RE:RE:RE:Whylegaleafs wrote: It is very possible Tradin, as RTI sure dropped furiously fast this morning. But as a whole, it is obvious that this new sector is struggling for the time being.
Aph uplists to the TSX this morning and it is DOWN .10........makes not much sense to me.
But I won't try to analyze it too much. People do strange things all the time. These sellers are selling at rock bottom prices which I think they will soon regret. Buy high and sell low is not what most of us here aspire to do.
This will turn around. NOTHING has changed. Acb is every bit as amazing as ever. I think this landscape will look very different in a couple months......and those that panic sold will say "I shouldve held".
I for one have done that myself many times. But NOT this time!
Reality in this sector has set in. The LPs are trading on absurd multiples and legalization, if/when it happens, won't be immediate. Having said that, if you're going to hold one, this would be one of three IMO.