Sky,
yeah I'm down about that much.
but a few things, I hope it gives the readers some hope.
in 2008 they interviewed buffet...gloating....so warren, with the crash you are out billions, 21 billion in fact.
Warren: haven't lost a penny
Reporter: are you mad? look at the charts, look at the math, based on Berkshire Hathaway holdings you are 21 BILLION LOST in value!
Warren: Nope.
HOW CAN YOU SAY THIS????
Warren: I didn't sell.
guys every day I wonder why I haven't sold this company. I did sell ALL my CBIS for about -10K red. why? well if you ever went to CBIS, they were posting news articles about how its CEO was indicted for fraud, CBIS was the CEO's FIFTH penny otc startup...and he's now wanted in Canada for fraud. CBIS TRADES TO THIS DAY around 3 cents a share. down from it's high of 12 cents....but it's still trading...and some days it even goes up. The last time CBIS posted earnings, they were -14 MILLION in a quarter, +1,500 dollars income. yeah, go to the site on investors hub and check it out.
I sold CBIS and don't even wonder. but my point is that these are penny stocks, the SEC doesn't watch, doesn't care. and if BAllas had a fraud background, you all damn well know the real researchers here would tell us about it.
in some ways sky and fellow longs who love UBQU, I'm glad you are holding with such pain as I am. it makes me not feel like I'm in some personal matrix where my fate is so messed up that every stock pick I make is destined to fall. it's not just me.
but I bet you believe just like me, if you sell now....take a huge 100K hit you can't truly defend....tomorrow....or the next day...or in February 2019....you'll see UBQU pop to 20 cents because it turns out Cramer mentions it, or the distributorship program works out, or I go to my herb shop after legalization and say "hey, can ya stock cannazall?"
if this is fate testing us, sell now, regret later.
if you don't need the pittance you'd get from selling now, or you KNOW there's a penny out there that the 10% you'd get from selling out would get you it all back and more....then make the play.
Until then, watch for more bad news, inverse split and bankruptcy very bad. another mediocre earnings for q4 2018.....bad, but hey, most of the selloff from the argument "pot hot, why ubqu not?" has already happened. the day traders will still bounce this thing from 0005 to 0010 to make thousands on the day. we could join them in that and still hold our expensive shares. indeed if we get a local pop I'll trim some of my others and try to reduce the overall pain.
All I ask is that you buy an oil of two for their costs of 20 bux or so (when on special) use them, or as I did, gift them to my friends...I got my delivery in 2 weeks as promised and they said the flavor is great and the jury is still out if it helps their anxiety. regardless, the product is fine. its encouraging to hear canazall is ranked 12 of 20 in all CBD oils. buy some....so ballas' work for him...get cannazall out there. heck, being down 100K on paper, I can afford 40 bux for a little product lol
