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Bullboard - Stock Discussion Forum James E Wagner Cultivation Corp JWCAF

James E. Wagner Cultivation Corp, through its subsidiary is a licensed producer of medical cannabis focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM. The company's operations are based in Kitchener, Ontario.

GREY:JWCAF - Post Discussion

James E Wagner Cultivation Corp > ALL cannabis stocks are down, patience is key.
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Post by Brynhilde on Jul 13, 2019 5:18am

ALL cannabis stocks are down, patience is key.

Do you own any other cannabis stock Conestoga13? The whole market is down and many are already creating new all time lows. I'm long and so far confident in Nathan and JWCA. The market will go up coming 3 month. So hold and don't torture yourself by looking every day about the SP. Take a vacation or go on a fishingtrip, or just sell and move on. That's my 2 cents. /Bryn
Comment by CONESTOGA13 on Jul 14, 2019 7:55pm
Yes I'm quite aware that the sector is down "generally" and this is most likely the cause. And yes I did go "All in" on this because I live in Waterloo Region and like supporting local businesses. But this SP is simply embarassing and I feel it could have been avoided through a more consistent and aggressive investors relations pitch by doing a press release much more ...more  
Comment by Positivelive1 on Jul 15, 2019 10:31am
I don’t mean to be critical but to purchase shares of a company because it’s local isn’t a good approach to investment. A local company doesn’t make the company profitable! Basis for buying stock? 1. Good management 2. Diversify - never place all of your eggs in one basket!
Comment by CONESTOGA13 on Jul 15, 2019 12:26pm
Yes thanks for the investment 101 advice. I know some diversification is key and completely jumped the gun to switch all of my investments. At the time JWC looked like all the stars were lining up for it and it was really to rally. Unfortunately that did not happen and many of us are now left holding the bag....and once again today we are not going up with the rest of the MJ sector....
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