Let me be more specific. About 3 weeks ago I adopted a new investment plan. I bought lower cap MJ stocks that were sitting at lows, at support. I knew my portfolio would be a winner, in time. But I lost track of one thing. I was used to my portfolio throwing off CASH, profits. My new portfolio was simply going to sit until blastoff. That would be ok, IF I had a CASH hoard sitting in my savings account.
So I changed tactics and converted into MJ stocks with MOMO. At the same time I set up in Fidelity "price alerts." There are price points that I have selected for my favorite companies for when they make their breakout move. No reason to park CASH in a stock that is not moving, YET.
CRESCO is one of those stocks. Right now, dead money. BUT with a price alert of, say, $11.00, you can jump in just as the next leg up takes place. And it will take place. Cresco is currently undervalued.
I have went with the momo approach but have also put some monies in stocks within this sector that have not move. I believe sooner than later all will rise as the saying about all boats rising. Also thanks for the invite here.
