Ubiquitech Software Corp (UBQU)

[80 bluchip 20 pot]

could be the pumpers, could be longs selling for tax writeoffs, could also be UBQU management putting out those diluted 5 Billion shares to make a little better than 10. I keep hearing from experts that they put those out to the market a little at a time, but I'm unsure if the damage from share dilution is completely over for now.

regardless, optimists, I'm with you. dumping back to 13 just gave a bunch of peeps a huge opportunity to suck up millions of shares for the hope that January will give up pops, optimistic press releases, or just HUGE great press for the pot industry at large.

Oh yeah, btw, the ENTIRE pot sector mini dumped this morning admist major bluechips soaring over trade war "relief". Why? well some big bankers decided to announce they are shorting Aphria, a huge Canadian grower. It caused sympathy selloffs in the entire pot market at large.

Now, I'm not totally sure pennies are affected the same way broad markets are, but mass psychology is. Those bankers will cause a panic, a mass selloff, and then of course, it's easy to short a stock when people believe you that the stock is going to go down.

Anyhow, what goes down will come up if it doesn't go bankrupt, the pot market will recover (maybe no aphria) but with that sympathy, the sheep will return to buy again.
go long, UBQU.