Thats a tough call. I think SRUTF gets bought out sometime in 2020. It certainly will be before 3-5 years imho. Until we see the hype created by Cannabis 2.0 its just impossible to even guess. I would guess SRUTF is back at .80 from here if: we get some news re the new legislation in Canada, an update from Dolo directly, re legislation, and new partnerships announced. Remember you have a ton of companies hyping legislation and....these companies have been just slaughtered the past 6 months, many have institutional buyers as well. You also have companies like DTEA that is now in beverage and soon edibles. I see SRUTF still being a spec play with great upside but very risky vs the extractors, the CBD companies, the growers, etc. Again, I have no idea when I will enter back in but I will need to see high volume and the pps rising for 3-5 days to say...... .40-.50. I see SRUTF more of a buy and hold and look at it 6 months from now or a year. That being said, its such a spec play you will get day traders and swing traders etc so its just too hard to predict. Now take a TLLTF the past 2-3 days. They are up almost 50% or more on: relevant news! Then you see volume 3-5X normal volume. One more day and see where it settles but I think its going much higher, and soon. So we need NEWS. We need more from the ad agency and we need an update from the CEO. I do know people who bought SRUTF back in early 2019 and sold, will come back and look this month at SRUTF. I just think there are too many other stocks that have been beaten down and making comebacks now, right before 2.0 sets in. Savvy investors will buy into the date and sell on news soon after the date I imagine, only to buy back in as pps drops again. Its all speculation bro I have no idea. Its all just a guess. I will buy shares and hold long term not worrying about the daily ups and downs. What about you? What are your thoughts? I know the one thing that drove me to SRUTF was the patent pending technology re water solubility. To be able to control dosage much more exact was huge for me. It still is huge for me.
For what its worth is is healthy and helpful to see both sides from people here who post here, both bears and bulls. UpDownTrader is a smart guy and his points should be taken in as well. It's always smart to play devils advocate. It's the pumpers and shorts on boards who have zero substance, get emotional, and waste everyones time. I do not see that here on this board recently. GLTA
