RE:We are witnessing an orchestrated sector shakedown todayitsnevertoolate wrote: Shows you the power and influence big money has when they all get together and decide they want to shakedown the sector for their own benefits, so they can all scoop up more and more cheap shares as we head towards legalization..they are all in on it and it shows..it's not coincidence that all of a sudden all mj stocks went lower overnight and not one of them is showing green..this is happening as a direct result of manipulation..otherwise some stocks would still be green and not pulled down with the whole sector..It's frustrating as h'll when they do it, but we are all pawns in the whole scheme of things and it's big money that dictates the direction of the markets..when their bellies get full of enough cheap shares, they will let the share price run back up and laugh all the way to the bank on the spread between what they were able to shake nervous investors out of...and then mysteriously, out of nowhere, the sector will turn green...coincidence?..not on your life..manipulation!!!
Pretty annoying day to say the least..but as the day has unfolded thus far I am more and more convinced I am right about an orchestrated attack on the sector by big money that we are seeing today..don't think for one minute that instituions don't talk with each other and plot and scheme ways to make money..to think otherwise would be foolish..after the sector having run up a bit the last little while I beleive todays attack was hatched covertly amongst all the big players to shake weak hands out yet once again before legalization. All mj stocks are being hit and none are being spared so what does that tell you?. It tells me that today was a day that was planned ahead of time to do an all out assault on weed stocks and no one can convince me otherwise. Had anyone known what these chameleons were up to yesterday, I'm sure a lot would have sold and bought back in today at lower prices..but when there is an orchestrated attack like today they hope to catch everyone off guard and blow through all the stop losses to create panic selling..then they scoop all the cheap shares for themselves and wipeout a lot of honest investors gains at the expense of their own greed. Big money is ruthless and we are sadly seeing that today..for most longs we have seen these shakeouts before..when they get their fill, and when they collectively decide it's time to move the shareprice up again..they will have made a gazillion dollars off of their manipulations..frustrating..big time!