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Replies to post #855 on Neptune Wellness Solutions Inc (NEPT)
FUNMAN
02/18/21 1:20 PM
#856 RE: value1008 #855
value1008 Member Level Thursday, 02/18/21 10:56:59 AM Re: FUNMAN post# 854 Post # 855 of 855 Nice to have that $8M CAD windfall come into their cash coffers. After an 8-month hold, I sold all 23k shares from 2.10 to 3.02 earlier last week, averaging about $2.60 per sell, a rather miniscule gain from my cost-avg of 2.28 over the months. I missed the big, brief pop to the $5s and $4s pre-mkt last week, but i just couldn't trust the stock not to plunge after what i suspected would be another disappointing earnings report. I left SO MUCH MONEY on table --by buying too high in mid-July 2020 in upper $2s, --by not swing-trading those daily 20-cent up-down moves throughout the Fall, --by not selling upspikes in Oct & Nov, --by not buying in Dec. at $1.50s when I almost bought an extra 7k shares, --then by selling all shares from 2.10 to $3.02, and missing by 1-2 days that huge spike in pre-mkt on 2/10. In sum, that’s easily over $60k-80k missed by not doing a few of those things! But of course now i'm glad i sold for at least that 14% gain, given the release of that dismal E.R. on Monday. Yeah, the conf. call has some notable silver linings, but it looks like another 2-3 qtrs before we see the kind of positive earnings news (with Mood Ring etc.) to significantly re-set NEPT higher into the $3s or $4s again. There's always the possibility of another crazy momo up-move like seen last week!--especially on any USA legalization news.