I bought in when it was 0.4 a month ago and been heavily in the red every single day since so ultimately a bit disappointed but hoping to at least break even soon-ish
I’m really hopeful on this one but for a long term investment
Had a decent week this past week, so far still in the green on my investment!
I would say it’s going to take some time for this to be at a decent price, the hype last month around weed stocks didn’t really help new investors but did people who were holding for a while… I would say we’d start seeing a decent return in 5 years maybe, but that’s purely speculation. Definitely can’t say how much it would be…
What needs to happen is the UK need to legalise recreationally, or have weed more accessible and easier to get for medicinal uses then this company (and other weed stocks) should do well.
Don’t forget Kanabo is based in Israel. So it’s not exactly limited to just the UK market, but also elsewhere. I would think that if it does good over there, then we should see a positive reflection on the price here.
This is all speculation though, its not financial advice and personally, I’m in it for a few years with these, buying dips when I can.
Ouch, 0.4 was it’s peak. Best thing I can suggest is buy more now its lower and average down.
With this you can hopefully get your average down, see more green, and then pray the next peak is higher than 0.4.
Yeah I really bought the hype with this one, newbie doh Not sweating it though, just dreaming of the green plus sign!
I agree with this stock being a grower, I’m just going to keep grabbing a small cluster with whatever chump change I have at the end of each week and build up a collection of these shares over the next few years and hopefully one day I’ll look at my account and do a wolf of wallstreet type of celebration when it does explode!
BBC News - Scotland’s first medical cannabis clinic approved
Very cool indeed
Not a great 7 days. Down 17%
all my stuff is way down it’s depressing.
Don’t worry your not the only one. Everything is correcting after the golden run after last crash in march 2020
Just go distract yourself. Think long term
Not to mention it’s coming upto April. End of financial year and all. Its said March is always a crap month but April it bounces back a little.
Not financial advice, just something I read along this journey.
Yeah stay strong and hold with this one, it’s going to be a long journey but one you will be pleased to be part of when it does finally pay off.
Hoping to celebrate with you when that day comes.
It’s going to swing wildly like this until at least the end of the year, maybe longer. Just got to hold on and stay confident in the stock.
Well at the price, it’s not gonna hurt to play the very long game is it
Exactly mate
She’s doing alright today!