See below: I've been out on sidelines. I don't blame you buddy! I keep saying, "keep cash on sidelines". I am not buying a single share of any cannabis stock until I can see some positive developments in the sector. I am not talking about any press releases are inflated rubbish from the companies used to distract investor psychology. I need to see technical improvements.
There is a gap at 4.99 - 4.90, which could get filled at this point. I would stay clear for now. These corrections are deep and can continue for long periods of time - patience my friend.
You are looking at a company whose revenue went up 333%. Analysts set unrealistic expectations, then when pot companies did not meet them, they hammer them. The analysts are the ones that should be hammered. Pot stocks have nowhere to go but UP !!!!!!!!!!!!!! Do not worry. A year from now, I will look back smile at the fact that I was buying at these prices.
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