Unless MMJ co.'s adapt to the new frontier (which is actually legal weed) they will fall to the wayside......
Hey Osprey, you wrote the new frontier, I am curious, what do you think the new frontier will look like with legal weed. Will the next public company's be like the tobacco company's with huge market share.
I tend to sit back and read a lot before taking a position in something and I can see the irrational exuberance here driving the price higher lately, but at the same time, I tend to agree this is the tail end of one frontier and the beginning of another.
That's not to say that a trader who is quick to pull the trigger can't make a ton of money right now BUT I would definitely NOT consider this stock or any of the sympathy stocks a 2 to 5 year investment. It is a trade, nothing more, nothing less.