RE:Caught Between a Rock and a Hard Place :(Best thing to do is accept your loss and move on. There are alot of other cannabis companies that are both good and oversold right now. Baging holding this will get you nowhere. Take a look at any chart like this. They never do well.
GoneBroke wrote: Like many longs , I'm down on my investment in FSD Pharma in a very Huge way !
I can't seem to pull out in hopes of a better outcome but without a very significant buildout partner announcement ( and I'm not talking abount a measly additional 20-25,000 sq.ft expansion talked about earlier this week ) , there doesn't seem like much hope.
The announcements of additional boards members do very little to provide any significant value at this stage in my opinion ... it's like adding more pedigree race horses to feed on a dwindling bage of oats
Even with an announcement of an additional 250,000 sq ft buildout would do little in the near term, as we would still need to wait until it is finished in order to receive revenues from crops . However , I would at least embrace such an announcement as progress in the right direction.
Once again , week to week , day to day our investment drops ... I suppose I'll go down with the ship ... man I hate myself right now