CGB 0.00% 2.1¢ cann global limited

Gosh, lol, these posters must be really worried and concerned...

  1. 3,013 Posts.
    lightbulb Created with Sketch. 1919
    Gosh, lol, these posters must be really worried and concerned and really trying hard, in my observation, to stop posters from posting with an opposite viewpoint. Good try gentlemen, but this is a trading discussion platform where both sides are to be heard, whether the post content is liked or not.

    When posters attack other posters, inferred or stated, then, of course, there will be replies and rebuttals. Telling posters they can't post because of court cases or having been a contractor (declared fully) is absolute nonsense. Just like faux Director statements, and faux cornerstone investor statements. Corrected, when challenged, but it does make me wonder why members don't read properly before trying to create false rabbit hole trails. I am grateful to one of our researchers that he has called this out twice.

    Shareholders and investors are down on average 86 -87% for the whole sector yet the argument is being made that CGB seems to be the only one in this position.

    CGB is not doing well, that is a fact, but the industry, as a whole is also only halfway through a pharmaceutical 10-year development phase, coming out 80 years of prohibition and having faced a global economy in the toilet and 2.5 years of a global pandemic affecting all areas of business. Just look at the frequency of the Cap Raises by all the other guys. Gosh, in some sense I am grateful that this penny is a long suspension with the market plummeting.

    I think some posters actually need to step back and do some reading on how the stock market works and the place of speculative stocks within that financial market. Stock Trading is the Casino of the investment industry, where more is lost than ever gained, but punters gamble. If you lose, you lose; own it! Yes, it is sad, but trying to blame companies or even commentators is, and I say it with respect, just ridiculous when in many cases it is the greed of the market that moves the share prices. Pennies, like CGB, move on announcements, and the perception of how the market views each and any announcement, whether or not the BOD or management of that company is brilliant or hopeless. Good traders look for opportunities.

    Losses have been happening for 300 years since trading first occurred. There can be some good wins out there, but more people lose. These posters who warn readers to be careful of posters that are pro stocks, I also warn readers to be careful of posters that are always contrarian in their viewpoint. Negative bias creates distortion in facts as seen by a poster recently trying to question me on when I sold and bought. 6 months earlier than when consolidation occurred. This stock forum is a good example of what happens when biases, due to personal losses, favour a certain viewpoint and discard market forces.

    Watch the market, not the commentary for decision making or stay away from investing in highly volatile stocks, if you aren't prepared to lose. That's what the banks tell the general public to do. Ignore is a great facility to be utilised on here.
    Last edited by Neil1959: 15/03/23
 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.