CRON Vanguard Purchase - Cronos Group @$6.20 on 11/15/19
Got a Vanguard notification of a purchase this morning. I'd like to attempt to document, on the same day, all individual stock purchases for future reference and timing studies.
Purchases are Long-to-Ultra Long term holdings. This will not be one of my forever-holdings.
Companies purchased reflect positive outlooks on - Valuation, Growth potential, Technicals, and Future societal trends.
I want to make these public so that I keep myself honest by allowing everyone to view my winning trades and losing trades.
Sometimes months go by where I won't purchase anything, I have my limit orders preset. I wait for price to come to me.
Core Thesis:
- Cronos is the best company among it's industry peer group. Plus they're profitable, which cannot be said for many peers.
- I believe the industry is in the early growth stage.
- It's fallen 75% since the beginning of the year.
- Performance is uncorrelated from the broader market, with global operations - i.e. 'diversification'
gurufocus.com/stock/cron/summary
Best,
RH
Purchases are Long-to-Ultra Long term holdings. This will not be one of my forever-holdings.
Companies purchased reflect positive outlooks on - Valuation, Growth potential, Technicals, and Future societal trends.
I want to make these public so that I keep myself honest by allowing everyone to view my winning trades and losing trades.
Sometimes months go by where I won't purchase anything, I have my limit orders preset. I wait for price to come to me.
Core Thesis:
- Cronos is the best company among it's industry peer group. Plus they're profitable, which cannot be said for many peers.
- I believe the industry is in the early growth stage.
- It's fallen 75% since the beginning of the year.
- Performance is uncorrelated from the broader market, with global operations - i.e. 'diversification'
gurufocus.com/stock/cron/summary
Best,
RH
Nota
Here we go?Nota
Here we go ?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.