RE:Long in sectorCase in point.....
i bought Abattis at 0.02/0.03, got out 0.18. I thought I made out like a bandit....I mean I do believe that. Management is brutal, no news or deals to provide "gobbles" of cash.....but went up 200% today....settled around 130% up. Tgif is making cash - its a no brainer. Follow the money.
New cash is still coming into sector, retail buyers looking for quick cash, increased number of shares.....10k tgif or 300 Canopy......its an optics thing. (And w rrsp season around the corner...more cash coming leading into 420)
Glh, eat, tgif are US players and when the Feds sort out the $/tax legal issues will all be ideal partners for our large Canadian LPs....