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Bullboard - Stock Discussion Forum Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, CANAJO and... see more

CSE:MLCL - Post Discussion

Molecule Holdings Inc > The Beverage Sector
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Post by dart321 on Feb 22, 2023 11:37am

The Beverage Sector

within the pot industry will be the place to be come the summer. It takes a couple of Q's for the big money to wake up and notice the beverage sector sales growth numbers. Big money follows facts not hype. When they see 200% to 400% sales growth Q over Q then the money flows and the pure beverage plays will see the largest investment chunks from the big folks. The important issue for the little investor here is when should the little guy/gal jump in and when should they sell. I always watch the average daily trading volume it gives us the trend of which way a stock will move. One more thing, when the big money moves in it takes months of ups and down for them to build up a big enough chunk. So play the 20% to 30% swings and build up your own chunk. If it happens here I suspect heavy buying up to 18 cents then a swing back to 12 cents then up again to maybe 30 cents before the next swing happens. When it starts if it does then we will have a better idea of where and when each swing will happen.
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