AusCann (ACNNF)

[ForAllSadWords]

I'm currently down about $15,000 US on this one stock. I bought a lot of shares though, I'm one of the people not selling at all. If I was going to I would have sold at .55 usd at a much smaller loss but I'm here for long term capital gains. I'm pretty certain that it'll be over a dollar at some point in the future. I have a small bit of funds left to throw at this, anything below .38 usd and I'll average down a little.

As has been said, not much interest after the initial pop and mix in that the whole sector is down as well and we see the reason for such a big pullback.... not much volume though which suggests it could be MM's having a little dig to get cheaper shares and shake the tree.

Worst case scenario is that canopy fully buys them out and we get a premium on shares and have a nice chunk of canopy to add to our portfolios. Id like to see $4 before I sell but I'd take a buyout happily too.