Agree doc! I’ve been in for a while on AC8. Averaged down to 80 cents and bought some more today. Long term hold for me. The question I’ve asked myself a few times is what has changed with AC8 since it was at $1.74 in Jan? Probably not much. For me, it’s important to remove a lot of the noise of escrow selling and day trading and look to the fundamental reason I invested in cannibis stocks. Whilst I’m down a decent chunk on AC8 and admittedly the comms from management have been poor, I’m confident they’ll turn it around and I have huge faith in the future of medicinal cannibis market globally and in Aus. Only a matter of time before canopy want to get a foothold here. I also hold cann and exl who are more established but have higher price tag accordingly. Do your own research, but if I had a shed out the back and a licence I’d be confident of making money in this industry. Also, I’d like to understand why dmavin has decided to devote their life to paying out AC8 on the HotCopper thread when they don’t own a share in the company... doesn’t make a lot of sense to me.
AC8 Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held