Friday, April 16, 2021 9:07:49 PM
With huge potential, amazing financials and a sound management team, there is no reason why this stock should be dropping. So why is it? Its dropping because fellow investors are getting nervous and selling at a loss to try and salvage some of their investment. They are selling because there are plenty of forces out there manipulating false news, spreading rumours about poor products, management, financials etc. to scare you into selling. When you panic sell you’re helping drive the SP down! Unless you’re desperate and need the money, DO NOT SELL AT A LOSS!!! You would never take your money and light it on fire, so why would you sell at a loss? That’s exactly what you’re doing.
So how can we see our investment in this company grow? If we ALL band together as fellow investors and do the following we will see SP stop dropping and can get this turned around so we can all sleep stress free!
1. Stop Selling your shares - at least for 1 quarter (3 months for those who don’t know what a quarter is) let your investment sit.
2. Put a Sell Order with a High limit for min 1 quarter – How do you do this? Its simple and will take you a few minutes…Go into your trading account or call your broker and put a sell limit on every single share. Put the sell limit price super high and specify the sell date out by minimum 90 days. For Canadian stocks the furthest date you can specify is 90 days and for US stocks its 180 days. Here’s a link for your ease on how to prevent your shares from being borrowed by shorts (https://www.contracts-for-difference.com/borrowing-lending-shares.html)
If we ALL do the above two steps, short sellers will be extremely limited in their ability to short the stock. They won’t be able to borrow your shares to drive price down!!! Yes, for all new investors, that’s exactly what they are doing…go to google and research “Shorting a stock” here’s a link for ease (https://www.fidelity.ca/fidca/en/investor/shortingstocks). You will quickly realise that if you follow the above to steps you will stop your shares from being borrowed.
Now, after you’ve done the above two steps…go now and start doing research about the company, their products, their future, what is the potential of their product etc. This company makes products which ARE the future. They are going to change the way we live!!! PLEASE STOP getting tricked into selling your shares to shorts and see your investment grow!
Now sit back, stop stressing and your hard earned money will start to grow. God Bless our investment!
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