RE:AC Stock PriceJuIieRichards wrote: Early August 2017, AC stock price first reached the level that it is at today. For those who began investing 4 or 5 years prior to that in low single digits, it was a good money maker. At that time with a lot of fan fare many sold their shares and entred the brave nw world of Cannabis. Between August 2017 and July 2018, AC shares didn't do much, rising to 27 and falling more than once. The cannabis crowd thought they were champs, but then most lost their shirts. After July 2018, AC began its next journey up till early 2020 passing 50 while the cannabis losers kept yelping in anger. AC didn't go up by accident or by chance. Did so because it prepared with many years of hard work/
Covid intervened. So it's August 2017 again, or July 2018. Long term shareholders have no concerns as they have already won the game, and more wins are ahead. It takes 9 years to double money for investments that gain 8% every year. CPP made 1.2% last year. AC has been an incredible ride for LT investors. And for those who had the confidence to buy covid lows. For any long term shareholders it will reward them as well. The next AC chapter is just beginning. There is no straight line up in investing, but long term investors know their game and have the patience. The noisy carpetbaggers and trolls can keep yapping as they are angry and don't have any assets (think MJ stocks, so funny). If they have so much confidence in their BS why don't they just execute massive shorts on AC or use options to buy puts or sell calls? Do it, and stop yapping. LMAO, and will keep laughing in the years ahead. GLTA
Thank you. Now patiently awaiting the resident Anal-yst's detailed contrarian report for it's upcoming "I told you so" and "If you listened to me" conference.