RE:So typical...Sasha.Nik wrote: None of the bashers were around when we were going up the last couple of weeks.
All the sudden, they're out and are mostly trolling. So, that bring me to the next point
Most of the bashers here are not shorters, they're trollers. People that derive satisfaction from seeing others frustrated. We as investors, only fuel their fire by replying to them. So just IGNORE THEM!
As far as SP goes, look we had great run in the last 6 weeks or so, stock hit $4 and people started selling and took profits off the table. Can't blame ppl. for doing that. Afterall, if you were in from a $1 you just quadrupled your money in just over a month.
Let's not forget most ppl. involved in the sector right now are unsophisticated retail investors, they don't know how the fundamentals work, they don't know how the technicals work and they're generally just don't have any idea of intricacies of a functioning capital market.
Retail investors are emotional beings, they fear loss more than they value gains, they are loss averse, that's why they buy high and sell low,
About Namaste, look, the company is doing great for what they are. They are executing. They are trying. We know Sean and Kory are doing their best. There are 4 parameters for success in investing in a company. Fudamentals, technicals, managment and momentum. Honestly, we have all of them going for this company.
Andrew Left has a short position on N, Fine! He will do what he has to do to earn his living. Can't blame him to bash this company, because he has a vested interest in seeing N tople. But it doesn't necessarily mean every claim he makes against Namaste is true. I believe none of his claims are true. But hey... he says but he says....
Again, don't be short-sighted. This company is volatile? HELL YES, so are the rest of the companies in the sector. Will we see $10 in the next few month? I WHOLEHEARTEDLY BELIEVE SO!
Be patient, add to your position when you can. We are going to be ok. People are going to sell, and people are going to buy. That's how this works
I was browsing through some forums a came across a few posting for a couple years ago with Canopy was trading at under $3. People were bashing it, saying it's worth 0.20C!!
Just be patient. As long as we have dedicated management who are also FULLY Invested in the company FINANCIALLY and MENTALLY, we have a fantastic business plan and customer base.
We are going to be just FINE!
well said. There are known shorters with alias accounts who have been silent for over a month. Last night they called each other and said hey let’s task force all the new scared investors. Obviously they’re out in full force on N and multiple other stocks to shed their false wisdom.