TSXV:KHRN.H - Post by User
Comment by
Benedictuson Jul 11, 2019 11:40pm
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Post# 29911540
RE:All Pot Stocks Are Heading Lower
RE:All Pot Stocks Are Heading LowerEveryone must make their own decisions based on their specific timeline but from my perspective, excessive bearishness as we’re seeing now, provides exceptional opportunities for long term minded investors (and sharp swing traders). Most mj stocks are being painted with the same broad stroke fear mongering and the traders and shorts get to have a field day. Currently the khiron chart is obviously broken and so it’s difficult to say where the bleeding stops which is why a scaled buying approach is useful as it helps take some of the emotion out of the buying process. There’s no doubt there’s going to be a lot of bankruptcies and shareholder dilution in this sector as the wheat gets separated from the chaff so having solid management with a clear strategy, along with proving they’re able to execute that strategy is imperative. Thus far everything I’ve seen from this company gives me full confidence to keep scaling in as funds allow since my time horizon is 5+ years. All imo