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

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

TSX:HEXO.W.A - Post Discussion

HEXO Equities Warrants Exp 2 Apr 2024 > Questions for quinlash
View:
Post by Keeler on Jun 22, 2023 12:56pm

Questions for quinlash

"The Market also sets the Schedule / Timing so when investing allow for a lot of time, you can learn this the hard way (by doing) or the easy way by using common sense and not going in too hot and heavy on your first trade (this goes for all investments) -> Research and consider "Dollar Cost Average Trading", it's not exciting or sexy but it works well over extended periods of time.

I am opting to hold for US Legalization, I made that abundantly clear and I am not changing course."



It would seem that you have lost 99% of your investments in Newstrike and Newstrike Warrants, Zenabis and Zenabis Warrants, 48N, Redecan and Hexo.

Hexo currently trades at .015 cents pre 14-1 and 4-1 splits.
This is fact.

Can you explain your statement that 'dollar cost averaging' strategy 'works well over extended periods of time'?

In the minds of some fellow posters/readers - it would appear that using this strategy in Hexo's case, was a failure.

Surely to have any success - the share price has to - at some point - actually rise in order for the strategy to succeed.
But isn't that the case with all investing?  
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