RE:Buy or Hold ?Plenty in what you say Zip, add the changes made over the last 10mos and those coming as we speak and going forward and the future is bright, going to need those shades...not to worry your track record on being right is about to change. JMHO...Opt
Ziptrain wrote: Think I will just hold.. no... maybe just buy some more. Government put a stranglehold on the largest market (Ontario) in the country since legalization probably looking for a slow rollout so as to not ruffle any feathers on the political stage at a Federal level. At a Provincial level the only way you could purchase product was through the government website OCS. That broken monopoly of a system the Liberal gov'nt introduced is now thankfully changing to an open market. Sales under this previous system were thin due to inconvenience and cost. This opened the door for the institutional investors to jump on negative news and short the market to the point of bringing the industry to its knees. (They are so smart) I would imagine a high percentage of trades originate from south of the border. Question now becomes will this company survive? Personally I think Yes. The large institutions have too much of a stake at the end of the day to make it completely insolvent. Brand new state of the art facility. Great product. Distribution will be set up centered in largest provincial market. Strong management. Time to add to my position for long term. Just my thoughts. Full disclosure.... I haven't been right yet