RE:RE:New 52 week low, againquinlash wrote: How about you slip some shares into a margin position and see how that goes for you, all you have to fear then is a bill passing in the US to progress legalization and the SP popping back up
Buying Hexo in a margin account would be quite risky because there could be a senate vote. Why would an investor would be d4mb enough to take the risk. Suggesting it is even d4mber. The increase in price would be short term for Hexo. The US companies would be the ones to invest in. Although I would probably sell before their quarter results. I might buy Canadian ones as I posted before for short term, my money wil be in the US ones and surely not Hexo at this price. If there is no vote, the downtrend will continue. At .10c Hexo would be interesting before the vote for a quick gain. Hexo will not go down so fast.