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Vandalayind

11/21/18 9:06 AM

#34888 RE: Chirodoctor #34887

Unless of course people are comparing Market Caps.

Then there is correlation...justified or not.
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USMC_OTC_MJ

11/21/18 9:19 AM

#34891 RE: Chirodoctor #34887

Yes I do no see any correlation between "Pre-Market" swings in either direction.

However, based on the 50 stocks I follow, I have seen that CVSI tends to follow certain trends. CVSI tends to follow its own category, it has its own select investors (PEOPLE LIKE US, who are die hard CVSI investors) then you have the institutional investors (BLIND OR NOT) <- Meaning behind the scenes or not... and then you have the newbie, grampa investors who are dabbling and getting in late and falling victim to the pump and dump schemes.


Those of you who don't know CVSI, its hard to ignore the facts. Scientifically,the company has invested money into acquiring the GRAS cert which is KEY to FDA approval for FOOD GRADE PRODUCTS!!! HELLOOOOO!!! OPENING TO DRINKS, SPORTS BARS, POWDER ADDATIVES you name it... money money money. What CVSI has been concentrating on is their supplement category. (GUMMIES, CHEWS, GELS, OIL) This is the category they need to be in to dominate and get in as a STAPLE PRODUCT FOR EVERY HOUSEHOLD...like vitamin B, or flinstone gummies haha.

The trend I have seen is that it tends to follow ACB, APHA, CGC, TLRY, NBEV, CRON... but!! look @ today, most of the big hitters are up.... SOOO if you look at the CBD market and the lower players like POTN, EMMBF, BIS, TRTC to name a few are down or flat. Soo I have seen the correlation between that. Now its hard to predict where it will go. That is why I placed CVSI in its own category because everything can drop and CVSI stays constant at a level or surpasses everyone else.