Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 14, 2020 6:13pm
146 Views
Post# 32102935

RE:RE:RE:thank you sweet Lord! $0.45 close!

RE:RE:RE:thank you sweet Lord! $0.45 close! I'll have to do the math on that one as I have bought and sold it (and most of the other names in the sector) several times, and in various accounts.   No question though I would be further ahead as a % had I bought all my TRIP stock in the $0.075 to $.08 range where I first started buying it at start of November and never sold a share.   I don't think I would be up by the same amount of dollars though, because every time I bought and sold it profitably it gave me the confidence to  keep increasing my position size every time I got back in.  I finally stopped selling any shares at all when I got back in at $.18.  By that time my confidence had really grown in the stock, and the way it moved, and I also had time to study the sector more and all the other companies in it.  The problem is that for every stock that does what TRIP has done in the last month, which is utterly incredible, there are 9 other stocks where you would have a small gain, breakeven, a small loss, or a big loss, except of course in the shroom sector.   I am very used to playing defensively and protecting my capital, especially with micro cap stocks.   But this is not usual situation or sector, this is cannabis 2.0, and once the market had confirmed that to my satisfaction, I realized holding and increasing position was better strategey.  The perfect play with perfect hindsight would have been to start buying right when I did, and just kept buying on the dips, which is what I started doing when I got back in at $.18.  
<< Previous
Bullboard Posts
Next >>