You feel bad news is out already and positive news by end of year? Seriously? Based on what? You bought at .40 and you are immediately down over 5% heading toward 10%. What do you base good news by years end? You need to understand that if there is no news by end of Sept many many strong hands will call it a day here and move on. Do you honestly think investors will stick around until years end? With other sectors like energy heating up (ENPH) Biotech (MDCO AMRN NVAX DVAX) Cannabis (GTBIF IIPR) do you really think investors will continue to invest with inept management with absolutely no past history to base that on? Really? If you want some Cannabis history let's look at companies with inept management: CTST, MMNFF, SVVTF, EVIO. What do they all have in common? Bad, mistrusted, management and stocks that are killing investors. EVIO is a mom and pops operation at best with inept management. It is not in the class of CTST or MMNFF or even SVVTF for that matter, and these stocks are going nowhere fast (with maybe the exception of MMNFF) If there is no news by end of Sept you will see strong hands depleting their shares in short order. I tell you what...you stay here and I will take my money in EVIO and put it in NET ENPH MDCO IIPR SFIX TDOC LVGO GTBIF shit pick any one or two, and lets report back here end of year. This is a spec play at best, with bad management. With no news, shit management, no one is averaging down. If anything people are shorting this. Two weeks, and if no news I can tell you I am out, and I speak for many others I know. On the other hand if there is some decent news this will be right back trading at .60-.80. Unless you are truly on the inside no one has a clue with this spec play. Smart money now is on seeing this back to the .20s and playing it back to .40 for a double, swing trading if anyone has the stomach to not vomit in their mouths while buying this stock. GLTA
