When will Quinn Sell... ??As I noted a billion / trillion times, I am holding onto my Cannabis investments for the eventual legalization of Cannabis in the United States. This is certainly taking longer than I expected however that was my plan coming in and it will remain my plan to exit until it happens.
The shareprice means little to me until it is goes up over my average to a "notable" degree, at this point I may consider a partial trade (a rebalance) to pull some cash out and to further drive down my overall average cost per share for those shares that remain. This is indeed part of my Dollar Cost Average Strategy and a means I use to manage my own Risk Exposure (reduce my cash in play).
Until such time where I see a price offered that I am will to accept then I hold. I also consider adding if the price of shares offered is one which I want to buy at.
Sound Boring? Ya' actually it is as I tend to hold for long periods of time and trade seldomly however it works for me as I am a patient person. The devil himself can show up and I will not blink an eye nor back off my position.
If making money on the stockmarket was super easy... everyone would be rich now wouldn't they.
Best Regards and I do hope everyone is having a pleasant day.
Q