TSX:HEXO.W.A - Post by User
Comment by
Keeleron Dec 23, 2022 3:01pm
65 Views
Post# 35190205
RE:RE:SAFE Bank Act
RE:RE:SAFE Bank ActIf SAFE Passes - all US cannabis LPs will explode - a .02 Hexo will rise .03 cents for two days and drop off back to .02 cents. SAFE relates to US companies.
Why would ANYONE exit cannabis if the SAFE Act passed on Monday?
What a goofy argument.
The point is to buy US MSOs BEFORE SAFE is passed. Holding Hexo gets you less than nothing long term.
Serioulsy. Are you new to investing?
quinlash - (12/23/2022 2:52:43 PM)
RE:SAFE Bank Act
If SAFE passes on Monday how many investors are going to be willing to exit at a loss and how many are going to come in with the expectation that the Sector is finally going to rally to somewhere in the range we seen back in 2018/2019 when Canada Legalized ?
Such news will leave those who went short with no other option to buy back their positions at higher prices as shares for sale will be very limited.
quinlash - (12/23/2022 2:52:43 PM)
RE:SAFE Bank Act
If SAFE passes on Monday how many investors are going to be willing to exit at a loss and how many are going to come in with the expectation that the Sector is finally going to rally to somewhere in the range we seen back in 2018/2019 when Canada Legalized ?
Such news will leave those who went short with no other option to buy back their positions at higher prices as shares for sale will be very limited.