Bullboard - Stock Discussion Forum HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Healthcare Cannabis

Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio, including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical... see more

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TSX:HEXO.W.A - Post Discussion

HEXO Equities Warrants Exp 2 Apr 2024 > Trade@Profit -> Take Profit / Trade@Loss -> Take Loss

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Post by quinlash on Jun 15, 2023 6:51pm

Trade@Profit -> Take Profit / Trade@Loss -> Take Loss

If I were to invest in a rental property or even gold and then sold it later at a lower price then I take a loss. If I were to invest and sell later at a profit then I take a profit.

At this point my investment in Cannabis is down and I am opting not to sell it at a loss and waiting for the market to recover. I would be doing the same for a rental property / gold or anything else I held as an investment.

Just because the market is offering up sub-par prices on what I own does not mean I need to accept the offer, I can wait... and believe me.... I don't mind waiting for the prices I believe will be eventually offered up.

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Comment by Vulcan on Jun 15, 2023 8:57pm

Q I understand what your saying.. and to a point I agree.. however sometimes you have to cut your losses and take corrective actions.. I held to for a long time.. too long.. after tlry deal was announced..I knew this was over here.. things only to get worse.. I took my hexo loss and sold all.. I held cash.. when tlry dropped to a large degree I bought my tlry ...more

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Comment by TheNewOldtimer on Jun 15, 2023 10:02pm

Take the plunge Q, I am all in on TLRY as well, very good buy at todays prices! Good luck!

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Comment by quinlash on Jun 16, 2023 11:51am

V, You have to appreciate that everyone has different views and approachs to investing. Yes, if you were to sell a house in a down market and rebuy another house (in the same market / region) you will likely be buying for the same relative discount as which you sold for. If the housing market is down and you can afford to buy a second house without selling the one you have then this ...more

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Comment by VeritasVern on Jun 16, 2023 12:30pm

Queer the simpleton.

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Comment by Keeler on Jun 16, 2023 12:03am

You can try and rationalize it however you want - you have lost your investment, your idiotic strategy has failed and you should move on. It's actually getting sad and pathetic to read your posts. No-one cares, it's over for you queentard

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