A very astute observation..Totally agree...Came across this post on the OGI Yahoo bulletin board and thought I would share..Every word is my own sentiment exactly!.....
2 days ago
There is no doubt that there are a group of institutions who are in total control of all Canadian MJ companies. Whatever they want to do on that day, they do. News does not matter. Results barely matter. It's what they want to do. This is a big problem for new sectors. Takes a long time to get real. All you can hope for is being on the correct side, flip a coin. MJ investing is not truly investing at this point. It's straight gambling and that does not apply to all sectors. This is the most formulaic manipulation that I've ever seen. All charts are nearly identical. I'm long OGI.
2 days ago
There is no doubt that there are a group of institutions who are in total control of all Canadian MJ companies. Whatever they want to do on that day, they do. News does not matter. Results barely matter. It's what they want to do. This is a big problem for new sectors. Takes a long time to get real. All you can hope for is being on the correct side, flip a coin. MJ investing is not truly investing at this point. It's straight gambling and that does not apply to all sectors. This is the most formulaic manipulation that I've ever seen. All charts are nearly identical. I'm long OGI.