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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. > Good Spot to Add
View:
Post by CaptainConn on Oct 29, 2021 3:47pm

Good Spot to Add

I know I am going to get bashed because "we have all heard it before" but I think technicals look a little bit better and today's candle shows signs of the stock trying to put in a bottom. I added to my position today (been buying since 25 cents). Good luck to all.
Comment by SamRothstein on Oct 29, 2021 6:24pm
Fully agreed.  
Comment by bukobucks on Oct 29, 2021 9:24pm
Although I agree, the stock is trading about the same as if you bought it day 1 of it trading publically. True measurement for management in a public company that doesn't pay a divy is stock appreciation, so I'm not sure where to grade these guys. If you bought and held this has been dead money since inception. I am already loaded up on this one, and still up, so I likely won't add ...more  
Comment by CaptainConn on Oct 30, 2021 3:03pm
"True measurement for management in a public company that doesn't pay a divy is stock appreciation" I do NOT agree with this at all. This is rarely the case for start ups and micro caps. The usual route is years of pain during infancy and then IF successful, a massive return. If you are looking for steady stock appreciation, I think it is best to invest in bigger name growth stocks ...more