HEXO Corp (HEXO)

[CornellEngineer]

Yeah, I saw that video a while back and posted it here.

Don't get me wrong...HEXO is one of my favorite Canadian-based operators. I try to mostly only swing trade stocks that I like and think have good long-term growth potential...one reason being simply because if one of these trades ever blows up in my face and I don't wanna turn a big paper loss into a real one at least I'd rather be sitting on a good company that I wouldn't mind holding for a longer time than I mighta originally planned rather than being stuck with a dog. And IMO, HEXO ain't no dog.

It's just that I have a sneaky suspicion that most of these pot stocks are gonna start trading sideways for a while and think we may be near the top of that hypothetical range. Hard to say since we just plummeted a long way so we've had no time for it to bounce around a little and establish some reliable resistance and support levels.

We've got a fairly high sell limit in place right now that I seriously doubt it will come close to tomorrow but maybe a couple more half decent days combined with favorable election results next week and a few states voting to pass their MJ referendums will give these beaten down equities a little more sustained momentum into next week.

They're off life support for the moment but they're still a little wobbly...LOL.