GREY:ALGWF - Post by User
Comment by
Steamoon Jan 30, 2018 11:29am
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Post# 27462875
RE:Welcome the newcomers
RE:Welcome the newcomersWell, I'm sure the drop in MJ stocks is at least in part due to recent well-publicized reports in the media about the price of cannabis dropping in Canada ahead of legalization. There's a general sense that profit expectations may be inflated now. Plus, the overall market is red everywhere today. Seems like a good time to take profits but...when do you get back in? That's always the hardest part.
Fishpool12 wrote: I have been involved with this stock for quite some time, 2016. I do not recognize alot of the new people that are advertising how well other stocks are doing on this page. I have noticed that over the entire sector that a coordinated drop of most MJ stocks is taking place for no reason that I can find. Does it have to do with NAFTA, the exchange rate, the price of oil or is it something that was put together a while back, say around the first of the new year. Hold fast longs, you know what this is, its shaking the tree across the entire sector. If the market does not rebound within 3 to 4 weeks after this purge than I will stop posting and go to my corner, but I just have a feeling that this manipulated by a few individuals to scare off anyone that has some profit and don't want to lose it. STAY FAST LONGS!