Chalice Brands Ltd CHALF

Momentum talk

[RiskyBiz928]

Lots of stocks had momentum coming into February. Peaked mid Feb. and since then the whole market has been on a slide - everything. Has nothing to do with GLH and our position, it's the market. Having said that, what goes down will eventually come back up. Lots to come with this - more states falling, legalization from the feds, increasing revenues... we just have to wait it out!

[Puffdragon6969]

I didn't see that run up as momentum. I saw it as a correction to .06    

[GustheGreek]

Not the WHOLE market buddy, hence the record highs NYSE, NASDAQ and TSX. It's this sector thats gone down the toilet. That's why you have to be diversified, or you're screwed...

[RiskyBiz928]

Okay, most of the market is down (or at least the venture). I hold in five different sectors. Different sectors, identical charts. All peaked mid Feb and have continued to slide at a similar rate. Sometimes the market just has its way with us.... diversification or not. Regardless, this is one set for a rebound when the US gov't gets off their @ss and legalizes. The wheels are in motion, just

[GustheGreek]

Yes I agree with you about the rebound for GLH. Before I buy back in, I'd like to see the reverse split get done. With a $1.25-$1.50 share price and a float of around 50 million shares, they are bound to get a lot more attention. And with the feds in the USA hopefully fully legalizing cannabis, EVERY pot stock, including the Canadian ones will POP!!!