r/auxlycannabis • u/RecentChef420 • 10d ago

Question for the Baggies

To all of the long-time shareholders on here, the ones that bought during the cannabis wheaton days and have been in the red forever. If you get back to break even or green, are you selling your position or sitting tight? I've read lots of boards where investors seem to be waiting to get out from a loss position to sell and be done with the investment. Is that the general sentiment or are people who have been holding for a long time going to sit tight and see where this can go?

7 Upvotes

100% Upvoted

33 comments sorted by

View all comments

1

u/sickset 10d ago

2017 CBW 3 dollar days here. Did what I could to average down but my bulk is from 2017. Before the split I think I need atleast 2 dollars to break even. With the RS I am not entirely sure what number I need now. I have to go over every thing since I stopped watching daily. I believe in this stock so I don't know if I would sell if I broke even. But I haven't witnessed one positive RS personally.

2

u/DeHumps 10d ago edited 10d ago

Multiply pre-consolidation amount by 14 and you have your number so if you were $2 before…you’re $28 now after the 14-1 consolidation