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23/08/21
19:49
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Originally posted by tr0p0nini:
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I am a neutral bull. I held the position from 0.04 all the way up to the top and sold all of it at 0.085. Just a fellow seasoned retail investor. I understood all the hype and dreams about this stock. But the reality is, if the trade buyers are customed to just pick up the phone/email their middleman for their worders, DW8 will not succeed in a meaningful way. If the wine producers don't really put effort in to promote themselves and sell their inventory online. DW8 will not prosper either. So far all of the talks here are about the sell-side suppliers. We need to see the buy-side coming into this platform. Dont make ONE or ZERO decision. Sell some if you are in pain, buy back later when there's a clear picture about this business. Think of paying higher prices for the information premium, instead of hoping this is a one-shot to the moon.
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You get that the prices will be cheaper if you purchase directly from the producer as opposed to purchasing from the middleman right? If saving money isn't an incentive for trade buyers then I don't know what is