PINL:GRPOF - Post by User
Post by
BLACKICE909090on Feb 11, 2019 8:48pm
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Post# 29350365
Chasing the Carrot
Chasing the CarrotBeen with Tetra since 2016. Read all the stockhouse posts, went to the meetings, did the due diligence, held when I shouldnt have. Its been one hell of a ride.
What I noticed was with Tetra is that there is always some next big thing that doesnt really come to fruition. The DIN and the delay was pretty much the last straw for me. No company will ever tell you outright: "we have failed phase 3 and are abandoning this endeavor." You as an investor have to figure that out on your own because it would be catastrophic on the share price. The same applies to facts like:
Where is munchies be gone gum
Why did Bernard Fortier actually leave
Why did Guy and Andre sell off PERSONAL SHARES a day before an Aphria scam release
Why are we changing business models now
Why are you not releasing our "secret partner"
Why are we in so few stores with our drink
why are we still operating with no brick and mortar headquarters
How are we going to smoke prescription medication around oxygen tanks
Why did we not check for $#%& Mycotoxins prior to clinical testing
After a while, in an effort to justify my investment I found myself coming out with rediculous explanations to these situations but at the end of the day if it walks like a duck and quacks like a duck...
Leaf is probably sticking around for the same reason im writing this now as opposed to just selling off quietly. Us longs are pretty burnt with chasing the carrot and definately need to get that out. Give him a break coz he actually has some points and I know deep down alot of us are thinking the same thing. The dude gave you years of solid gold hits after all, covering your ears because he changed his tune doesnt make him a paid basher. It also gets pretty culty in here when people just keep ranting "good things coming."
I remember the exact place i was 2 years ago (next month in march). Would you believe i was long holding but also day trading this stock from 77c to 79c? Can you believe the SP now despite all the "good NRs?"
My opinion? At some point things will dry up. In 6 months, investors will have to chase management to find out whats the sitch on 001 and it will be radio silence or perhaps outright abandonment plans. Good luck in the summer too. For me, Tetra deserves to be day traded like the stock it is. I made money with them but I lost alot of other trading opportunities long holding them. It just doesnt fit my investor timeline anymore.
I really hope you guys make some money with this one but I have drastically reduced my position too. Painful to say but sorry Guy and team, cant ride shotgun with you guys on this one anymore. You guys let alot of us down.