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Tuesday, 11/12/2019 11:17:19 AM

Tuesday, November 12, 2019 11:17:19 AM

Post# of 1815
Buy in CIIX before FDA news comes out!

Bearish Sentiment Signals Buying opportunity

One of the biggest signals we may be near bottom is the very high bearish sentiment in CBD and cannabis stocks. For anyone that has been following this correction knows the excitement in CBD and cannabis is all but dead, and that is exactly the time when you buy into a story. You should never get caught up into the hype, but rather buy in when no one else wants to own this sector, like now.

You want to own a position BEFORE any run happens because with most situations like this you could see a violent short cover rally of 30-40% before you have chance to get in. So the best bet is to slowly build position now before any new regulatory news is released by years end.



https://img1.wsimg.com/blobby/go/86a7a9e1-fba0-42de-b5e5-a397e93a4b45/downloads/ciix_upgrade.pdf?ver=1573574551887


We know Mitch McConnell is forcing FDA to release a framework for CBD before end of year. This could send this overly shorted sector spiking bigitme!

My prediction is we smart traders start to take positions before news hits, not after....and CIIX looks like wants to make run past .25 so now good time to grab what small position can here BEFORE news from FDA hits.

My guess they will try to get it out before DC closes up for holiday recess.

CIIX

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