OTCPK:DJACF - Post Discussion
Post by
wolfsiin on Feb 02, 2018 3:50pm
Globe and Mail.
....... Excerpt taken from
https://www.theglobeandmail.com/globe-investor/investment-ideas/marijuana-panic-selling-spurs-canadian-pot-stocks-meltdown/article37831070/
"People are panicking because they are losing their money," Chris Damas, editor of the BCMI Cannabis Report, said in an email. "Stocks are in bear market territory."
Friday morning's selling is probably the peak and stocks will likely stabilize from here, Damas said in a note. Still, the Canadian cannabis shares have been overbought and have probably seen their highs for the year, he said.
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