TSXV:NSP.H - Post by User
Comment by
ScarletSpideron Nov 05, 2020 8:32am
108 Views
Post# 31840936
RE:money today
RE:money today
you see a run 20 or more percent you take it. You double out you take it. You conserve your principle as soon as you can what you do with the rest is sheer profit. I havent followed what I said here at the current time because of making price target promises openly on the boards out of three promises I did break one because I have two ppe companies where one despite garnering contracts of 112 million is trading at .17 the other that I held had less than half the shares and a horrible revenue history so I dumped that. One company I am down to my last 1000 shares holding indefinitely for a real stupidly high price but will keep assessing and another is half way to my first strike point. I have a fourth which I am beginning to think may be kaka as the science doesnt support the claim and whether it is possible...I was looking at .25 plus and if it gets there whichever way and isnt convincing I will take my principle out. I held stocks that ran hard over time pyr being one and hpq another bought cheap sold at near even or loss pyr ran to $6.42 a share when first bought .25 average sold for a stupid company...bought at around $1 sold in and the last bit a little over a year ago...price was .21 when I nearly bought a handful shot to $6.42 trading solid $3.50 plus . Hpq bought around.10 sold around.09 shot to .72 now around .50s my solution no matter what hold 1,000 shares or 25 percent of total shares near indefinitely...take almost everything out less buy and sell commissions on a double. If the equity drops maximum 20 percent sell a quarter that is some profit if it doesnt just keep holding. And you still have a quarter position super long term on the off chance your stock runs ridiculously. I was here quite some time back. I dont know if Brent Rawskins or Haskin forgot his last name is ir super awesome to talk to. Not liking how badly this diluted but dont let that get you discouraged. I almost bought a small position of medmira mir knowing their history for .03 a share $150 worth or 5000 shares 600 plus million the damn thing shot up to .89 that is with a little less than 3 times the outstandings here...for rapid covid testing. A web based company as to my understanding was using a tech app based on medmira and the reason for the surge. Now around .30s!!!! For this one it is risky with treatments tests are not anywhere as risky because they do not deal with the possibility of adverse reactions either they work or they dont same for treatments BUT if people become sicker treatment worse than the disease will most likely end the development. Usually 5 stages from my recollection for drugs..either that or 4. Anywhere along the way if there are adverse effects are the treatment is not effective game literally over more so on adverse effects...if not entirely the share value gets nailed by more than 50 percent. Now I read the arrangement here. It appears that the hemp based product will be combined with something else by the joint partner pharma who upon successful development will give 10 percent royalty or thereabouts . If nsp simply supplies the hemp makes an agreement that the hemp itself is safe as a functional food and component and carries no risk otherwise then this is a great thing to jump on board as there is no risk of sharing culpability heaven forbid the worst case scenario so if that is the case at a nickel this is cheap to take that journey while everything else is still operating. If however for nsps part the company can share to any extent culpability for it's part well then it comes down to risk reward knowing that anywhere down the line on the worst case the drug adversely affects participants on a stalemate basis has very little to no beneficial effects on best case works extremely well...the probability deck with pharma is usually stacked against successful treatments so very high risk high reward not something I gamble on at the most the medical devices treatments just too high of a risk for me. I would highly recommend all shareholders to fully understand in black and white terms just exactly does this arrangement mean and accordingly manage your position. When I saw this news I thought awesome in that the company was always wanting to get in the medical side of things. I bought more as a functional food and not medical cbd so when that emerged I was like uh oh for various other reasons avoidance of animal testing which even as a functional food when i asked Craig he said there was. This company was working on creams to treat pets with cbd base for nose and paws etc but that didnt go far. Interesting company to say the least...water soluable high grade cbd capsules for medical treatment. I was here at a time this nearly reached a buck quite some time back so I had subscribed to the mailing list. If you sincerely are passionate about the stock and company and they do a raise call Brent if he is still there he may extend it to you but you have to be sincere and genuine the company extended this to me several times which I humbly said thanks but never embraced. Brent is awesome and so is Craig...like them both a lot regardless of the trading side of things. Craig is absolutely passionate about this and it is reflective of how involved he is with cbd as a whole in terms of all the other cbd events he is involved with so the passion is here the price well depends when you buy sell and manage your shares. I couldnt help chime in...sorry for that...have a strategy in managing your shares take as much emotions out of the equation as you can follow your plan and you will do well. Glta.