GREY:CNTTQ - Post by User
Comment by
1ERNIESCARon Jul 12, 2019 1:22pm
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Post# 29914105
RE:Meh
RE:MehThats the thing with these stocks, nobody has any clue what exactly will happen. Thats why in my previous post I mentioned about not doing what I am doing and holding on to your shares. The decision I made for myself could be good or it could be a complete disaster. If losing money is going to put you in financial distress or keep you up at night, this is not the place for you. Just my 2 cents.
Sasha.Nik wrote:
Nobody can time the bottom or the top, you may get lucky once or twice, but nobody can do it consistently. That's long been established and understood - atleast by the pros and experienced traders/investors.
Now, what to do, I'm personally buying. Could it go lower, it most certainly can. BUT, I know for fact that when it does turn around, it'll be a massive gap up and you won't have time to blink.
One think I'm confident about is that this company is not going bankrupt and it will not have it's licence revoked or anything like that.
A deal will be reached where TRST will "vulanterily" dispose X amount of cannabis and "commit" to more oversight etc. etc.
That's all folks.
Now, ppl. dumping their shares after such massive losses as these levels, is beyond me
Everyone has a different opinion at any given situation and that's what makes a market.
Don't take every headline for face value, things change in this space very rapidly.