RE:at what pointvulcan123456789 wrote:
got to ask... at what point is it just stupid to sell into this fear and manipulation... ill hold.. even forget about this market for a while... buy...not sure yet... i have lots ...when things turn around ill be laughing.. if it continues to drop i may buy as its free money.. if the world ends and nukes fly none of this matters so i hold.. jmho best of luck may god bless us all.. cheers
If you believe that the Cannabis Industry is going to be big going forward and that HEXO Corp will do well within the Sector then you either "Buy on Fear" or hold tight and ride it out. That really depends on your own comfort level for adding to the investment and what you see as the timeline for things to turnaround for the sector.
I use the Dollar Cost Average strategy with one exception, I never add money when the SP is OVER my dollar cost average. Adding shares that cost more than your average moves your running / weighted average up which I am not a fan of. Patiently waiting is something I am used to from years of watching stocks go up and down over weeks, months and years. I will be open to rebalancing the investment at either a break-even or a profit but not before and not with all my shares at once.