AC8 1.92% 13.3¢ auscann group holdings ltd

Good luck to the long who entered this stock recently. A...

  1. 287 Posts.
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    Good luck to the long who entered this stock recently. A stop-loss order might be a good idea just in case it goes down sharply again. Last time it went up 66% without news (but with a promise of new news). What would happen now if there were no new news for the next 6 weeks? The promise of a flood of positive news is now gone. I feel that they don't have anything to announce for a long while. Will the stock goes up by 60% or down another 40%? If it's true that a lot of escrowed shares are not available for trading and the institutional holders could still make a profit at 25c-30c, God helps the retail investors.

    I hope it jump 60% up so the long will get a chance to get a profit. I am happy to stay out of it.
 
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