RE:These 2 days run benefits from the MJ sector’s pullbackTotally disagree with you on this one Millenial. This response feels more emotional than your normal short thesis', not a lot of substance just bashing the longs. Your opinions are completely speculation without any merit. You say there is "lack of new money" to bring this back to life, but as you saw last week and now today there is new money coming in, likely value investors, some funds buying more, and some buying in anticapation for the buy backs. I didn't expect the confidence so soon but I'm more than happy its started early. But even better will be the start of 2018 which is fast approaching. Investors that have sold for a capital loss will be rebuying as well as new value investors looking for new positions with their capital loss funds. To ignore this is extremely naive of you. Not the mention the positive momentum that is just getting going today with the buybacks. All of these are big catalysts to promote the influx of money into CRH.
I agree with you that CRH is not the growth story it once was, that has changed. But the other thing that changed was this company went from a really expensive growth stock to a heavily undervalued stock with very good growth. But the great cash flow remains, share count is declining, acquisitions will continue but with cheaper purchase prices and the SP is ridiculously cheap. We will not be below $2 again, upwards and onwards from here. We will see who is right and who is wrong!