Data Deposit Box Inc DDBXF

RE:RE:Taking profit and one runner

[ScarletSpider]

yup--there are two industries that are overbloated and any mention in getting into any of them sends speculators to them and think they will make kazillions if they keep holding without taking profits--crypto and mj--all way over bloated. Remember not all companies are created equally. I had a look at ltx and they are looking to get into mj--well they have to get the licesing, they have to build it up and out and that all takes time and resources so you will have dilution and promises to make tons of monies. What will inevitably happen with the mj is that companies will make enough possibly to keep afloat maybe and it will become what you see of the alcohol business. How many actually are listed out of the countless that went into the business. So while privately people will make enough there won't be enough for retailers to make their earnings that is with those weaker companies that are just cashing in right now for as long as they can.

I would look for solid ones but if you want to gamble on the start ups again take your profit while it is there because all of these companies the bulk are a dime a dozen. Focus more so on the those who understand the tech and can actually do something in the functional foods as well as medicinal anything for recreational will likely get nailed when all the frenzy dies and will most likely go belly up with those who are there either continuing privately or out of the business. ltx is a mining mapping tech company wants to throw down in mj because it is just the fad of the time. 

So i agree rjlessard 100% the same thing is happening with crypto and block chain--with all the companies continuing to sprout up take your profits while they are there. 

just my two bits worth.

glta