OTCPK:SPLID - Post by User
Comment by
mooresyon Feb 21, 2020 7:48am
168 Views
Post# 30716591
RE:any chance of going up?
RE:any chance of going up?Didn’t go to 50 cents last year (2019). I think high was 35 cents in January of 2019.
I would stay clear of the pot sector.
Don’t even look at it at all. They are all struggling and not many are gonna survive. EAT is in a bad place right now. They lost biggest customer and have little to no money. They are burning through cash at a high pace and management is clueless. Don’t get caught up like I did and risk too much. Extremely volatile sector. I only bought this pot stock. I invested way too much in EAT and lost a lot of money. They seemed to have everything in place to do very well but they can’t execute anything.
If you do decide to buy a pot stock get one that has high volume so that you can get rid of it easy (WEED). I didn’t think that through when I decided to buy EAT. I had a lot of shares and knew it would be difficult to sell them all and not crash the stock price. That is one of reasons I didn’t sell until it was too late. Looking back I don’t know why I cared about dropping the stock price. Guess I got kinda attached to the stockhouse posters and didn’t want to screw them over. I am a nice guy and nice guys don’t win the stock market.
Good luck and buy blue chip stocks. They will slowly increase and you will do better with those. Microsoft is a beauty and it always beats the market. You will be able to sleep at night with Microsoft. It may go down but it will always go back up with the market and exceed the market.