Replies to Post #2256 onGrowgeneration Corp (GRWG)

Replies to #2256 on Growgeneration Corp (GRWG)

05/27/21 7:03 AM

#2257 RE: remember my name #2256

I too was caught with me pants down when this stock kept plummeting for like ever. I thought stock was a great buy at $48 after it had just hit $54. Boy was I wrong. I ran out of cash trying to average down to save myself, then after I ran out of cash, I realized or wrongly thought I would use margin to buy more as it continued to plummet. Then I ran out of margin, and it continued to plummet and not recover. WTF!! Well I fought to stay out of margin call for like 90 days, then about a week ago I missed saving myself from a margin call by 1 day, and robinhood sold off about 2500 of my shares, then for the next two days I had to sell more to get out of margin call. All told I lost about 3200 shares. Brutal. But what can I say, I never imagined that the stock would drop basically in a straight line from $55ish to $34ish with little to no rebound over like 90 days. Damn. Oh well Im still in it to win it.

mo_doggie

05/27/21 9:49 AM

#2258 RE: remember my name #2256

RMN: You are right with what you said here. I saw it happen. It was not foreseeable. I like that you're not letting it throw you. I think we all learned a lesson. Live and learn. You were right with your prediction of $42 by the end of this week as you are with most. This is a strong and solid company. Cramer said it well Tuesday that this is a winning stock. Onward and upward with GRWG to $100 plus!