RE:Downward slopeMost small cap stocks like CGC are exclusively driven by news and earnings.
Lulls in news = lulls in share price.
CGC ran up over $3 in anticipation of the oil license, court ruling, and earnings. Now that those events have passed, there are no known news releases anticipated. In the mean time while we wait for word on the Task Force and UN conference the SP will drift. It doesn't mean the potential of CGC has changed. It's just the cycle of small cap stocks. They don't benefit from the stability of large institutional investment dollars. You just need to look at these lulls are opportunities to buy more if you can. The next round of news the share price well climb over $3 (any beyond).
Prisme101 wrote: Is there anyone out there smarter than me that has an idea why CGC has slowly moved from 2.90 to 2.65 in the past 30 days? Would anyone of these smart people want to share? Thanks.