Tuesday, April 09, 2019 4:11:39 PM
I will admit, I am one of the ones who purchased this stock 2.5 years ago. I still worry about the swings on this stock, but what keeps my spirits up is the recognition that CVSciences is getting for it's products and processes. I admire how management grew up (and is still growing) to own their actions, make corrections, hire a stellar team to more the company forward. If one stood back and looked at CVSI objectively, they would acknowledge the growing pains, the scars, as well as the great company that is emerging. This is not easy to do, but any great investment is worth it.
As far as those who purchased to trade this stock, I cannot speak to it; but those that purchased this stock to invest at higher SP than today, I will say this. I have done the same with other stocks in the past, a great example is HP stock, at one point, I was in the red with it for years, but during that time, added to my position, eventually earned a 10% return. That is not much, by some standards, but it was a gain because I held. Investment is speculation. period. sometimes one wins, sometimes 1 looses.
BTW, for me, in 40 years of investing (savings for retirement, not professional by any means), CVSI is the only stock I have ever purchased that grew at such a rapid pace. I consider myself luck to have found this stock. So I think I know how others are feeling who purchased at a higher SP. My advise is either hold and see what happens, or sell if you will sleep better.
Cheers!
Recent CVSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:54:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 01:28:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
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