RE:Thoughts on what we might see tomorrow?1 or 2 things:
1) The panic sets in and amateur investors start to flee without doing their DD
2) People realize Jeff Sessions remarks have nothing to do with CBW or most of these CAD marijuana stocks and they begin to rally again
For the most part, anyone that's been invested in MJ has seen multiple corrections. I've only been in for 3 weeks and seen this happen at least 3 times. Typically it rallies and holds, today would be the first where it rose, tanked, rose, tanked and closed off somewhere in the middle.
I'm hoping this was just profit taking... yesterday was HUGE. Logically, you can't really expect to see massive gains day in and day out, as some point you'll see a correction. You also have the big boys manipulating the hell out of these stocks so the panic sellers give up their shares.
A lot of variables but realistically, and I keep telling myself this, who CARES about the short term? See the big picture ...
Anyone who got into these stocks in the 50 cent to $5 mark saw several corrections a long the way and look at where they are now. We will see the EXACT same thing happen over and over. The only difference is, in the long term, CBW will correct it's way up to over $10.
BIG PICTURE.