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Re: A deleted message

Saturday, 04/01/2017 4:07:53 PM

Saturday, April 01, 2017 4:07:53 PM

Post# of 51845
With a couple of exceptions, the entire MJ sector is a crap shoot and completely illogical. Companies like PHOT can file a 10K, as they did yesterday, with 65% decline in revenue and mentions of more dilutive stock, and being sued by a few companies (and anticipating more), and STILL trade in the green during the day, but only be down 5% at the end of the day. Technicals right now in the MJ sector are just a suggestion.

There are facts that can back up almost any MJ stock. With GRNH, they have revenue coming in, as seen with Friday's news. GRNH was up 12-15% at the beginning of the day, but ended up only up 3%but was green in the end, despite a pretty much lousy market overall. Three percent is small, but good when everybody else in the sector was down.

The market is overbought and overdue for a correction. MJ rescheduling in limbo, the current political climate and uncertainty hurts everybody -- hence the only 3% jump yesterday. Haas needs to get financials out soon, I hope the news on Friday is going to lead to financials coming out soon.