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Re: GetRich902902 post# 20208

Wednesday, 06/26/2019 10:41:46 PM

Wednesday, June 26, 2019 10:41:46 PM

Post# of 53176
I don't see sub penny either. But I do see a new low coming before the big rally from reported Bizrite revenues. Most people can't take into account something because they don't watch the market cbd sector closely... and that is that there's just not enough buyers out there the past year and a half. More and more companies in the sector are coming out, there's just so many stocks out there and not enough players, so the result is a daily drop in the mj index. This drop seems to "catch" over 90% of otc stocks. Many of them must r/s and dilute to keep QB status, to uplist, or to finance their huge plans for getting to the nasdaq. Doesn't make sense that the mj sector keeps falling, when it should be growing with all the legalization constantly happening. Until there's a major rise in the sector, which I have not seen since December, 90% wil continue to fall and the way things are going with sgmd, they will likely also be part of it.