Agritek Holdings Inc. (AGTK)

[stocktivity]

Agritek will probably will trade pretty erratic the next couple weeks. We're probably going to see some tax loss selling in the final 2 weeks of the year. Virtually anyone who bought AGTK over the past couple years is under water and may use a loss here to offset a gain in another stock. The good news on the tax loss selling is many of those sellers will be back after 30 days (tax loss sellers can't buy back before 30 days).

That said, I do see a few potential positives coming in the next couple quarters (Dear bashers...notice I said "potential" before jumping all over me).

1 - those tax loss sellers will be buying back beginning mid January and could provide a nice boost.

2 - Friedman leaves for his new job Jan 1st (he is staying on until year end to help transition the company over to the interim CEO)

3 - The Farm Bill (which includes hemp legalization) already passed the Senate and will easily pass through the House in a matter of DAYS. Since it was Mitch McConnell (house speaker) who wants the hemp included, Trump will sign the Farm Bill into law. He is not about to make Mitch mad at this point. Trump will need all the friends he's got in the coming months. This hemp news will jump start many beaten down marijuana stocks.

4 - The new CEO should waste no time providing shareholders with plans on developing Agritek's hemp farm acres in Colorado and Puerto Rico.

All my humble opinion to be taken with the smallest grain of salt.