In my last post I told you about some of my recent trades in the Canadian marijuana sector. Phewww….thank god that I made those moves..for now anyway.
I sold 2800 shares of Aurora Cannabis at $2.72 about 2 weeks ago and the price has dropped to $2.39.
2000 shares of OGI were traded for 2000 shares of Maricann. Organigram dropped almost .30 cents from where I sold it. Maricann went up 7%.
Supreme Pharmaceuticals got sold at $1.30. That same day I sold, it dropped 5%. As we speak today it’s dropped even further to $1.16.
The Midas touch! All of this means I have CASH! Not too long ago I was making all the wrong moves.
If Organigram or Aurora drop another 5-10% then I’ll probably pick some shares up. I’m okay with buying Aphria and Aurora when their market cap is in the 600 million range not the 900.
No trading in Canada tomorrow as it’s a holiday. Man, I used to hate Monday to Friday, now I look forward to it. Life is good.