Very true. I cashed out today and I'm going to wait for a bit to re-enter. I don't like the current trend of the sector.I notice that the current trend for some of the year's popular mj stocks is bearish.
There are some that are bucking the trend, but it's still too risky for me. Whenever the panic selling is over, might be a good time to sift through the ashes and find some gems to trade. Problem is if another popular mj stock gets hit by the SEC, a majority of the sector may continue to get massacred.
My posts are solely my opinion unless presented with (or directed to) factual information. All investors are strongly encouraged by myself to do their own due diligence before making an investment decision.
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