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Wednesday, April 23, 2014 8:28:16 PM
shorts started a coordinated attack. their game was almost too easy to play today as the people have been running away from cannabis stocks for 3 days in a row now.
so plenty of cowards and petty penny flippers also urinated in their pants and then ran into the hills.
shorts accomplished their objective.
its really a sector wide thing as I have suggested in my last post. the whole sector pretty much got chewed up except for a few stocks like cannabis sativa (I believe the symbol is CBDS) and GWPH.
I cant see this continue for the 4th day in a row. so some buying will pick up simply because the prices are just insanely low now. there is little less risk involved at the moment.
so the time is right to do some bargain hunting.
ATTBF simply did not have sufficient buying today as it did yesterday. volume was light yesterday as well but we were able to outrun the sellers yesterday.
I was not around to watch the price and volume action today so I did not add to my holdings.
my plan is just keep loading up on the Canadian companies and then just kick back and sip scotch. I like ATTBF the best in terms of the most potential. I also like medican and tweed and tilray. tilray is privately held but I will keep an eye on them.
PRAY FOR DEATH
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