Tanked and has been sitting at 60 cents for a while although back then, it got down as low as .35.
A big investor buying a stock at a certain price doesn't guarantee a "floor". Always be wary. Learned that one the hard way.
Imprint