RE:Aphria - Investing Objectively or Subjectively?couldn't agree more!
CanadianProud04 wrote: There is a big difference when you invest in a stock if you are either "objective" or "subjective" in your methodology. If you allow yourself to be consumed by subjective investing in a known speculative and volitile market (stock) you WILL make huge mistakes, and risk HUGE loses!
Great Post By BuddingInvestor:
"I agree with Enrique. I believe too many people on here are over invested. You should only invest what your willing to lose. This board reads like a script from a soap opera at times. This is the stock market people, check your emotions at the door. Emotions will do you no good in the market. Usually if you're emotional in the market it's probably because you're over invested. Many here aren't cut out for the wild swings the mj sector brings. Those people should go to mutual funds or something safe. This isn't for you. I almost spit my coffee out when I read this poster based their decision off of Athena. If you're foolish enough to buy what that snake oil salesman is selling you will get what you deserve. Nobody forces you to put your money in the market or this stock. Nobody forces you to sell at any time either. These are your own decisions. Suck it up and own those decisions. In the end it's just money. If you're losing sleep at night over your investment you're over invested. There's much more important things in life than money. Since I've invested in aph I have welcomed my first child, lost my father and welcomed my second child. Those are the things in life that matter. If the stock drops twenty percent in a day so be it. It shouldn't be a huge deal. At the end of the day it's the people in your life that should be a big deal. Sorry for the rant but I believe some people need an actual reality check. Spend time with those you love and don't stretch yourself thin with your investments is all I'm saying".
Two classic examples are Duediligence33 and Atheena. Way, way, way too "subjective". They both were in far too deep to handle a HUGE loss and allowed their emotions to easily get the best of them. Depending upon when you invested in Aphria, you had two opportunities to either tap out, or peel off profits when Aphria reached a high of $24.75 on January 9th, 2018, and more recently when Aphria reached a high of $22.00 on September 12, 2018.
Had they invested "objectively" they would not of incurred these HUGE losses! And they are blaming everyone/everything else! We ALL knew this was an emerging speculative market, and there would be tremendous volitility. We are ALL Masters of our own destiny. JMHO
For The Record:
The electrical grid is a big problem in Leamington. It is no secret that this is the reason why, among others, that Aphria has invested in cogenerators.
The Board of Directors were indeed in Toronto last week. Vic was supposed to be in Florida, and had to cancel his trip as a result of this.
Long and Strong on Aphria!!
CanadianProud04