Post by
BrokerG on Dec 23, 2024 1:32pm
Volumes
It seems volume is picking up. That, it my view, is good news. Since tax season is almost over, increased volume may indicate investors trying to time the bottom. Considering we are trading at near all-time lows, that strategy seems to make sense.
THis all means nothing of course, unless we get rescheduling and SAFE. Large institutional money cannot or will not invest in an illegal drug, which is where cannabis is currently categorized.
If you think we will get these two legislations passed then invest, if you don't think they will happen then do not invest. It really is as simple as that.
Being an optomist, I think the will of the people will eventually get through to the politicians.
Have a great Holiday season and Merry Christmas and Happy New Year!