RE:Looks like the "HUGE Effect" has now hit Atlas and VulcanNLMoose wrote: With Vulcan Minerals' shares dropping a whopping 41.67% of its peak value in just two weeks, and Atlas Salt lost almost a 1/3 of its value in a short period of time, looks like the "HUGE Effect" has now hit salt stocks.
"HUGE Effect" refers to FSD Pharma, a former medicinal marijuana turned biotech company whom seen their stock experience a meteoric rise in 2018 and dropped considerably two years later.
Let's hope that the Atlas and Vulcan meltdown will not go the way of FSD Pharma.
I dont know how you can compare FSD to a salt company but ok its possbile I guess.
I guess you didnt get the memo that the SP was going to $76? HAHA