RE:ITS AT 5.95 Pre-market !!!!!!!
Pre market is exactly that.... PRE.... I dont know how many times ive seen a stock up huge in pre-market and 5 minutes before the market actually opens it starts to fall.
I am long on ACB. I wont be selling until 10+ minimum.
That being said, the market seems very irrational. I know a ton of people saying this market cap and valuation is unrealistic, and it is. But then someone compared it to Shopify who wont be green until next year and they are 120 a share (yes yes, only 100M outstanding shares I get it).
But this is straight up im going to invest becuase ive been seeing it in the news for so long. I have a feeling some of the investing is very psycological. Pepople that are just your average Joe's see the SP of WEED and APH and see the run ACB is on so they figure its on its way to those values, might as well get in low. They call their broker, or just do it theselves. They dont know anything about the company of outstanding shares.
That is how stocks pop like this. If they can keep the news flowing and the quarterly's in the green (including WEED seeing as theirs are tomorrow and they fueled this whole run with the contallation deal) then we are in for one hell of a ride boys and girls!