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Re: zizzy post# 26610

Monday, 09/17/2018 9:09:13 PM

Monday, September 17, 2018 9:09:13 PM

Post# of 83461
To think a lot of the recent price action isn't baked into the price of most 420 plays would be short sighted... simple question... if the farm bill doesn't pass does it affect the price of the stock...

Personally... regarding the space... I'm more cautious at this point and less optimistic over the short term... earnings need to catch up to price.. valuation is certainly out of wack however there are still bargains out there like $CVSI... let's face it... M&A rumors and farm bills are not the true driving force behind sustainable price action... earnings..revenue and growth are!...

Been trading weed stocks since 2012... this is the most overextended I've seen the industry... it only takes one to bring them all down... be cautious my friend... one pin pops the bubble...