RE:RE:RE:RE:wtf is wrong with this stockBePatientBro wrote: Sanderz wrote: Vette332411 wrote: Nothing is wrong with this stock. Sell and get out if you don’t believe in it.
It's not that I don't believe in it, but if you believe in something you can only believe for so long until you start to question it. It's been trending downwards ever since its high. From $3-$4ish, down to $2-ish a couple months back. everyone thought htat was the bottom, now in the $1 range and it's been stuck here for quite a while. it's just downtrending. waiting for it to actually perform better but what the he|| s is going on is beyond me
Hello new investor. Go do some research on how the stock market works before assuming there is something wrong.
1. its a new industry.
2. No sales license yet = no profits yet (market grows on financials not hype).
3. Shorting
You newbies think news will make a company get to its value...its the results that do it. We were lucky to see 4.40 at all...
Best thing to do in any market is sell when the stock is in the green and buy in the red. New investors do the opposite which is the most common mistake across investors in general. Buy the dips sell the highs...you will see growth in your bank account. Trust me i've been doing this for years.
lmao, I'm not quite as new as you think. News doesn't do much to a stock, we all know that. sometimes yes, many times no. Otherwise, this would be in the multi dollars right now with all the news releases we've been getting lately.
I also know that we were lucky at $4.40, as this past december/january the marijuana stocks skyrocketed then there was the crash/correction.
I know this stuff. Just saying I dunno what the hell is taking this so long to at least trend upwards.
But, I'll have to continuing doing what your nickname says. My post wasn't meant as a bash, more of a frustration