Turth, I agree. I just notice a lot of people on this board get caught up with the Techincal analysis. I am far from a Tech analysis expert, but I have been in Marijuana stocks for almost over 5 years. I have seen the low of the lows and the high of the highs in relation to prices. In my opinion, this isn't even a start to the bubble of this sector. I am LONG this sector for another ~8-10 years and dump it all once it reaches an all time high with legalization federally.
I also think there are two things going on now and I change my tactics and I consider myself a pretty large investor and I have gotten clients and friends involved.
I have 2 accounts, one is ONLY a buy and hold LONG, the other I day trade per say and capture alpha all day long. So that bulking could be seen by people who want to play both tactics, its almost like doubling down in my opinion, instead of shorting the stock on dives and taking on a ton of risk and exposure.
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