OrganiGram Holdings Inc (OGI)

[MMPRuser]

sounds like a flawed strategy, it doesn't take into account for marijuana or money, balance sheet and burn rates, just the price others have paid in the past for this stock. What people paid in the past for this stock is no indication of what others will pay in the future.

I started buying at .53, then at .48, and a bunch more at .41 (that last bunch was more than I wanted to invest in just one company) - I was okay with .53 then, and I am ok with it now.

But when the price recovered from its recent dip I let go of the stock I bought at .41 - got rid of that at .56, because I thought that was a reasonable value for this stock. I got rid of more at .60, and I got rid of almost all of the rest at .62 - because at that price I considered it overvalued.

Since then I put in another order at .54, about where I started with, and so far I am okay with my investment, my strategy has never changed, I keep an eye on the news, I look at the numbers, and I think at about .54 you have a decent chance at some growth, nothing more exciting than that, but these penny stocks are funny, find an actual business behind one of them and you can make some money :)