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Re: CashMoneyCarl post# 108338

Wednesday, 01/10/2018 10:06:14 AM

Wednesday, January 10, 2018 10:06:14 AM

Post# of 120628
This.

My entire mj portfolio opened red, so it could be the sector still feeling finicky about what federal action could be taken.

As I understand, most areas will see no change in business dealings - however market money overwhelmingly prefers placing funds in areas which don’t have the dark federal cloud looming above.

Despite the drama, PHOT seems to be holding up in the high 2’s and we had some buys in the 3’s as well. May sit in these ranges for a bit until we hear more from either company or feds. Rescheduling would change things for the entire sector rather abruptly.