The main reason these mj stocks are down is because they are being “Shorted”. I have followed the top 5 mj companies and CBWTF very closely the past two days. Look at the charts, they all have the same pattern. If you have Level 2 you can watch every buy/sell order. You should see the sell orders that hit the market 5 minutes before the closing Bell. Also you need to watch the open. The Shorters are killing these stocks and they are making a butt load of $$$. That’s what I’ve see these past several down days. Nothing has changed fundamentally with these companies or in the MJ sector. Everyone needs to remain long and not panic and sell. That’s exactly what the shorts want you to do. That only makes their job easier. A ton of people are panicking and therefore they sell their positions. Remember you don’t loose anything until you sell. Just my opinion. For me I am long and strong with $CBWTD and all of my other stocks.
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