RE:RE:RE:RE:HEXO's Deals with Molson Makes it Buyout TargetRocket,
As a longer term reader of the forum you should know this...
-> I invest with a 3 to 5 year timeframe
-> I use a Dollar-Cost Average investing strategy
-> I do not do much of any swing or day-trading (I invest long, my patience for day-trading is very limited).
-> I deem short-positions as too high a risk to warrant the small returns I would consider as possible (considering I would never stay in a short position past the close of regular hours)
To correct an assumption you seem to have...
-> I have never shorted shares of HEXO Corp at any time in the past 3 years.
-> I have never sold any shares of HEXO Corp in the past 3 years.
To FURTHER Clarify...
-> Any time the SP is below my dollar-cost average I add as long as the additional shares make a meaningful difference to my dollar cost average.
-> Once i hit my total max budget on a stock I hold and wait until I can rebalance at a price I see as fair market value based on comparibles (or at least somewhere close).
-> I use Sales Ratios (current and projected) for price targetting.
I have said this many times and I will repeat it yet again... IMHO the Shares of HEXO Corp HAVE NEVER HIT a shareprice high enough based on sales ratios to warrant my selling of the shares. When it does I only plan on parting with apx 10% of my holdings.
If you do not know how to do the comparisons you can do some research into PS-Ratios. If you don't like research and do not like holding for periods as long as I do... then I would suggest you come to terms with something more agreeable for yourself.
HEXO PS-RATIO Data
https://ycharts.com/companies/HEXO.TO/ps_ratio
DYODD
Q
- HEXO Long