Friday, April 02, 2021 6:26:35 PM
If you go back just a few weeks (from when you bought in)..
WDLF was trading at around .002 - which is a 1000 percent gain.
I personally think that WDLF has held up extremely well considering the beating the OTC has taken (in general) and the huge gains that WDLF has recently realized (I personally feel the gains are justified)..
IMO it is not unusual (especially in a down market) that some folks are going to harvest some gains.. **and the OTC has definitely been down!
Looking forward, I personally think we could see another 10 bagger - if the company executes (which I am confident), if new legislation opens up the 80 Billion dollar MJ market (which I am confident), and then if huge money flows into this space and in particular MJlink and WDLF (which I am confident)..
In fact, considering we could still be in a bull market (economy opening back up, lots of stimulus money etc.).. and knowing what kind of excitement an emerging sector could bring (80 Billion dollar market).. I would not be shocked if we are surprised on the upside.
WDLF is still a speculative stock.. but imo it is a HIGH RISK/VERY HIGH REWARD play.. that could pay off big time if certain things fall into place.
And all of this is not even taking into account all of the other IPOs coming to market.
Btw.. the quality of the management (imo) mitigates some of the "risk".. and also being in the right "sector" helps as well (because even the companies that are not hugely successful in the MJ space will probably be lifted up by the enthusiasm)..
As we all know.. there are no sure things in the stock market..
but for the reasons I outlined above I've decided WDLF is a good place to put some of my speculative money.
One last thought..
Holding at .02 kind of feels like holding at .002-.003 (again not that long ago).. folks felt like WDLF should have been trading a lot higher.. and personally I was the guy who sold part of my position to trade other stocks. Fortunately (for me) I bought back my shares just in time for the run up.
This is not advice to buy, sell or hold.. just sharing a personal experience that it is NOT easy to know when these stocks are going to make their run. Sometimes a little luck and timing help:)
Good luck in all your investments.
Cy
This is my opinion.. please do your own DD.. this is not investment advice.. I simply try to find the best companies to put my
money.. and I post on boards where I either have an interest in the stock or own shares.
Recent WDLF News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 06/06/2024 07:51:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 10:26:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 11:03:18 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 01:57:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 12:50:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 02:00:10 PM
- Form D/A - Notice of Exempt Offering of Securities: [Amend] • Edgar (US Regulatory) • 12/08/2023 06:16:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 05:41:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 08:13:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 10:05:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 08:05:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 08:52:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 01:00:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/02/2023 01:00:32 PM
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