Has anyone thought of how the next MJ run is going to playout? Who is going to lead? What is going to be the catalyst? This year was a huge pump we saw from 1st trading day in January until it peaked in March and continues to decline in some names. Some names it has bottomed (as it seems). My thinking is that Colorado sparked the rally, but unfortunately it did not stick. Lots of people got burned who got in late and/or forgot to sell. In November there will be some markets opening up, but why should anyone jump on the train again? Also, it is the same ole names. No IPOs going on. No new shells emerging. Just same ole companies as last time. Or do we wait and see when revenues start hitting? If that's the case, we won;t see much of anything for several quarters. So many companies in huge debt, it will take awhile for financials to start looking like there is life. So much talk about how fall is going to get hot, lookout for November, etc. However, I don't see it. History has a tendency to repeat itself, but never as the same face.
Would love to start a dialogue here because at some point MJ is going to reign supreme!! It is just a matter of time. But how do you position yourself? That is the question. We can't rely on the same ole stuff to catch the entry point, we have to think outside the box. Because there are lots of others trying to figure this out too before any of us! Lets get some good ideas flowing!
AI
