GREY:MMNFQ - Post by User
Comment by
Ryezensum911on Jun 03, 2019 1:55pm
93 Views
Post# 29794604
RE:When will this stop 😩😩😩
RE:When will this stop 😩😩😩Personally, I wouldn’t average down here. I think you will just be catching a falling knife. The summer sell off is right around the corner and the Shorts know it. They will easily take this to the low $2’s, possibly lower, by early to mid July. This is a long term play and in the mean time it’s easy prey for the shorts. With a lower dollar value and low volume, this is child’s play for the Big players that are shorting this. There is very little risk of any sustained upward movement or pressure. The numbers for MedMen just aren’t there yet, and they will have to invest a lot more in the short term for the long term benefit, which makes them an easy short term target, not too mention the affect from the uneducated child running the US. at the moment. You’ll need patience with this one. I’m looking to average down during early August myself. GLTA.