InvestorsHub Logo
Followers 1
Posts 90
Boards Moderated 0
Alias Born 12/09/2021

Re: None

Friday, 05/20/2022 10:13:47 AM

Friday, May 20, 2022 10:13:47 AM

Post# of 21189
True Story, I started investing in pot stocks 6 years ago. Pot stocks were
not nearly as easy to find then as they are now but I bought small amounts
of as many as I could find. Then I watched them to determine good from bad.
I still have 20 of them but I had lost confidence in all but 2. SHWZ and 1
other. I still have hope for some but not confidence.
Recently the other stock got near my buy point. So close in fact that
I put in 2 bids on it. Then I remembered that about a year ago there was
a meme runup on pot stocks and it got caught up in that. I quickly looked
at the company stats only to find out that during that meme runup the
company issued 200 million shares going from just over 50 million to 250
million shares. I immediately canceled my bids and now have to restructure
my costs on that stock since I now own 1/5 as much of the company as I did.
Shwz is now the only remaining survivor that I haven't lost faith in.
The 15 million shares that were just registered were from a deal that was
set up in 2017. And compared to what most companies are having to do
to survive in this climate that has been dragging bottom for a long time now,
I don't find this the least bit disturbing.

GoodTimesLayAhead
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHWZ News