InvestorsHub Logo
Followers 7
Posts 1947
Boards Moderated 0
Alias Born 02/08/2014

Re: None

Thursday, 12/22/2016 2:19:17 PM

Thursday, December 22, 2016 2:19:17 PM

Post# of 12998

The Buzz

What you need to know to profit from Legal Cannabis – and sound smart!



Quote of the Week

George Soros

“I'd much rather invest in effective education than ineffective arrest and incarceration.”

— George Soros, Investor


“Cannabis Industry Outlook for 2017” Paints a Very Bullish Outlook for Cannabis Stocks

Cannabis stocks have struggled since the November 8 election. Almost every stock I follow is down since then. However, I don’t believe that weakness signals a shift in sentiment. I believe it is being driven by end of year profit taking and tax-loss harvesting. Keep in mind, most cannabis investors are sitting on huge gains on the year. Looking forward, Cannabis investors should focus on long-term buy and hold and use dips as a chance to buy more shares. When this wave of profit taking and tax loss harvesting ends next week, I’m expecting cannabis stocks to rebound and begin advancing again in 2017.
?


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.