RE:To people who are b|tching about the SPSanderz wrote: (and by the way, I posted this on the Namaste board too because it applies there as well):
You're b|tching because we were so used to the big rallies and hype in the marijuana sector, like this past November/December, and also like November of 2016. Those days, I believe, are over and behind us. IF you missed out back then on those huge gains then you're out of luck. I think from this point on, the marijuana sector will trade similar to any other sector. Not the HUGE hype, not the huge run ups on every freakin' marijuana stock. none of that. Just normal, regular trading like any other sector.
That being said, with this stock being at/near the ground floor in my opinion, this will be a money maker. but it's not going to go BOOM BOOM BOOM from $1, to $2, to $3 within a few days like MYM did. It will just gradually uptrend instead. I think this is an easy double, but it will take a while for this to double. (and I don't believe it will stop there over the longer term)
The marijuana hype has settled down and will probably stay that way. Expect regular trading for the most part.
Just my opinion
And just to make clear, I'm not saying hte whole marijuana sector is going down or anything. What I'm saying is, the days of almost every single marijuana stock jumping up to HUGE gains are over. Now I think only certain marijuana stocks will be big gainers while many will sort of remain stable.
There was a time when the mention of "cannabis" in any stock would make it skyrocket but I don't feel that's longer the case. Instead, people are going to take closer looks at the companies and compare them to others and decide if it's a good deal or not.