Hexo will likely close at the low of the dayand low of the week, below .55 cents. Why? There is NO reason why the downtrend should reverse. What you are witnesssing is a stock that is essentially becoming worthless. For those who are informed about pot stocks have seen this before:
TGOD--now delisted and trading OTC for .11 cents
LABS--- once a hyped pot stock now trading at .13 cents
CANNTRUST--- delisted, license revoked, license reinstated now trading at .01 cents OTC.
ACB---trading under carried out a 12/1 reverse split, now trading at $3.92, but the real sp/value is .32 cents.
All of these pot stocks have gone "BUST."
Regrettably, the vast majority of retail investors have lost upwards of 90% or higher..
And yet, the CEO and Board of Directors continue to pump the stock and make promises. Ask your self: What do these bozos have to lose? They are earning millions to run losing companies.