Traxion Sab De Cv Ord Shs GRPOF

Good read from Reddit

[indaknownewfie]

 

June 7th legalization is NOT a sell-off or a "sell the news" event. Reasons why:

u/Jefferzon420

The only possible sell-the-news event scenario is it gets voted "no" and we are back to the very start. A delay may cause us to go sideways until the actual passing vote, but will not cause a major sell off.

1. This is the biggest news that this sector has EVER seen.
2. If legalization hype was priced in, we would be above all time highs and we are not in most cases.
3. Big tobacco is interested.
4. Big alcohol is interested.
5. Big pharmaceutical is interested.
6. Most investors are long; they are "invested" and don't plan to sell everything on one good event like a noob investor might.
7. The charts and numbers do not indicate that this bull run is even close to being over.
8. News spreads, and much of the world (especially large US investors) are still afraid to put money into this risky sector, or don't even know about it yet.
9. This is a growing sector; the stocks never plummet for long.
10. The world will always look back on this event and say, this was the first huge step toward world-wide marijuana legalization.
11. Company financials STILL do not include recreational sales, and thus, prices are based highly off speculation. Big hype (like legalization) causes prices go up!
12. The Canadian marijuana leaders are worldwide, not just in Canada.
13. Bruce (CEO of WEED) expects large gains this week and next in a recent interview
14. Most investors don't even pay attention to reddit, stockhouse, investorshub, etc.
15. Banks will LEGALLY be able to bank for grow companies

Please continue this post in the comments by adding more reason's that you believe it will NOT be a "sell the news" event

 

June 7th legalization is NOT a sell-off or a "sell the news" event. Reasons why:

u/Jefferzon420

The only possible sell-the-news event scenario is it gets voted "no" and we are back to the very start. A delay may cause us to go sideways until the actual passing vote, but will not cause a major sell off.

1. This is the biggest news that this sector has EVER seen.
2. If legalization hype was priced in, we would be above all time highs and we are not in most cases.
3. Big tobacco is interested.
4. Big alcohol is interested.
5. Big pharmaceutical is interested.
6. Most investors are long; they are "invested" and don't plan to sell everything on one good event like a noob investor might.
7. The charts and numbers do not indicate that this bull run is even close to being over.
8. News spreads, and much of the world (especially large US investors) are still afraid to put money into this risky sector, or don't even know about it yet.
9. This is a growing sector; the stocks never plummet for long.
10. The world will always look back on this event and say, this was the first huge step toward world-wide marijuana legalization.
11. Company financials STILL do not include recreational sales, and thus, prices are based highly off speculation. Big hype (like legalization) causes prices go up!
12. The Canadian marijuana leaders are worldwide, not just in Canada.
13. Bruce (CEO of WEED) expects large gains this week and next in a recent interview
14. Most investors don't even pay attention to reddit, stockhouse, investorshub, etc.
15. Banks will LEGALLY be able to bank for grow companies