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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 Jan 22, 2021 5:24pm
154 Views
Post# 32362415

RE:What a week

RE:What a weekTrip, nothing wrong with taking a trim.   I find best strategy is to keep a core position, then trim now and then outside that core position, and buy back at a lower price.   This strategy doesn't always work out though but I find for most stocks it does.   TRIP is one of the stocks where I would have made more money had I just held and never sold a share.   I sold a decent chunk a few days ago at $0.51 but later that day and the next day I was buying back hard at $.455. I do have a pretty good chunk in TRIP (and I'm in most of the other stocks in the ETF) but I limit it to 8%-10% of my portfolio.  It gradually grew to 10% since I started buying it on Oct.31 as I kept averaging up.

trip2themoon wrote: Just curious....anyone go balls deep on this? I'm a little nervous and trimmed a bit. I lost a LOT on previous bets in 2017 to 2019 and went heavy TRIP to make up loses which it has and more. Between TRIP and CMPS they are over 50% of my investments. I really believe in this sector though


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