Post by
busy4life on Dec 05, 2017 10:48am
Kush.....what are ur thoughts....
....on the December lull that happens every year. I for one liquidate most of my holding by Dec 10 for the lull in the holiday season. What are ur thoughts on that.....
Comment by
Bellsey on Dec 05, 2017 11:24am
The issue here is that this is a unique scenario where it's an emerging sector in its first (and only) December PRIOR to the year of legalization (don't count last year). It's unpredictable. Personally I have about 25% of my portfolio on sideline waiting to reinvest if drop occurs.
Comment by
bmowis77 on Dec 05, 2017 11:58am
This is good insight, Bellsey. There could be institutional investors prepared to leverage the lull in order to buy in a bit more cheaply. If that's the case, there could be worse decisions made than that which decides to stay in the market this December.
Comment by
rcash1 on Dec 05, 2017 12:29pm
With 6 months to legalization I wouldn't count on any significant drop anyway . I as well set a bit of cash aside just in case . The only thing that drives tax loss selling and therefore the drop at Xmas is loosing stocks . Don't see to many looses in MJ sector this year ...If there is a dip ,bulls will buy it up quick , or I will be anyway ...
Comment by
KushMan on Dec 05, 2017 1:43pm
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Comment by
KushMan on Dec 05, 2017 1:41pm
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