RE:RE:RE:What happened to gottahunchThanks for coming back out and giving us an update. I had a feeling a few longs got caught into the mental trap of selling a little too early after so many years of abuse this company/stock has taken.
I fell into a similar mental trap on a mining stock I had gotten trapped fairly quickly on it and I had been bagged on it for about 3 years. I remember I was so sick of it that when it started moving again I ignored the charts and was all panicky to sell it for a meager profit then watched it proceed nearly another 400% from where I sold. That was terrible to watch.
Part of the reason why I started posting again is I figured there would be quite a few that would fall into the trap of selling too early after going through many years of "short selling abuse" on this holding. The gigantic shift in volume coming into Tilray was a very significant "tell" of where this was going. momo is loving these record smashing volumes.
Glad you still have a piece of the pie here Sky. As for your opinion on Irwin Simon I could not agree more. Quite frankly I don't see any other CEO in the entire cannabis space including the CEO's to the south with the same business sense as King Irwin. We are in very good hands for the long term now.
cheers,
momo
skyplt wrote: I am still lurking around, but as someone on this board said so eloquently a month or so ago; why would you parade your misses and mistakes. I sold in January for 11 dollars; I had managed to get my average buy price just below 10. After so many 20 percent haircuts (I believe 5 quarters in a row) and having met my revised goals (albeit low end of the target) I chose to go into dividend payers. I am retired now and less willing to take on too much risk. Indeed, after holding a lot of APHA for close to 30 months it is frustrating to have missed that wonderful ride this month. In truth, I did do a number of short term trades that effectively rose the net selling price of my core 30K shares at 11 dollars to a less regrettable 17 dollars...that was about 30 trades of 5K shares for one or two dollars per share profit per trade. I have not held (until this week) APHA shares for more than a day. That changed this week. I had a standing buy order in for 5K shares at 20 CDN that I truly did not envision ever getting filled...a Hail Mary. Last week's flash crash has me now holding shares at 20 per share buy. I am still amazed that order filled! But I am not trading these ones in the short term. Why hold? Mainly because of Irwin Simon. I have had some direct communications with him and I can state with first hand knowledge that he is truly a gentleman...and an incredibly shrewd business person. Unlike "loose lips sink ships" Neufeld, Mr. Simon had SweetWater and Tilray moves in play while many were accusing him of being asleep at the wheel. I am convinced he has "the plan" in play that will make Tilray a success with Aphria in the nameless driver's seat and him as CEO. He is going to make this a huge success. So I am back to holding 5K shares (about 10 percent of what I used to own at one time) with no intention of doing any trading. Just hold. I won't make any predictions as to where I think the share price is headed, and I think macro events (like bond interest and inflation) will put up roadblocks; but I do believe Irwin Simon to be one of those rare CEOs (dare I compare to Jobs, Gates, Bezos, or Musk) who has the vision and the chops to make this enterprise a huge success.
CommonCentsforDollars wrote: What happened to.....
mike411
tattooinvstor - miss this guy, where he at?
skyplt
daredevil1964
I think too many people lost their patience through the abused and beaten wife (APHA) years and unfortunately sold too early as we grew strength to rise up for that multi year beating. Unfortunately that happens..
As for gottahunch he made a post on the GRAMF board last night so they are still around...
Sneekyboots wrote: SneekyBoots