48North Cannabis Corp. NCNNF

RE:RE:Last offering hurt the stock

[gringodude]

same here, but got into the sector a bit earlier
took a position in tweed.v before it became the Canopy behomoth

didn't get out in time, beore the azz kicking but still did okay
next boom I bought some NRTH on the way up and a few others
ashamed to admit what I paid for the NRTH

no more buying, but will hold beore selling and realizing that disgusting loss

flamingogold wrote: After the dot com crash I vowed to never buy a pie in the sky, penny stock again. I broke my own promise 3 years ago thinking thinking legal cannabis would be a sure win. 48N had what looked like a winning CEO team, a real farm and loads of cash to make it real. Boy, have I been wrong.

I am still hopeful here and remain convicted to hold the stock for a future gain. But, I am done buying. I will not chase this stock when the CEO raises for 50% lower than a recent high. This latest raise really knifed long investors with a 21¢ offering, exactly 50% below the 42¢ high from just 3 weeks earlier. A year later, record markets and Charles has not added a penny to my portfolio.

Polaris570 wrote: Looks like people are not very pleased with the last offering. Looks like they are waiting for the people that invested to raise the stock price themselves to 0.26$. It's about time average investors hold there grounds. Let's wait for the offering investors to bring the price up instead of the average investor doing it for them just to see them cash out their shares when the date of expiry is up.