BASHERS OR PUMPERS DO NOT HAVE CONTROLthe pumpers are the sick ones
If you call common sense "bashing" then don't brush your teeth!
Real people, with real big money, have made their money, and now it's just a matter of fundamentals driving the MJ sector down.
If you are on these boards checking your finances on a day to day basis you are one of the bagholders.
I am not big money. I do not pump or bash. I speak the truth. I was a bagholder in the past, and now, too careful. I won't even click the buy confirmation button ON ANY LP at THESE LOWEST PRICES in 7 months.
There will be BETTER BUYING OPPORTUNITIES.
Do not throw anymore money at MJ until YOU SEE A PARABOLIC DROP and it is coming. I don't know when. Before Oct 17? After Oct 17? May 2019?
no one knows and THAT IS WHY YOU NEED TO BE IN CASH FOR THE PARABOLIC DOWN CYCLE that will bring this sector to acceptable valuations.
Having price to earnings rations of n/a or 75 - 1000 is ludicrous. And they will remain ludicrous until at least 2021 but that is not to say that the price will remain stagnant.
I'm not saying wait until 2021 - I'm saying wait for that big plummet that will come, it will come!
Look around, maybe tweek a few postitions, but GET CASH READY AND WAITING!
No one can argue that being in a cash postition is a bad postition. That's the problem. Everything is crashing because joe blow has no cash anymore. All the investment houses? Oh they GOT LOTS OF CASH.
And guess where they got it from?