(Total Views: 434)
Posted On: 11/06/2018 7:38:25 PM
Post# of 74803
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I wouldn't be that concerned that the stock slipped under one cent. If it was something serious, there would be a lot more than 5.8 million shares traded. That's really next to nothing.
All it takes is for one person to lose patience and dump a couple of million shares at market price and that usually means at a loss.
I believe there are a lot of people buying stock in this company because they think they will make a quick buck. They are probably investing money they can't really afford, and when bills come due they have to sell at a loss.
This same scenario is played out all over the stock market, not just with RMHB.
It takes a ton of patience to make money on the stock market, and unfortunately, it's in short supply with most market players.
The majority of investors sell at a lower price then they bought because they simply can't wait it out. Until you sell, it's just a paper loss. You have not lost anything if you wait it out.
Sure, we all want to hear the big news right this minute, but business matters take time. There are a lot of legalities to deal with and there is no way you can rush it.
We need this to be done right, no matter how long it takes.
All it takes is for one person to lose patience and dump a couple of million shares at market price and that usually means at a loss.
I believe there are a lot of people buying stock in this company because they think they will make a quick buck. They are probably investing money they can't really afford, and when bills come due they have to sell at a loss.
This same scenario is played out all over the stock market, not just with RMHB.
It takes a ton of patience to make money on the stock market, and unfortunately, it's in short supply with most market players.
The majority of investors sell at a lower price then they bought because they simply can't wait it out. Until you sell, it's just a paper loss. You have not lost anything if you wait it out.
Sure, we all want to hear the big news right this minute, but business matters take time. There are a lot of legalities to deal with and there is no way you can rush it.
We need this to be done right, no matter how long it takes.
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