iAnthus Capital Holdings Inc (ITHUF)

[Lloyd Christmas]

What doesn’t make sense is, the “summer slump effect” in the marijuana sector. Happens Every. Single. Summer. No matter if there is good news or bad news, it happens. All the while, the broad market continues upward and every other single f***ing sector gains.

It’s nice to have the buying opportunity present itself. However, when you’re trying to nail the bottom and miss it, it’s very frustrating with a company like iAnthus. They have been falling and falling for 4 months. The PPS here should not have went much below $3. But, here we are, in this summer slump bullshit, and it just keeps dropping.

This will probably hit $2-2.25, maybe even lower, before the POS market makers decide to reverse the trend.

Good luck to all investors longing this one. Be careful if you are still watching from the sidelines... you might get an even better buying opportunity here within the next week or two.