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12/21/18 12:45 PM

#42382 RE: LETSWIN2020 #42381

People calling dilution but it's not dilution, this selling is happening across the board. Classic buy the hype sell the news. Everyone was waiting for trump to sign with a magic pen to make all the hemp stocks go up, but really all the MM's (ie the market) was waiting for him to sign to sell everything. If you follow over 100 hemp/MJ stocks like I do, you will see the sector tanked yesterday right at 2:30 EST till close and continued today. However, most stocks that ran up a bit are down on low volume. This almost always means they are about to bounce back up at least to recent prices. In UBQU's case, we are down 22% on 80 million volume. That is pretty low for such a huge loss after already being down 30-40% from recent high. Now 0013 is only 50% above the bottom, we will be heading north when the MM's decide to bring the sector up.