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Re: JohnCM post# 118255

Wednesday, 03/11/2020 11:02:42 AM

Wednesday, March 11, 2020 11:02:42 AM

Post# of 128582
I dont have a premium account mate. Anyway I think cruise lines would be a good place to look. From what I can tell theyve taken quite the beating.

As for today we will see deep red in the markets. Primarily resulting from lastnights lack luster press conference on the handling of the virus.

IE it appears that we are going to let this thing get way out of hand before we crack down on it.

Expect CGC to continue downward. I believe the non virus related items pertaining to CGC have already priced themselves in. I suspect the continued chaos in the markets however will be enough to send cgc into $X.00 singles areas US. Again looking for $8.00, nowwhat made obvious that the $10.00 US area is coming. I think we will pass that up and average somewhere between 10 and 5 US.