48North Cannabis Corp. V.NRTH

Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.

OTCPK:NCNNF - Post by User

48North Cannabis Corp. > Panic dip

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Comment by flamingogoldon Jun 18, 2019 12:30pm

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Post# 29836267

RE:RE:RE:RE:RE:RE:RE:RE:RE:Panic dip

"Motive" is a silly moniker to give on a stock board. Longs can deceive to get a stock price up just as easily as a short will to drive it down.

Here's the thing... I believe NRTH will pull through on their plan this year but in the meantime, whether it's weather related issues or a billionaire unloading a huge position, I also believe that a buying opportunity currently exists.

How you intrepret that is up to you.

ILIKETA wrote: Riiiiiiight. You find it "troublesome" but you're not worried.
No motive here eh.
: )

flamingogold wrote: I don't own that much of this to worry or lose sleep, just enough to keep me interested while I collect steady monthly payouts from my boring dividend funds.

ILIKETA wrote: Ok... Then don't sell me your shares, even though you find it troublesome when the stock you own is tanking. Whatever floats your boat.

"

flamingogold wrote: Nice try... I first bought in August and held a 69c avg before selling almost twice higher in the Spring. Now I'm reloading. While some were predicting the moon ("form" now in hiding), and others who doubted my low 90c call paid much higher prices.

ILIKETA wrote: "I find it troublesome when a stock is tanking when the market is hitting new highs."
Hopefully you'll sell me your shares tomorrow.

flamingogold wrote: "I would be more worried if the whole market was tanking "

Quite the opposite imo, I find it troublesome when a stock is tanking when the market is hitting new highs. Just think what will happen when the market reverses? Let's hope Trump and Xi come to some agreement with their just announced meeting, otherwise down we go.

ILIKETA wrote:

Portoinvestor wrote: I see it as an opportunity! Just sold all my position in nrth and I'll try to catch up my money with a buy in the .60$

I'm in big (for me) at $.88 but I'm very happy it's sinking at the moment.
I'm going to be buying more once additional funds become available to me in a day or two.

Fundamentally, I have zero worries in this investment.
Technically, I don't even care right now. I would be more worried if the whole market was tanking.
I guess I'm guilty of major FOMO when it comes to NRTH.