RE:RE:Significance of Oct 17Right on. In addition to the known news, the hopes and aspirations for new and exciting news in this previously uncharted type of investment is what is keeping cannabis stock prices buoyant, and the market for them very lively and exciting.
Auctioneer wrote: I think you are right. Known news generally does not move stock price. New news does.
Investorpedia wrote: There have been many posts about cannabis stock price take-off on Oct 17. Markets don't work that way. Stock prices are always based with the view of future expections. Oct 17 just happenns to be one of them.