RE:Bought a bunch load PEOPLE: If you have cash..
Put in SOLID UNWAVERING STINK BIDS on your favourite picks. Just put the sink bid out there if you have cash. It is not inconceivable to see share prices in this sector to tank even more from the highs. What is inconceivable is that we will see continuous upward trajectory in any MJ position for a year at minium.
STINK BIDS will be filled before Oct.
STOP LOSSES will continue to be triggered, all the way down.
MERGERS AND AQUISTION dilution will make LP's even less appealing in the short term.
There WILL be better buying opportunites out there.
Execute the STINK BID strategy because no one can argue that cash IS NOT a good postion in this speculative bubble industry.
Good luck, JMHO