GREY:BZAMF - Post by User
Post by
Pra567on Dec 21, 2018 12:49pm
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Post# 29146950
Farm bill signed......
Farm bill signed...... Farm bill signed
Farm bill signed..... Now MJ stocks will crash , because now
Now it will be traded like a commodity..... it’s good for the economy, farmers but not good for the investors , since the price of this commodity will keep falling month after month and the profit margin will keep going down. There will be flood of small companies and they will keep competing with each other to survive. Canada played a very smart game to boost the economy and now USA will follow the same. But truly this is very very good for the economy and for the country. For investors all the MJ stocks are pump and dump stocks. The insiders just wants to pump the stock price on exaggerating any news and then dump the shares at the cost of retail investors. Just stay away from these stocks. In 2-3 years these stocks will be trading under $2 - $3 and by that time all the insiders would have been multi millioners at the cost of retail investors. Look what TILRAY doing. There lock-in period for insiders is expiring on Jan 15, so they are coming up with all the good news ( exaggerated) now to boost the stock price . They will keep pumping the stock price and start dumping as soon as there lock-in period is over. This will be all done at the cost of retail investors. Just don’t fall in the trap. But after all it’s your money and your decision to make money or to lose money. Just think before you invest your hard earned money in any MJ stock.