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Re: NYC_JimBob post# 32273

Thursday, 04/23/2020 11:59:57 PM

Thursday, April 23, 2020 11:59:57 PM

Post# of 33026
Studied a bit on past sector hype scenarios mj sector january - march 2014, hype came right after January 1st 2014. Mj 2016 november elections hype came before then fell on the day of the elections. Canada medical and recreational mj stocks rose and were high in price a month or two before the date and started falling two days before the date (could have been because the overall market was negative and some of the major Canadian mj stocks like cgc apha and acb were on the nyse exchange. Ebola virus - biotech and health stocks, airline stocks went down, but coronavirus and oil is hitting the market way harsher. More often than not smaller cap stocks experienced even more gain percentage as well as ones that put out a pr during the rise. Mj 2014 was the biggest until 2017 cryptocurrency related stocks averaged even bigger gains and I think that is because of the more immature the sector is.
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