RE:RE:how long would the sell off lastLOL - seriously ? This stock has just very recently broke out of a 4.5 month consolidation pattern pending this bill passing and is now trading in the US . Demand for rec mj is expected to far out pace demand near term and Canopy is the largest producer and so ya , it should sell off over the next couple years.....great advice there
GordoTheGreek wrote: I think the sell off will be dramatic tomorrow, and will take 1-2 years to recover from. These stocks really are overvalued. If you don't mind holding on for a few years, then you'll do fine. I like to trade frequently, so I'm selling this afternoon and will watch from the sidelines in a bed made of dollar bills.