Cronos Group Inc (CRON)

[Street Smart]

It's a full blown bear raid that could continue for quite some time. It will cripple some smaller companies potentially. The ones with the cash and not depending on their share price will benefit. The ones that do not need their equity to make a big deal will benefit more. Could be the start of flushing out the weaker hands. This would mean acquisition phase starting. But why would a company buy now let the smaller ones bleed to the point of desperation

This looks like what happened in dot com it could be the start here.

Many will fail. Some be acquired. A few big companies left. That's the future I see here


Cron is in the very best position of all. They can wait. They can buy
They experienced the dot com. This sector will be no different. They know what to do and not to do. They are in the drivers seat

I had a small business in the dot com sector and was an investor in the sector.