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Bullboard - Stock Discussion Forum 3 Sixty Risk Solutions Ltd SAYFF

3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge... see more

GREY:SAYFF - Post Discussion

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Post by 1234ZION on May 01, 2019 9:44am

.32 wow!!

but as you say ¨great potentiol¨  By far the most ignorant trade I have got myslef into but now stuck with this hot garbage!!! earnings will come out and this will hit .40 then head back down to settle in the low .20´s high teens with the markets cool down. Lesson learned playing crappy Canadian Stocks!
Comment by Stockfinder on May 01, 2019 10:25am
It is the cheap paper we all knew existed. It's a longer play, today's trading patterns should not concern with someone who's focus was to hold long and let the company succeed on its global expansion plans.  And that's why I had a $20-30k plan, starting with $5k, only $10 in, and averaged to ow 40's. I'll buy all the way to $.01 if it goes there, only means the ...more  
Comment by 1234ZION on May 01, 2019 10:45am
Your not wrong but not everyone adheres to a long term hold strategy. For me and probably many others, a reasonable mid term hold is 3-6 months but all the respect to those who invest and or trade different from myself. Either way though, these share prices falling in the short term  is good for nobody.  To your point and Buffet quote, , buying in at .45 I  incorrectly thought that ...more  
Comment by Stockfinder on May 01, 2019 11:05am
Yea it's crazy to watch, that's why I don't. No one is selling at a 20-30040% loss now, it's the cheap paper, people making bank on cheap shares they bought last fall. Once we clear through it, and we see the momentum via financials, we'll be fine. It does suck to watch, but am optimistic that it's common terriroty for a newly list company, in the "prove it" ...more  
Comment by 1234ZION on May 01, 2019 11:11am
It certainly does and we still have a few weeks before the earnings come out.  My only confusion is why would these guys sell now if there was still so much upside, that is the part that is somewhat fearful for me. Regards
Comment by Stockfinder on May 01, 2019 11:15am
They're probably using borrowed money, or margin accounts. Who knows, they made bank either way from .01-.25. They could sell all and rebuy the bottom with all of the profit made. Even more when weak hands start to sell off
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