Saturday, August 04, 2018 12:34:53 PM
In my mind it would only take a couple more backers willing to throw around another 50 million into the hat. Seems far fetched but you see it all the time. If nothing else, they are generating buzz and that alone may cause a spike in the stock Monday/Tuesday. So if you have no confidence then be ready to sell quick if it spikes to a dollar or more. That way at least you can walk away with some of your investment back.
I bought 60k shares Friday at 6.9 cents. I took a Gamble and fully understood that I will probably lose the money. However I can use the write off to offset the profits I made on Canopy Growth and other weed investments. I look at it like an expensive lottery ticket. If it spikes to a dollar I may just sell and walk away.
Whatever happens, I wish you all luck and I'm praying for you guys that lost big chunks of your savings on this. I've been there, it ain't fun to lose.
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