InvestorsHub Logo
Followers 6
Posts 1063
Boards Moderated 0
Alias Born 03/30/2015

Re: rodgranite post# 820

Tuesday, 12/14/2021 12:57:58 PM

Tuesday, December 14, 2021 12:57:58 PM

Post# of 981
These are traders/flippers who buy stocks off the headlines without knowing a thing about them. FIFG is a stock that rarely even does 5,000 shares a day and when the Costco headline came out, it did over a million shares.

So, it would surprise me to see maybe a few others taking their loss here before the end of the year. That seller with 65,000 shares at $.25 probably is another flipper who ran in and grabbed shares off the headline.

Anyone with some patience has a great opportunity to make some serious profits in the future if the Southeast Edibles division really takes off. Being on Amazon and Costco is a good start so we will just have to see how it plays out.