Tuesday, April 10, 2018 3:56:57 AM
The movie The Big Short keeps coming to mind because somehow even though the banks were on the brink of collapse they were able to prop up an image of security and possibly prosperity. We have a polar opposite situation here at least in the Cannabis Index. Somehow even though the industry is busting apart at the seams the stock index for Cannabis is being held down. Look at the charts on Marijuanaindex.com. Look at the charts for the Canadian Index. It has been falling even though they are going to be legal in July? The propped up or propped down chart is a façade. You can not base investment on chat boards like this where disgruntled participants vent about their losses. Hold true to your school as the Beach Boys once said. Know what you own and be patient. There will be a rich reward.
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