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Re: FUNMAN post# 782

Tuesday, 10/15/2019 6:24:55 PM

Tuesday, October 15, 2019 6:24:55 PM

Post# of 4088
Finally a surprise! As we all know you cannot time the market. I have traded in and out of Valens but have not held a position since end of July. Bought back in yesterday, and LUCKILY I think I may have come close to hitting the bottom.
I think Deswag hit the nail on the head...take profits, keep long term shares! I also made that same mistake with CWEB except I took profits at $25 but not again at $23 on its second run. Totally broke my discipline, which I thought I learned back in the dot.com days. I also think you are spot on thinking investors now will be investing in profitable companies, or companies the street thinks are close to listing on the big boards. (IIPR CWBHF VGWCF MEDIF APHA etc) There are also some very undervalued companies right now. I think TGODF is a good example. I think if it announces financing this week, it will take off again, then we will start hearing about the NAzSDAQ listing, and it could pass $2 again, in short order.
As alwas, do your dd, know your investments, and like deswag wrote;...take profits, hold on to your long term holdings.
Very Long: CWBHF MEDIF GTBIF VGWCF.