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Bullboard - Stock Discussion Forum Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR... see more

CSE:TRIP - Post Discussion

Red Light Holland Corp. > Potential Bull Trap
View:
Post by iTrader2K on Dec 28, 2020 4:07pm

Potential Bull Trap

The OTC indicators could be a false signal. Big gains on nothing. I have a large position already, but I'll be holding any further buying until I see a definitive reversal.
Comment by SamRothstein on Dec 28, 2020 4:23pm
Fair enough.  What would you consider to be a definitive reversal?   
Comment by iTrader2K on Dec 28, 2020 5:53pm
Modest gains. 20% up one day, down the next has me nervous about adding. Once I see the SP stabilize (pre Dec 14) we can better evaluate FV. As it stands there's too much volatility to add considerably. GLTA
Comment by bukobucks on Dec 28, 2020 9:40pm
I added more last week. Anything under 30 cents is a buy, won't likely get any that low from now on. Buko
Comment by Northerencents on Dec 29, 2020 8:48am
Doubt it, Numi is halted this morning pending news....the whole sector likes anyone's developments
Comment by FLYxKNIGHT on Dec 29, 2020 9:00am
Agreed. Most companies will feed off of the news of rivals. Happend with the MJ sector I see many similarities with the PHYCS.
Comment by argon12 on Dec 28, 2020 5:33pm
Just hold and wait for the big money.  I don't know any day traders who are rich. Sure, they may make a few thousand here and there but it's my experience they are always out of the stock waiting for a pullback when a real permanent run upwards occurs. Once they miss the run, they never get back in because psychological they can't pay higher than they last sold for. Thus, they ...more  
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