MONDAY TRADING CRITICAL FOR SUPPORT TO HOLDWell, the way I see it....regardless of he said - she said, Monday will be a critical juncture for HEXO. Either it stabilizes a bit here and shows support for a new base to form, or the floor falls out under neath it and all key support levels are broken. The one year s/p is still almost a double off it`s low so don`t be fooled, there is still a lot of money to come off the table here. Deep pocketed - long term investors really don`t chase the day trade, trying to catch the tops and bottoms, they are in for the long haul. If the bleeding continues ( and I think it will ), even the most ardent investors will book gains and vacate their positions - knowing that re-entry later this year may be a more prudent approach. IMHO a big retest of the base values of these companies is coming, pretty much all are over valued based on future valuations, none can actually turn a profit, black market is not going quietly into the night, edibles and beverage infused products are priced in and currently over hyped. I don`t claim to know what tomorrow brings, but except for a few dead cat bounces the trend is definetively lower for the sector in the short term. True believers in this story will be able to buy back at a discount within 3 months - still lots of money to be booked here. The HIP-A`s may be dead money for a while which may present a good accumulation phase depending on just how optimistic your outlook is on HEXO surpassing $15 in 3 years. if HEXO continues to erode in valuation the A`s will be much cheaper and the originals will be toast - if not already. If HEXO`s next quarterly financials again show a loss - look out below, my bet is they do. Risky business