CGB 0.00% 2.1¢ cann global limited

CGB retail investor sentiment, page-5

  1. 3,210 Posts.
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    "... because why would you discredit your own investment when your trying to sell? It makes no sense." (sic)

    I think that this represents the errant thinking that surrounds holders of 'penny stocks'.

    As if - as if - anything that one poster (or 10 for that matter) states on this thread will influence the opening price of CGB! Absolute folly. Fatuous indeed!

    It's this silly exclusive 'club' mentality. Well ... you're with us or ... your not ... type thinking! Group thought and speak - it is a recipe for poor decision making - in my view.

    Would posters not think that the actions (e.g. the incapacity to adhere to indicative timelines + numerous supplementary prospectuses) of the company over the previous 12 or so months might have more influence on the SP than anything that @MrAwesome or anyone else might have to say might impact the SP?

    I note that while many here are happy to question the motive - intent - accuracy of those who do not hold (and even some that do apparently) - they are exceedingly reluctant to question the actions of the company and those whose actions will have an impact on the SP.

    "It's like someone trying to sell a car. Advertises it. Someone comes to look at it. Then the seller says "you don't want this mate, It's a bomb. I wouldn't pay 1/2 of what I'm asking."

    There are some significant difficulties with this analogy?

    If, the car has had some 15 or so attempts to become registered such that it could be driven safely and legally on public roads, then it might well (or should be) rather obvious to all prospective purchasers that maybe there might be a better car around the corner. Or, that the car in your analogy will be very, very cheap - if one wanted to pursue such a purchase. If, one is looking for a 'fixer upper', then it might be ok but I would want a substantial discount on that car! biggrin.png
    Last edited by Basileus: 21/07/19
 
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