RE:RE:RE:RE:RE:RE:RE:RE:WowWestVapes wrote: gutfelt wrote: Iam very surprized that CBW fell down from a 2.90 high over th last week ;; when u look at where there going cultivation wise they will be the largest producer in Canada maybe all of NA
ACB did the opposite and went up how acb is at 14$ and us at 2.50 baffles me
It's not suprising at all, market was way too hot volume wise indicating a lot of day trading. There was no support at $2.90. What is suprising is it came back to $2.90 a second time. This stock looks very promising to me, the royalty structure (streaming) is awesome. CBW racks in the cash without the running costs of the LP. In this one for long, GLTA.
I think there is a strong base building in the 2.50 range but i think we will probably see a lot of volatility threw next week with all the shorts trying to cover and the traders dumping at the end of the day. It would be nice to see 2.70 solid by the end of the week and i think its possible considering its only a 10 gain. It might go sides for a while though until we get more news but i defintiely think this is a good hold.