Sunday, January 14, 2018 2:17:51 PM
I know, I freely admit it, and I am trying to change my ways, please forgive me, let's move past this....and it was $4.86 - that is easily an additional 50% ROI over $4 considering my average price per share obtained at the time. I took some off the table after achieving a rate of 200% APR...and I freely admit that if i had instead adopted a buy and hold no matter what the cost approach at that time my absolute returns would be much more, I would be richer than I am right now, I would have much more debt but it wouldn't compare to my the difference the current market value of the holdings I would have right now....
all i can say about that is I remember being in the car driving somewhere with my pregnant wife, and she was really concerned about the debt, and I wanted to take care of her and lock in some of my amazing performance at that time.....so I sold....
also, I admit that I talked a lot of shit about this stock on this board with the hopes that somehow I would convince the market to sell so that I could get back in, because I really knew that $WEED was worth more than it was....I did that several times, and I am doing it now...
but motivations are irrelevant, in reality I truly believe what I am saying about CGC's intrinsic value compared to market cap - 19 publicly traded Canadian LP corporations are valued at $20 billion dollars - there is major risk here, and I don't like the upside, these are just my opinions - just talking about myself how it relates to $WEED investing, the cannabis market and CGC - that is what this board is for
all i can say about that is I remember being in the car driving somewhere with my pregnant wife, and she was really concerned about the debt, and I wanted to take care of her and lock in some of my amazing performance at that time.....so I sold....
also, I admit that I talked a lot of shit about this stock on this board with the hopes that somehow I would convince the market to sell so that I could get back in, because I really knew that $WEED was worth more than it was....I did that several times, and I am doing it now...
but motivations are irrelevant, in reality I truly believe what I am saying about CGC's intrinsic value compared to market cap - 19 publicly traded Canadian LP corporations are valued at $20 billion dollars - there is major risk here, and I don't like the upside, these are just my opinions - just talking about myself how it relates to $WEED investing, the cannabis market and CGC - that is what this board is for
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