RE:BE CAUTIOUS!!Geez Louise, out of 27 posts since March 14, I am hard put to find any with a positive slant. Mama told me if you can't say anything nice about someone (thing), say nothing. Seems you are doing exactly the opposite. Did you get burned with BitCoin (or like stock) and are yourself bitter, as you have accused others in other posts of yours? If so, more's the pity but your analysis and analogy are not valid in this sector. Chill out girl! Maybe you could try some of Supreme's amazing Wappa to get you there.
glta who believe in Supreme
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Louise604 wrote: Anyone trying to get in this market, have a look at Bitcoin chart and altcoins. None of these companies are pofitable, valuations are insane!
Bitcoin being (WEED) and altcoins being all these other sub $5 companies. Correlations are at 0.80 now meaning, if WEED goes up almost everything else goes up and vice versa.
The real money has already been made across the board long time ago.
Now, day traders are chasing momentum on margin accounts. Look at the volume and volatility, this is day traders dream. Notice how you get a sizeable drop right before the close. This is day traders closing their positions for the day, most on margin, to be net neutral overnight.
People, specially retail, don't realize they are in a bubble, specially when they come on these boards and read extremely bias bullish BS by pumpers with multiple accounts.
Just be careful, we all know, there is no way all these companies are going to survive in the long run. No way. And yet on every board, ppl. are defending what they're invested in.
BE CAUTIOUS!!
Read more at https://www.stockhouse.com/companies/bullboard/v.wmd/weedmd-inc?postid=28538417#HgrvUVqIXL2uLtmr.99