TSXV:EVE.H - Post by User
Comment by
Jarredon Dec 19, 2019 6:15pm
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Post# 30474598
RE:Whats The Big Fuss ??
RE:Whats The Big Fuss ??I think whenever you buy a stock you have to manage your time expectations. I got in this week thinking that it would be at least January before things turned around. If it happens sooner then great but tax loss selling is almost done and I think once you get into the new year the people shorting this stock will look for easier targets as this won't be an easy target anymore.
For a while people were making money buying any stock related to cannabis and they all became overvalued, then the shorts had a field day with the over valuations. As we get into 2020 I think the cannabis sector will have some normalcy as the companies that survive and have good business plans will attract capital.