GREY:ISOLF - Post by User
Comment by
Trippleline1on Apr 03, 2018 6:03pm
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Post# 27824518
RE:We will be fine and here is why ..
RE:We will be fine and here is why ..Verygood points joker. The RSI of 27 still baffles my mind. I can't believe how oversold this stock is right now.
Joker111 wrote: 1) we are actually not in weed sector only. We are in health and wellness which is a more established and reliable market. 2) We are almost a biotech company and we are even waiting for our patents to be finalized and granted. All biotecs were hit in the past few weeks. Billion dollar biotechs operate at loss and we have positive profit. Undervalued. 3) The chart shows RSI 27 which is ridiculously oversold. Sure it can go further down but extremely unlikely 4) One reason that ISOL goes down with weed stocks is the opportunity cost of holding when other stocks are available at discount rate. This year the CBD market growth will convince the investors to stay on board. 5) Unlike many weed stocks we are international compamies. Trump can have short term impact on us due to the opportunity cost that I mentioned ... but in long term we are not limited to US and Canada or even legalization.