where to next?, page-597

Your idea of long term at 2022 is too optimistic. It might be 2032. But that exit point can also be a painful drag over the next 15 years and ended up at 1c. You cannot tell with this kind of speculative stock. It makes sense to put $2000 in and lock it away thinking that it is ok to lose it. The problem is that institutional investors have the benefit of getting in at around 20c and wait for the pump & dump game to take this stock high so that even with all the dumping for 6 months, they still benefit once the shares are out of escrowed period. Just look at the announcement that 132,707,14 shares are out. They probably try to sell most of it and still get a huge chunk of profit. The question will be who are the bag holders at the end of the company fails. These big players just move on to other stocks.

The developments and the news from AusCann has been very opaque. It's been all promises and very little show.