It definitely could happen, especially if MJ gets rescheduled to schedule II. But at this point to me, it seems like it is going to take improved financials to get these tickers to start moving. It just seems like investors want to see proof that these public companies are worth their weight.
What I have noticed in my time trading MJ tickers though, is that when a few of them get hot, they all start to get hot. I'm crossing my fingers for that to happen, and based on the MJ index's 5 year chart history the industry should make a move soon. And I always keep some money in MJ, because it could happen at any moment. Maybe our competitor MDB* move today will help the sector and us this week.
Regardless, I'm not worried here though, because we are building a real company without toxic financing and massive dilution. Todd Davis is going to get it done IMO.
GLTY! Go EDXC!
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