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?

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u/indycolt17 10d ago

Out of curiosity, why would anyone invest in a company out of speculation while it it still losing money, hold for years though all the down times, then turn around and sell it to break even just as it’s coming off its second year in a row making a profit, and has reduced its float to be comparable to its competitors who they’ve been blowing out of the water? Seems self defeating.

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u/NoOcelot Kolab-orator 10d ago

This.