How "high" will this go ??
- Once they, hopefully, get their marijuana license from Health Canada.
- I see 2 things happenng.
1). Stock pops big time, and longs pile in to hold for long term (long term means > 5 years)... Hmmmmm.... OR
2). Any remaining holders who were not able to get out in the high .90s or over a buck, last time, will rush for the exits.
The 2nd scenario, IMO, is more likely as once this news is out, comes out the painful realization that now we really have to go through the actual process of building a company which will need "money", not "lofty dreams". As they say, "Money talks, Sh#t walks".
The fact that only a couple of posters like me that are posting an alternative view are getting "thrashed" by all these "idealists" on this board, proves that this is still a long way from bottoming and the "cold hard" reality to sink in.