Replies to post #8088 on Cronos Group Inc (CRON)

[Drugdoctor]

Too much overall market weakness for $CRON to hold the gains... However, it looks very OVERSOLD at this point, as any negative effect from the earnings report should now be discounted into the price, and the company still has 1.1 BILLION DOLLARS in cash... My thinking is they will now start to acquire distressed but quality assets at bargain basement prices and turn $CRON into a profitable, viable company...

Note the chart is back to long term support... Price has bounced hard several times from this level...

[T-S-Elliot]

Yes!!