RE:PerformanceThis is misleading, anyone who bought in at 2.96 was already making a huge mistake. The stock was way overbought during the initial legalization hype. Speculators Fomo'd hard and got burnt, that's not DN management's fault (I'm assuming you're in this fomo crowd, given how bitter you are). The stock really never should've reached those levels to begin with.
As another posted, pretty much all MJ companies have had huge losses from their peaks, some worse and some better then DN. We're also still in the middle of a global pandemic where there's a lot of cautious money out there.
Regardless of what happened in the past DN is still a great bet in my book. If it even gets to $1 it would be a big win for me and seeing as management is doing a stellar job of expanding and growing revenue and seeking out additional opportunities, I think that and more is very attainable. You're free to disagree but if you don't believe it still has upside potential why stick around? Take your loss and try pick better next time. Or do you have this in your TFSA and can't even sell for a capital loss?
Canadaforoil wrote: Dec 15 2017 2.96
Dec 14 2018 1.20
Dec 13 2019 .50
Dec 11 2020 .59
What a floating turd. Stock is down 80% in three years and the board grants themselves shares for performance. MB's greatest joke. Share price only has to go up 402% to get back to where it was when the mj was young and untested. Test failed for D9.