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Re: TheHunter2013 post# 2135

Friday, 06/11/2021 3:09:01 PM

Friday, June 11, 2021 3:09:01 PM

Post# of 2280
Only if the reverse split is done to keep the stock afloat. If it is trading fine on its own there is little reason to expect a huge sell off. They are unfortunately in a weird position here bc they need to keep their leases going until they get approval to open the store. Red tape in Canada for retail is slow. That is why the dilution and decline in SP. I would certainly look to average down as they are getting close to being profitable once those leases start becoming revenue generating instead of a constant burn each month. IMO at least. I agree RS typically are bad but if the company has a track record of revenues it is not as bad... profits and RS means more eyes so that is all well and good too. Keep the faith but you should likely follow Aurora's lead and average down. They tripled their position I think.

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