Post by
StockDocta on Dec 23, 2017 10:04am
Kicking myself
Hate myself for only having 9000 shares on Wednesday night, and then not buying more Thursday before close. I averaged up and bought 5000 more at 2.16 on Friday. I wouldn't be surprised to see another crazy day on Boxing Day with a big pullback (but who cares) day on the 27th.
Ive got burned trying to sell and buy back lower here when it hit 1.13 and then dropped to 0.90, was trying to get in at 0.85, then the rocket started to take off. I won't let it leave me behind again, might hold these shares for the rest of my life realistically haha. This company's branding and marketing is absolutely second to none in this industry, and if you watch and read interviews with Trent, he's a guy who you can tell really legitimately cares about the company and trying to build an amazing brand...plus he's a "proud cannabis user" (his words) and the company's motto is that "it's all about the plants". I'm investing in him as much as anything else. For a smaller capacity producer like DOJA, putting out a good product and raising brand awareness is what you are going to have to do to survive in 2 years from now when the Big guys have a stranglehold on the market because of their efficiency of scale, and DOJA is doing just that. HIKU is absolutely primed for a takeover, probably before July 2019, after they have put out a few sets of earnings after rec hits.
One thing I didn't realize before was that the future lab is only a few months away from being complete (Q2 2018- last news release). Where did that come from???? I didn't even think they had financing for the build out. Top it off with the fact that the license to sell is coming in less than a month, and there are as many short term catalysts as long term catalysts, and the 50% gain the last 2 days is just the tip of the iceberg. Got 14K shares, and holding for life....or until they get transferred to APH shares when they buy them outright.
Comment by
nightandday on Dec 23, 2017 10:57am
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Comment by
StockDocta on Dec 26, 2017 6:31pm
Agreed re buying on dips....if we have another massive 20% day tomorrow I think it's safe to assume that there's going to be a 5-10% drop from those taking profits. Even if you sell and buy back for 5% difference....it's still extra shares or some extra cash to put in another stock.