RE:Stop lossesThere's no reason that I can see to justify a buck shaved off the sp in 2 days. Where is the sudden bad news event that the market can point to? There is none.
Every day ACB trades more shares than WEED and APH combined. It's plain to see this stock is under heavy attack from the market manipulators. Funny that the sp is falling as Oct 17th gets closer. Shouldn't it be the other way around when you are considered 1 of the big 3?
Too much talk about Diageo. LOL, the rumor certainly hasn't helped the sp of ACB. We don't even know if Diageo will pull the trigger on a deal before Oct 17, if indeed they decide to jump in at all? I have a feeling most of the multi nationals will wait a couple of quarters after recreational pot becomes legal to see which companies are taking the lead. You'll probably see more deals later than sooner.
Let's face it, the market is basing the sp's of the cannabis plays on their future potential. To evaluate ACB as if it were a minor player in the sector just doesn't make sense when you consider the earning power they will have once their plans are complete.