Cannabix Technologies Inc (BLOZF)

[thcdetect]

HATE to say this, but, most likely a selloff to the old high of 80 c US is in the works on light volume. BUT, this would be healthy as more and more buy and hold investors will come aboard, especially technical players. It may take another year or so to get into production but this stock will go TASER like imho - likely a double digit $ stock when in full production and orders filled. This price went ballistic on the news of being added to some deal following the top 50 stocks in B.C. . However, someone noted insider selling at this point and likely the same insiders will buy back when stock sells back to a more normal price range based on the company situation as it is now - a good idea, but pre-production. my reco is to BUY AND HOLD FOR AT LEAST 3 YEARS. This is the first parabolic move, it wont be the last , but the first one will generally sell back to pre parabolic levels. If you dont want to sell, i suggest you as the old saying goes, put the certificate in the top drawer and forget about it. best to all. If it is being shorted, it has to be done in canada as it cannot be in the US under pink sheet otc rules.