AC8 0.00% 4.0¢ auscann group holdings ltd

where to next?, page-288

  1. 1,337 Posts.
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    I think we are in for a very bumpy ride regardless as the bull run has been for too long. After getting burnt badly in Oct, the investors are not in the mood to run ahead. I see companies with excellent performance and upgraded guidance and took over smaller companies ... yet the share were sold off even further after 30% drop! AusCann has not income at this moment so it will speculative for a long time. There will be wild fluctuations. I suspect that it will keep doing the short leg up and long leg down for a while even though let's hope we have seen the bottom at 63c. Hopefully we will start seeing higher lows from here.



 
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