GREY:ATTBF - Post by User
Post by
Londondriveguyon Jan 12, 2018 10:50am
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Post# 27341794
There are a few things at play here..
There are a few things at play here..First off, we were handed a gift up until about the second of January. To say the MJ sector was over valued was a no brainer. But I like many continue to hold long. I have seen erosion in my gains over the last few weeks but this WILL rebound.
Second, the shorters are taking advantage of a few articles written about over inflation worries in MJ and are attacking. Those who are fearful are selling, they are making money and will rebiynat lower levels! Trust me...
and third, more for the ATT side of things, everyone wants to make sure they get cheap shares like those allowed in the PP at .44. So buy up everyone because these prices will not stay this low for long.
in closing, all MJ seems to be down these past few weeks. Today should be the bottom IMO. We should see a turnaround by end of day, setting is up nicely for Monday.
this is all just my own opinion! GL all.