GREY:CNTTQ - Post by User
Comment by
Nastysaskyon Dec 06, 2018 11:42am
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Post# 29076065
RE:RE:RE:RE:RE:Comments about APH
RE:RE:RE:RE:RE:Comments about APHUnless the Dow makes a comback today, it looks like it'll close below its Nov 23 lows. I gotta be honest this feels like the end of a bull market. Investor confidence has been shaken by all the macro issues, Trump, China, interest rates, slowing economy etc etc etc. The Dow barely moved when Trump & Xi said a truce to tariffs. Sentiment is low right now.
with that...
There are "deals" but everything gets much cheaper when a bear the market arrives. Pot stocks swung way past on the upside, they can on the downside too.
If you're willing to hold for years, and even at a potential loss for that period, I'd say buying TRST or WEED maybe even ACB could be a good bet. But if your time horizon is next year, I don't think I'd expect too much if current sentiment remains.
The US numbers out today showed a slowing economy, if it continues this way it'll be hard to find a place to hide, especially if you're invested in overvalued pot stocks.
If you must, I'd look to US pot stocks, there are more catalysts for gain there. Here we only have takeovers, edibles and growing into valuations...that's it.
My thoughs anyways.
NS