RE:RE:RE:RE:RE:RE:pull back You are wise to put most of your money into solid investment grade stocks. C21 is not a stock you buy to fund your retirement. You can successfully trade this stock as the entire sector is clearly very volatile.
The key is to look longer term. I spelled out what C21 is going to do so that part we can bank on because management at C21 has always delivered. Now overlay this with who is going to survive in the sector. Most companies in this sector are cash incinerators and will eventually go under based on the way they run their operations. C21 definitely is not like these companies. I sleep well at night that C21 has huge positive cash flows and no short term debt now.
Finally at the macro level think about Joe Biden. Expect a legislative boost for the whole sector next year. SAFE act or MORE act. Take your choice. Something positive will be coming out from Congress.