TSXV:HITI - Post Discussion
Post by
Ronbromleygross on Oct 29, 2023 12:01pm
Great video by Jeremy L-
For those of you who think it's just the MJ sector getting hit hard these days think twice, Plenty of solid blue chip names all sitting at or near 52 week lows. These are companies that have been around anywhere up to 25, 50 to 100 years in some cases. We are in a crash already according to Jeremy L. Have markets always rebounded after a crash? Hell yes. Will markets be around tomorrow, next month, next year, etc etc etc? Hell yes,
Its times like these that smart money goes looking to buy bargains. They don't sit around and whine. When things turn around, that's how you make your money. You don't make much money by buying at peak prices.
"Be fearful when others are greedy"
"Be greedy when others are fearful"
For those who think the MJ sector is dead you may want to think twice. We have talks about reform continuing to happen and will only intensify in 2024 with US elections to heat up and promises of this and that by the politicians. MJ brings in tax revenue dollars that these broke governments need to pay for social programs not to mention all the heat they are taking from each state to legalize the process. For those that missed it, there was a class action lawsuit brought by many USA Cannabis companies last week to sue for failure to pass reform up to now and these companies are bleeding and losing money. Layoffs are also happening as a result of failure to pass reform. If individual states are legalizing it then it should be federally legal too. Too much pressure building up. Just a matter of time imo.
Do your own due diligence and invest accordingly.
Watch this video below. A good roughly 25 minute video that will help you understand how markets work and how to take advantage of opportunities.
https://stkt.co/4LTDZ9J9
Be the first to comment on this post