TREES Corporation (CANN)

[Buck Russell]

Recently CANN has done a few PPs to fund operations. Diluted the pool a bit, but the float and share structure are still such that we're left in a good position for very high prices, like the $11+ we saw in January or greater.

The sector more or less runs together and has little to do with each company's fundamentals. One stock in 2016 I held didn't even have a product, zero revenue, and had a market cap of almost $1 billion at one point. In these rushes, it's purely speculative.

If next week reveals that we're back in a speculative rush again, expect CANN and virtually every stock to be completely overvalued and overbought for a period of time.