RE:RE:A MUST watch (Kevin O'Leary)Star searcher, we are so polarized now. Sure, institutional investors will start to pour in, but so much has to happen.
First, they are making so much money from shorting these stocks, they will keep the gravy train running for as long as stupid people keep buying this 20%+ over 12 month price targets.
Second, institutional investors have gone on record and said they won't enter until the clear winners and losers in the market are known. Hence, they will come in post-sector consolidation (mergers, buy outs).
Third, they won't enter until all regulatory speculation is gone. That might not mean post-task force report, but what if its post-royal assent (legislation becoming law) or at least some time close to it. Big business HATE politicians and the political process. As they wait, retail will buy it up and the institutions will short it, like they are doing now. The logic is so clear. I can't believe I have to argue this.
Fourth, investment firms purchase reports on companies, like M parterners. And if M partners and everyone say that CGC's share price will be $9.00 in 2020 after incorporating revenue from the rec market then they sure as hell won't be buying at $10. And if we will have $5.80 by next September, they sure as hell won't buy until they can make a reasonable profit doing so.
Contrary to these substantiated arguments above, people are mindlessly saying "institutional investors will come". That is quite the strategy there. This is a once in a life time opportunity for sure, but you need to play it right. That could be the difference of making 1000% or just 100%.