RE:RE:EVERYONE, LONG OR SHORT, HEADS UP!!!!Pro, I am not a cross-stock pumper by any means. I have come to sympathize with the longs here for some unknown bizaare reason. I don't believe anything posted here, long or short, moves the needle on the price of the stock. The average reads are under 100 and really no one has credibility here (some less credibility than others). Especially compared to the traders on twitter who have 10,000 plus followers.
I let people here now that there is a new EFT for pot stocks just out monday. Since I posted about it, it has gone up quite a bit and I know there are people here who are desparately underwater on Concordia. And I think people were waiting for this EFT because they may be unconfortable investing in one pot company at this stage in the legislation. (I was unconfortable even trading any one particular company in the space). The EFT also includes some "biotech" medical companies as well so it may be more palitable. Since Monday, the stock has done very well, and it may continue to do well with the CBC announcement that the legalization bill is being introduced in canada's parliament on Thursday. That doesn't mean that it will be legalized then, it will take over a year so I do not mean to mislead anyone. I don't believe there is a long term future for these companies (as I think the 2 or 3 players left standing will eventually get bought by big tabacoo companies that will control the industry), but the bull board has been very quiet for "news" on Concordia and there likely won't be any new news in the future, so it beats putting up silly chicken pictures like some people do. CXR stock doesn't have the volume or the interest, imo, to have a dead cat bounce, even the shorts don't seem to care about it anymore