RE:PERSONAL PROJECTIONSNow you know in a half a day, what us longs have had to indure for 7 to 8 months. I have already moved most of my mj investments into US, MSO companies, like Trulleive, Cresco, Tilt, etc. But I still hold a little core with WEED and APHRIA.
Starsearcher80 wrote: These are just my own personal projections:
1) SHORT TERM (weeks): $25-$30 A rebalancing towards equilibrium after some overt panic selling. From current levels, that already represents a decent gain.
2) MID TERM (2-6 months) : $30-$40 This isn't the metoric rise of the good old days, and frankly, those days are over. It took the true bubble of imagination and greed to propel the stock up like before. Reality is always a more measured pace, and that's not a bad thing.
3) LONG TERM (5+ years): I still say this will be a $100 stock one day. But we're talking at least 5 years out, and that's longer than my own timeframe ever allows for. For the longest of longs, I do believe one day you will have this celebration.