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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Comment by SamRothsteinon Nov 30, 2020 1:52pm
20 Views
Post# 32001711

RE:Pathetic :@

RE:Pathetic :@
Seelow7, not sure who you are referring to, but I have read many complaints on this board about day traders/flippers.   Anyone on this board that says anything that doesn't equate to "invest your life savings in TRIP immediately" is pilloried as a short seller or day trader. It doesn't seem that majority of this board understands that just because you occasionally sell part of your holding doesn't necessarily mean you aren't long a stock in general.  Not sure how many people on this board get certain investing concepts like profit taking, portfolio balancing, trimming a position, core positions, risk reduction (particulary around uncertain events like AGM with unproven CEO) etc.  None of these activities equate to being a day trader.   A day trader is someone who buys or sells something and then closes their position before market closes.   I don't do day trading.   But I did sell half my position last week at $0.12, for a 60.21% profit, and I just replaced half of what I sold today at $.11.  That gives me a 9.09% cost reduction per share on that half of the position.  And frankly, even a .005 gain, which you mock as measly, at these share prices is a 4.55% gain.   And while I'm not a day trader, if you can make 4.55% in a day that isn't something I would deride either.  Short term traders provide a lot of utility to market like liquididy and volume. 
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