RE:End of Day Summary for Major Playersquinlash wrote: Brutal day in the Cannabis Sector on news of the US Progressing Legalization bills in the House of Representative and re-newed talks with Biden on progressing legalization. IMHO this was a sector wide short-seller attack on all the big names.
Here is where we stand after the bodies have been counted:
- Tilray – Down 6.69 %
- Canopy - Down 6.51 %
- Aurora – Down 4.77%
- HEXO – Down 2.70 %
This is the strength and determination of the Retail Investors vs. the big money Market Makers IMHO. Not for the weak, not for those who fail to do their own Due Diligence, not for those who do not have a trading strategy or a strong willingness to hold and ride out the lows to make it to the other side.
This sector is headed for once in a life time returns, the kind of returns you will tell your grandkids about. Do your research, pick your stocks, trade with a strategy and refuse to sell at a loss no matter what it takes.
GL to all and God Bless
Q
- Long on Canadian Cannabis
id have to agree quin.. there was also a marketbeat article today that safe banking and decriminalization should only be months away... shorts and big money on sector wide attack... 3 to 6 months we should be on our way