RE:RE:RE:Down it goesYou know, for the super pro that you make yourself out to be, you continue to demonstrate a simplistic understanding of not just THCX but the MJ space in general. You seem to be convinced that nothing outside of the official THCX press release cycle could at all impact the value of THCX shares.
No news, no fundamental changes you say? Well, what else happend in the last 5 days? ACB was rumoured to be very close to merging with LEAF to the point that both companies had to halt their shares and admit they had engaged in talks. That forced people to look at LEAF and why ACB would be interested in merging with them and it made people realize that there were other cheaper (ie lower forward multiple) targets that provided accretive metrics and a more palatable acquisitoin rationale.. namely THCX (key access to Quebec, low op cost) and TRST (one of the best oils stories out there). So LEAF, THCX and TRST all took off... justifiably. And today you're seeing some profit taking as the market re-adjusts. Of the three names I just mentioned, at least one will be taken out if not all of them, and that understanding is a fundamental shift on how to value those names which has nothing to do with any press release THCX could put out right now.
Rothchildish wrote: What he meant, and what you didn't understand with your peanut brain is, the surge of the past few days was due to what? Nothing. Did they announce anything new, anything that would change the picture? No. His assumption is right.