RE:RE:RE:RE:FirstJoe455 wrote: whateveryousay wrote: I think that everyone is afraid of losing a lot of money on any and all cannabis stocks especially with the allegations of criminal activity at ACB.I would have thought though that we were at the bottom around $3.00 with HEXO.I a not going to sell at a loss the whole sector is being hit this should recover but it may take until December.Just when you start to trust mangement though we have more share dilution and some shady deals.It seems that if you were lucky enough to get a license you could be guaranteed that someone in another company would buy you out for tens or hundreds of millions regardless of sales or future prospects for profitability.Reminds me of the Mafia waste mangement schemes.
The days of irrational exuberance for the weed sector are over. Crypto is the new new hot promotion.
I was watching a couple of "Meet Kevin" videos on Crypto, one outlined what was backing up those currencies and it was not good, much the same as the bad paper that backed up the housing bubble years ago... personally I am not interested in something I cannot tie back to a fundamental.
JMHO