Post by
DOCInvestor on Aug 27, 2021 7:51pm
Please, if you can't handle fluctuations, SELL your shares.
GRN has a high beta. Get used to it. It isn't going to change soon with such low volume.
You see, and I know most of you know this, but for those who are less experienced:
"When a stock price, by percentage, fluctuates more than the market (this is called high beta), AND very little stock is sold/bought on a daily basis (volume), it means that a majority of the equity holders (you, me, firms, GRN founders, etc.) are HOLDING ONTO THEIR SHARES."
What happens when almost no one is buying or selling on a regular basis? The stock price can go all over the place. It's great for a daytrader. But if you think GRN is a good company and deserves those lofty price targets (as high as $4.00+) don't be caught slacking.
Why? Because that lack of volume means that when the market tips the scale (buys more than it sells) it will SKYROCKET. GRN has had a few 10%+ days and when the stock price hits the $2.00 range this means the daily gains will be 20, 25, 30 cents.
When this stock hits $3.00 I am extremely confident that the move from $2.00 to $3.00 will happen in 2-3 weeks rather than 2-3 months.
You've been cautioned.
Comment by
Zoolou1 on Aug 28, 2021 5:02pm
Maybe when CEO Brad Douville starts reappearing in the media to pump this stock we will then see people buying.