RE:RE:Yes MartialArts, Stockhorse has a valid question for you...WHAT!!!!??? That's it! Buddy, never, ever call be a BIG FAT SLOB again ok? Because the gloves are going to COME OFF! LOL!!!! I don't want to have to beat up "MA"! LOL
After all, I'm a perfect son! At least from her perspective! LOL
Don't lower yourself, DD thinks he's intelligent and act like a big bully. I get along with him now because he stopped his shameless pumping and his "sherriff" BS but we're stiff developing our "mutual respect". Looks like we still have some ways to go but hey, I'm 100% buddy with GT now! We both deserve a medal for THAT! LOL
MartialArts wrote:
duedilligence123, do you also have the protrading account? I was talking to pro but I see you answered back on a different account? If you are using two accounts, please use the right account because I'm losing track of the conversation.
If you aren't pro, then please note the "friendly match" here was with Pro. He was telling me, as you are, that I came back in too quicky. And in that case, you are both right.
Absolutely got back in too early. I'm not perfect and never claimed to be. And yes 100% agree that we have untied to the wider markets so did not participate in the rally this week, had we been, we would have closed at $38 not $33. The reason is? I suspect the Senate uncertainly blindsided the charts.
One needs to remember that charts are not immune to external fundamentals and events. I am confident that the marijuana sector would have benefitted from the TSX and the wider market rally.
Now, I can either hold or cut my loses. In the coming few sessions, I'm expecting the S&P and TSX to continue to provide an uplift but will that be enough?
Considering that some of these MJ positions are in a cash account, I can't take and claim a loss without holding off 30 days to rebuy so I really need to ponder what I will be doing. When I'm quiet here is because I'm spending time looking at charts to try to understand where we are going. If it wasn't for the tax issues, I might be tempted to sell for the sole reason to rebuy lower. Possibly much lower.
The problem selling at these $33, I know people with more patience are buying my shares so I will simple go underwater because I feel at $831M market cap is well worth it when we are evaluated at over $1B with the ACB deal.
I'm sometimes ask via private message who people should follow, I always tell them nobody. Research what they say and use that to become better. But "following someone because they are buying or selling" is the wrong approach IMHO. This site is full of people who want to be followed and be idolized. Anyone following them will lose money because I've yet to see anyone I would follow. This is an indivual sport from my perspective. In this case, the lesson is to have more patience.
I did warn that I was fighting "FOMO" fear of missing out. I should have been more patient. Simple.