RE:RE:Sorry about your luck guys. But I told you all Youre right. This industry was never built or designed for long term sustainability from the investors point of view. Since the writiing was on the wall a few years ago, this sector was only to trade. Not to invest long term. It continues to offer nothing but a trade.
In normal times I'd trade into the US legalization hype... but these arent normal times. The fall of the west is a very real threat. If not years, then months. Most cant see it.
I'm actively seeking ways to shelter my assets. I fear that there will be no hiding as the next phase rolls out. Stay tuned.
watchmeplz wrote: In my opinion, Bet people would have listened to you since the beginning now don't they Brent? It's funny but all the trash financials released by the other CO's blaming it on covid however when they had a "good" adjusted quarter, they said it's due to covid, so what is it? Good or bad. You can only hide under 'adjusted' numbers so long before you can't hide anymore and that's what we're seeing now with all these crazy losses, can't adjust your way outta that one, it's compounded to the point they have no choice but to show reality. Market hasn't changed only gotten more competitive and worse, more flooded, and acmpr personal production still exists, so literally no where to go but down, yet there's still people in here, saying next quarter, lmao.
brentkostaa wrote: Ive said it all along. This was never about making share holders money. It was about insiders making money on your backs. Beena was brought in to make MMCAP and insiders a lot of money. They did that. Canopy walked in and took this company for pennys on the dollar. Drowing every long term share holder.
They cleaned up debt, payed debt, made money along the way, made it an attractive buyout candidate and issued options to C-suite and sold out. Easy peezy lemon squeezy. You've just gained a valuable lesson in capital markets and what those in a position of power do to the middle class and lower class.
This is just one more example of the greedy pigs pilliaging the resources of the people.
I suggest picking yourselves off the ground, brush yourself off and make your way to your local city protest May 15th. Buckle up for whats to come.
The depression of all depressions is coming. Most will lose everything including family members.
My recommendation from here is to remove your assets from the bank. The bank has legal rights to take YOUR money to bail themselves out of the impending financial collapse. You will get a cratered bank stock in return. Get your money out and convert your cash to gold and silver. The dollar will be zero'd.
Mark my words.