HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

RE:RE:RE:RE:RE:RE:RE:Shareprice vs. Value

[quinlash]

Touran77 wrote:

 

Cashmoneycashdo wrote: No no no buddy boy its down 50 % we were just at $14 this entire mj market is totally minipulated to steal retail investors money and i cant get out now you got no idea !

 

 

if you bought at 10-14$ you unfortunately bought on FOMO. Lots of technicals were not on your side.
We are up more than 100% since october... where technicals like daily oversold were good indicators of buying opportunity. Same happened on April 20 and we are still up 20% since and you could have even sold 50% higher since that buying opportunity.
Stop blaming the market if you are just bad at it, the market doesnt care about your feelings.

Anyone buying in that range with an investment timeline of 30 days or less, yes, I would say that was FOMO.  Anyone who added at $14 or under are still under the fundamentals on the SP vs. compariable stocks.  Timelines on fundamentals should be viewed as requiring a longer timelines that need to be measured in years (and the number of heartburns you have while waiting). 

Having a strategy of making partial buys then leaving cash aside to average down on a dip certainly helps alot.  The market selloff we seen in 2020 (across everything under the sun) certainly was trying for many but those who were long, and could do it, should of taken the opportunity to average down the best they could under the circumstances. 

To the point of an earlier poster, the SP has yet to recover to the pre C-19 pricing of late 2019 / early 2020. That can be viewed as a positive or as a negative depending on how confident you are in the Cannabis sector being a success and how well you see HEXO doing within the sector

JMHO

Q