RE:RE:RE:Just bought me some more WeedNot every investor here is a "long from the beginning". I am sure many investors did not hop on the wagon until legalization was official. Huge gains because you invested early is not a good predictor of future growth. It merely gives you comfort in your position and less tolerance for those who may be impatient.
When the sector retreated in Nov and Dec I sold my positions in all APHA, WEED and ACB. When I repurchased, I put everything into the WEED basket. WEED is touted to be the sector leader. It should be the tail that wags the dog. It has the capacity and the financial clout to do so. Despite this, WEED has lost traction.
I was merely pointing out that the year-to-date numbers are higher for ACB than WEED. New investors are not interested in past performance.
What would you suggest should happen to WEED to move it from a HOLD to BUY or STRONG BUY