TSXV:GDNP.H - Post by User
Comment by
Canoutchieon Dec 15, 2020 11:51am
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Post# 32109096
RE:covered
RE:coveredprouditalian wrote: at .95
Must admit this company looks like the real deal and I wish all luck. I do think its overvalued however at these levels. Maybe if it goes to .50 Ill be a shareholder.
I've resolved to hold this stock for the next few months as the growth story plays out, but fully expect that the stock price will gyrate like a yoyo now that the cat is out of the bag (so to speak). However, if the price does pull back to $0.50 I will be adding to my position as well.
Technically, this pull back is healthy, as GDNP needs to consolidate and digest gains after running up pretty quickly. Even Shopify didn't move up all in one shot. I should know, since I bought Shopify in the low $30's, watched as it rode up to $90, then sold it at $82 on a pullback. I had hoped to get back into Shopify, but the stock price always seemed ahead of itself... however that's the thing with growth companies, the price is never going to be cheap.