Post by
RichyRich$ on Sep 24, 2020 11:22am
Hold On Boys. This is Gonna Bounce Along With the Markets
The Daily S&P500 chart shows it hit bottom and ready for a few weeks of uptrending. It's not a market crash, or it would have dropped way more in 4 weeks time. Also, notice the Cannabis stocks ETF HMMJ also pulled back a lot and ready for a rebound. It's not just ACB that was dropping. The next few weeks should be green. Also, I still believe majority of the bad news was baked in with the 2 weeks from the September 8 news release. There was actually a positive in the September 22 NR, that EBITDA was down from -$45M to -$30M. Its trending in the right direction.
Comment by
theman0 on Sep 24, 2020 11:26am
It is people like you that make the arguement valid that cannabis should have never been legalized. GET OFF THE DRUGS and receive a clear mind in return.
Comment by
RichyRich$ on Sep 24, 2020 11:31am
I'm looking at the technical analysis with a clear as hell mind. No fear! ACB is ready to bounce hard with the whole market in general. SHORTS COVER NOW before it's too late! You just might wake up 30% down overnight :)