I don't think so. The paid promos ran mcig way up. I thought there was a chance the sector gets a boost going into July due to NV rec, but perhaps we are not going to see it and need to be prepared for the Summer doldrums. If that's the case, likely best time to start adding to mj positions will be late September through November. I think this is the last time I try hiding any mj stocks over the summer. Pop into July could still happen though...Maybe starting next week.
I don't think the market has over corrected. I don't think anyone is really thinks the company is worth much over 70mill right now which is fine. I expect the see price creeping up as more financial information is released. I'm waiting on the the next quarterly earnings to their balance sheet increase and I'm interested in their 10k to see the number of shares outstanding which should be less then what they were at the end of their 3rd quarter.
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