RE:IT WONT BE TO LONGI Dont think that posting the sentiment of the market is considering bashing. Simply because someone is posting that a stock should be in retracement is not bashing but in fact more about understanding the ups and downs, knowing when to get in and out. In actuality I have seen an abudance of hold long and strong when it was obvious on day two of legalization that all Rec. Cannacbis stocks would be hit hard and the prudent option was to sell and buy back in at the reduced prices with more shares than orginal. Right now Cannabis stocks are going to need a strong financial report with postive income from the first quarter of legal recreational sales for any further signifcant postive movement. Bar this from happening and we will see a continued down trend as, if they cant make money now, then there is something very wrong with the business model. I don't see bashing here (minus the few trolls that are blocked), I see intelligent people understanding the state and that this was overpriced due to lead up hype. I however am confident for an uptrend as income should be postive. But stop trying to fool people by saying you know HOW high this stock can be, what it is actually worth. We are all aware that once production is at full capacity for all companies that our shortage will be non-existant and that we will be in a massive surplus. Unless the world market opens up this means that companies will go under and that all stock prices will reduce for those that stay floating. Also with the ability to grow your own (4 plants a residence legally, but we all know someone is going to do a lot more and the underground market) will take a toll on the goverment sales. For those who are truly recreational and enjoy growing their own produce, they will never need to touch the OCS or whatever other systems are in existance. It is cheap to produce your own once you have the knowledge or a friend who can teach or grow for you.
There is no bashing to chearleader switching happening. Simply a change in market direction. I'm not going to cheer for a stock in a down trend but I certainally will buy it in an uptrend. Its about money, not about this pretend popularity contest you have fabricated.