GREY:HMPPF - Post by User
Comment by
GreenReturns1on Nov 16, 2017 11:39am
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Post# 26976826
RE:RE:Short Attack
RE:RE:Short Attack Agreed. I'm seeing the same thing.
In the past I've tried to play their game and anticipate the short-term direction of any given MJ play but there is no rhyme or reason. I've enjoyed much larger returns just waiting it out.
Lots of new money floods into this sector when it makes the news, emotional purchases just end up as emotional sell orders and the shorters know that.
Everyone wants fast money. This is a ten bagger in 2 years at this level. You won't find an ETF, Mututal Fund, or RRSP that will get you thank kind of return. Anyone new to this should only invest an amount of money they can live without - and forget about it for awhile.
Hemp Co. is an actual decent play with barely a fraction of dilution compared to the other plays out there. Hang on to it.