RE:None of you have any ideaYep, no one knows what's going to happen. So what. We never did. Yep, we took a chance. No one should buy these types of investments if 1) you can't afford to lose the money and 2) you can't afford to wait it out. Only invest what you can afford to lose, because we all know it's a risk in this sector. And we all know it's volatile. I am barely in the red because I bought in around 6.50. Do I wish I'd sold quite a while back, such as in January? Of course! Am I worried now? Nope! Can I wait it out. Yep! 'Nuff said. You shouldn't worry so much about other people's money or what they invested in or why. Worry about your own money. Everyone know the market can drop a lot in a matter of hours if someone pisses into the wind in the wrong direction! Nuff said.
Mantis Togoggan is now on my ignore list.
MantisToboggan wrote: what’s going to happen. Just like you had no idea it would hit 20 over the summer or plummet after a report two days ago. Likewise you have no clue what will happen Friday let alone six months from now. It’s gambling. Nobody here can tell the future. It’s all luck and unpredictability. There isn’t a company in this entire sector with a normal valuation or positive cash flow. What IS certain, is that this report has pissed on investor confidence across the board. It will take SEVERAL earnings reports that exceed expectations to get this train moving again, for any MJ stock. Hopefully you don’t mind waiting 12+ months because that’s the minimum it will take for pot to be back where it was, if ever.