Post by
drbob512 on Dec 06, 2019 2:08pm
Cresco & Origin H up on moderate to low
volume, respectively. Thus more weakness could occur, espec due to Cresco unlocked shares could be sold. But i bet that those who buy at current low end of fiscal year range, will see major gains in 2020 & 2021. Takes courage to hold or ave. down at these low, scary prices. Wouldnt ave. down on bad plays like Medmen but OH & CL are solid cos., imho.Would like to see selling climax/ capitulation on Cresco on heavy volume to exhaust sellers, in 1-2 wks> might be great price to get shares. We shall see..
Comment by
drbob512 on Dec 09, 2019 1:06pm
Rally today on heels of rally at end of last wk for Cresco & OH, so perhaps the 205m unlocked shares won't keep putting pressure on these 2 stocks. Sure would like to be wrong about this but am still concerned that ST weakness will prevail for 1-2 more weeks with tax loss selling as well, but not a concern if one looks at LT prospects which seem xlnt imho..