Tomorrow ... September 1st !I believe that once we see this sharp pullback end, possibly back to sub $50, maybe even below $48.50 temporarily (Constellation price), WEED will make a serious run back towards the $75 level by the first week of October. I'm looking at a 50% run before the dust settles !!!
If $100 comes by year end it will have to be based on progress, deals and financials !
Having said that, I believe this next climb will be a very significant one once all the riff raff and repositioning by institutions and money managers is over with. We, the little guys playing the retail game, have no impact on daily swings. We simply play them as traders or live with them as longs ! Let them play and dictate. This next run will be historical before year end. And, if financials start showing mind blowing positive numbers in sales and bottom line then $150 will soon be reached. So, don't worry about today. September 1st is tomorrow and that date in itself will trigger serious thought about investing in the world's #1 pot stock !!!
IT WILL SOON BE TIME, EVEN FOR TRADERS (and yes I do trade some shares despite my modest core position), TO SIMPLY BUY AND HOLD UNTIL AT LEAST THE FIRST WEEK OF OCTOBER !!!
JMHO