RE:RE:RE:SP MovingI already explained why the MJ sector will move this week and especially today. Instead of all these other silly explanations being posted. Tilray price won't affect APHA price till closer to the merger, which is another 6 months away so ignore it. Hope some of you made good money this week trading, because by next week most of the gains will be given back. I been in this rodeo many times. Next week, Earnings will be okay for APHA but will not beat expectation. If you have done your DD you should know, but judging by a lot of these posters, obviously no DD is done here just wild rosy predictions.
Posted on monday...
BudFoxx2020 wrote: Some of you really need to do some basic due dilligence. Today sp move has nothing to do with any deal. The whole sector is up because of the electoral vote on Wednesday, just like when Biden was winning the election. ACB and Tilray being the most favorite pump and dump stocks, it always run up the highest and crash the hardest once the news fizzle. Thats it, nothing else to it. This is a very good opportunity to make quick money by trading it the next few days.
BudFoxx2020 wrote: Its simple. Electoral voting on wednesday. Expect to see all MJ stocks moving up. If everything works in favor of the DEM, which it will, it will fly even higher. Nothing to do with influx of money otherwise the DOW will not be negative.
Here is a great quote to stick by....
“All through time, people have basically acted and reacted the same way in the market as a result of greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis. Over and over, with slight variations. Because markets are driven by humans and human nature never changes.” Jesse Lauriston Livermore