RE:RE:Graph of SNC and CURA The weed(cannabis) industry took a big sell off after shooting through the roof about 1.5 years ago on nothing more than fantasy and wishful thinking. Most of those companies had very little revenues and most had no earnings. They had market caps in the billions. They issued shares like candy beyond belief to fund and overpay for acquisitions. Most have either gone bankrupt or are minuscules of their peak valuations. Another example of the insanity that was out there.
That is not to say the Cannibis industry is dead. It may very well come back if the USA legalizes it but nit at those ridiculous valuations.
Stick with value stocks like SNC trading at significant discounts to intrinsic value. Stocks that have been around for decades and have tailwinds to their backs. You will be rewarded in due time.
All you need is the patience to wait it out.
Ron