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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

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Post by Mrjones on Jul 31, 2019 11:22am

Done

All right, am sitting pretty with 450k shares. It's enough.

Am in a bit of a hole at these levels but I did manage to accumulate a lot of shares on the way down.. in a thinly traded stock. I know 450k is a lot of shares because if I decided to sell all right now, a lot of people would not be happy. 

Never did I imagine that JWCA would come back down to .50s after license was granted. Most of us expected it would bounce off .90-1.00 and keep climbing. So of course, I paid more for my shares than if I started buying sub .80.

BUT, it goes back up to .80 and I'm very close to breaking even. It goes up to $1.12, am up $150k and at 1.32, a 1/4 million.

I can wait 6 or 12 months to make 1/4 million. 

The question is will my patience be rewarded?

1) Is it likely that JWCA will go back to $1-$1.20 in the next 12 months?

Or 

2) Is JWCA and the entire pot sector dead, a fad.. that fizzled worse than Bitcoin?

I humbly posit that the first is more likely.

Comment by CONESTOGA13 on Jul 31, 2019 9:32pm
Yeah if you sold 450k shares right now, it would immediately tank to 46.5 cents instead of doing so next week, which it seems to be on the path of doing SADLY. Just go ahead and thank the management of this company for clearly giving Zero F***s about this catastrophic price drop because they have failed to generate investor interest time and time again since the HC license, which lasted a mere 2 ...more  
Comment by Mrjones on Aug 01, 2019 2:13pm
Thing is,  if I tanked it to .46... all these insider fuks selling right now won't sell me their shares for less than .65 afterwards.  I won't be able to find 455k shares for less than what I sold them, even if I made the stock tank in a flash. So I need to be patient.  I either make big money when/if sector turns and/or when JWCA succeeds  OR   I lose it all ...more  
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