RE:RE:Went LONG...480Mayham wrote: TechnicallyHigh wrote: Lets see if this rally has legs...
Trends are starting to pick up again... I dont think the Farm Bill is really going to be the anchor but hopefully it woke some hype monkeys up and they are willing to push this before dropping it again.
Big washout in the S&P so as long as we dont crash, Cannabis stocks should lead the recovery.
Welcome aboard!!! Reversal time!
Mayham
No ill will to anyone - Im with the LONGs now but I still wont tolerate incessant nonsense pumping or ridiculous jumps in logic.
I did manage to read the recent launch on the sector from Laurentian Bank and they value only the Canadian assets using 2023 EBITDA. Lots of overspending to come back with a 20% discount rate the valuation methodology makes sense and doesnt include all the blue sky nonsense to derive a $55 target.
Long HMMJ calls too but worried TLRY is going to F that up.. we shall see.