Others should DYOR, I'm only justifying my continued accumulation. I got in on day 1 at 36c. I can remember the slide down to about 18c. Bought more. Seen a few pump and dumps, and more than a few good announcements failing to boost the SP.
I understand the requirement for proven revenue in quarterlies before the faint-hearted are comfortable joining the party. I'll be happy to say "I told you so" when it kicks off, and ecstatic to know I got in when tickets were dirt cheap.
I can see the huge gains some of the competition has made, as I hold a few shares in most (though MMJ is my favourite and worth at least the sum of the rest).
So far I've more than doubled my $ in AC8 and CPH, sold half and am effectively playing for free with the remainder. CAN has been a huge boost, I got in at 61.5c - now it's $2.69. I'm up (cumulatively) on ESE, MXC, THC, ZLD around 25-30%. Only MDC, GXL and BOT run red on my list, about 20% down. IGS is a bit of a cautionary tale, and the only mistake I'll admit to, but it only cost me less than a fortnight's wages.
I know I have the endurance and patience to see my MMJ at least double up (though I'll likely hang on beyond that). Irrespective of the SP, it's transitioned from speculative to fairly stable and I have no fear of losing it all - HVST would have to go belly up and/or the clinical trials fail miserably for that to happen, both of which I see very little possibility of happening.
MMJ Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
