AC8 0.00% 4.0¢ auscann group holdings ltd

where to next?, page-603

  1. 1,319 Posts.
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    If you got in at 12c, you would be laughing regardless! And if you sold at 1.8 to make a kill and come back to get at 50c you would laugh even louder. And if you do this a few times selling on high and get some back on low you would not need to hold this stock for 5 years. But the poor retail investors jumping in when the stock was over $1.60 are now under water and may never recover the loss. The institutional players who got in early almost always win. They are winning now and locking away the profit. To them, it does not matter if it's chicken or ducks or coffee or weeds, as long as they make a profit, it's a profit.
 
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