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Re: Etailer post# 23

Wednesday, 09/26/2018 7:51:57 PM

Wednesday, September 26, 2018 7:51:57 PM

Post# of 18883
Yeah... Yesterday morning I read this link

https://www.newcannabisventures.com/florida-cannabis-operator-trulieve-to-begin-trading-in-canada-on-september-25/

and I bought 10,000 TRUL @ .49

Then it dropped to .37 and I bought 5,000 more.

Also bought 1,000 @ .378 in another account.

The pps dropped to .16 and I tried to free up cash to buy 10,000 more @ .22 but it went back up and I decided not to buy more.

So I notice the TRULITE INC COM after the market closes and I brushed it off as the name change hasn't been completed yet... No big deal.

Today I find this board... read post #14... and realize I invested $7,148.85 into the wrong company! Then I remember how fast it went down to .16 at which point I was losing $4,588.85 one hour after I bought my 16,000 shares yesterday...

So I sold 5,000 (.37's) @ .44 for a $335.47 profit.

I sold 1,000 (.378's) @ .44 in the other account for a $47.97 profit.

Then I sell the remaining 10,000 (.49's) @ .47 for a $215.15 loss.

Happy to avoid a huge mistake with a $168.29 profit I closed out my 16,000 shares by 12:35:12 today and left my house until returning at about 5pm.

I get back on my laptop and see that as soon as I closed out my positions TRUL ran to $2.50 and closed @ $1.06

$2.50 x 16,000 = $40,000

$1.06 x 16,000 = $16,960

Ouch... but a profit is a profit right?... Just wanted to share my 2 day TRUL experience with you guys. Please let me know when the real Trulieve gets an OTC ticker. I live in Florida and Trulieve is the go to dispensary. The company should do very well.
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Total Trades:
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  • 1Y
  • 5Y
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