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Replies to #423 on AusCann (ACNNF)

PositiveTrader

04/21/17 1:20 PM

#424 RE: ForAllSadWords #423

Thanks for the advice, I'm reltively new at the whole trading game. But I noticed Canopy back in 2014. I bought in at 1.70 but sold my position not long after at 2.30. Lots of regrets. I will not sell my position on Auscann. But it's always nice to hear some positive news on this company. As I don't want to make the same mistake I did back in 2015. I have super faith in this company for the one reason that Canopy holds the biggest stake in the company. I believe they own 23 million shares. I can't see Bruce letting this company fail. I am hoping for a buyout. That would be amazing!
I am holding on until atleast next year.
I'll be watching this company very closely. Any new information you have , please keep me informed.
I greatly appreciate your advice Sadwords. Let's hope for a close over .50 today.

CES2002

04/21/17 9:53 PM

#425 RE: ForAllSadWords #423

This is certainly an early stage investment since Auscann has no revenue yet and they will have to raise considerable sums of money to put their business in motion. Having said that, their relationship with Canopy is the key to their success since Canopy has the expertise and product to make them a winner.