@StockObserver I've bought and sold MXC 3 times. This being the third time and full disclosure this time was at a loss the first two times were for profit.
There's quite a few reasons behind me exiting.
1. I believed the company was well placed to take advantage of the growing medical cannabis market. I no longer believe that management are capable of returning a profit to shareholders and it is becoming more and more clear that the only persons making money from this venture are the ones running the company.
2. Global factors are triggering some rules for me in which a larger portion of my portfolio is being returned to cash. Cutting the "dead weight" so to speak.
3. I run a tech business which will be launching a new SaaS product in the first quarter of this year and I will be attending three expos to advertise/demonstrate. I'd rather invest in myself than in a company that I believe is not being run well.
