Unless they go to ZERO Acb is finished..no capital Canopy…what if constellation bails
There is no growth..no capital….no profits….
These are going down and staying down….there is NO FUEL FOR THIS MARKET…UR COMPETING AGAINST black market as well….imagine if APPLE had to deal with a black market atbthe level of 50 pts
The smart money is shaking the tree really hard this time.But trees almost always regrow there fruit. I think exponential is connected with a paradigm shift perhaps a banking sector realignment..
I provide a 100% guarantee that in a year Telegram coin will enter the TOP of 5 coins of coinmarketcap. Buy them while there is an opportunity to get them at ICO price on gram-ton. com
One problem is, no reason to buy. Few companies showing profit and not enough positive news. Why buy weed stocks when so many others skyrocketing today? Let's hope APHA earnings turn the tide. If not, more downside.
High executive turnover, badly run companies, bleak forward guidance, inability to accurately forecast earnings/losses, miscalculations about the impact the illegal market still has on the sector…just a few factors that suddenly are center stage in this sector..everyone turned a blind eye to the many risks the MJ industry faced. Investors now are getting reluctant to just throw money at these companies…this is just getting started.
Thanks for the Video Dan. Always grateful. There is more to the story than just shorts I think. The down action is being coupled with timed news releases and timed with general market upswings on good news. We are getting an orchestra here aiming at creating not only fear but despair, frustration and forced capitulation in the entire sector in North America. Big macro moves not simply shorts. This applies I think when sector was moving up as well. That is the business we are in. No complaints. Feels better shooting off some steam. LOL.
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https://www.bnnbloomberg.ca/commodities/video/cannabis-stocks-shouldn-t-be-valued-in-the-billions-glj-research~1802638
Thanks Dan. No fees with Fidelity?
Dan getting frisky there at the end. "DCOMO Baby!" :o)
Awesome video! Thanks for the breakdown. It is great to learn from a fellow investor.
Bear flag patterns everywhere….buy MSFT. and sleep well
FOLKS…there is a reason these stocks are goingbto zero..NO PROFITS..NO RETURN ON INVESTMENT….CAPITAL EXPENDITURES ARE OFF THE CHARTS
BLACKBERRY
Unless they go to ZERO
Acb is finished..no capital
Canopy…what if constellation bails
There is no growth..no capital….no profits….
These are going down and staying down….there is NO FUEL FOR THIS MARKET…UR COMPETING AGAINST black market as well….imagine if APPLE had to deal with a black market atbthe level of 50 pts
Burning house analogy will have its time , before year end I believe
The smart money is shaking the tree really hard this time.But trees almost always regrow there fruit. I think exponential is connected with a paradigm shift perhaps a banking sector realignment..
This guy completely overlooked the buy opportunity on organigram, the charts aren't the only thing that makes or breaks a stock
Haven’t looked at my account lately but I bet I’m down at least 45k. At this point I don’t think I’ll break even. Rekt
I provide a 100% guarantee that in a year Telegram coin will enter the TOP of 5 coins of coinmarketcap. Buy them while there is an opportunity to get them at ICO price on gram-ton. com
Last summer we bounced with oversold 4 hour RSI was in weekly and monthly uptrend, now we are in monthly downtrend.
Thx Dan, have a great weekend.
Never seen so many bearish comments, good to know weak hands have sold and it's time for smart money to start flowing in!
You are a baller.
Thanks as always for the analysis Dan. Continuing to learn through this cycle and your vids!
One problem is, no reason to buy. Few companies showing profit and not enough positive news. Why buy weed stocks when so many others skyrocketing today? Let's hope APHA earnings turn the tide. If not, more downside.
High executive turnover, badly run companies, bleak forward guidance, inability to accurately forecast earnings/losses, miscalculations about the impact the illegal market still has on the sector…just a few factors that suddenly are center stage in this sector..everyone turned a blind eye to the many risks the MJ industry faced. Investors now are getting reluctant to just throw money at these companies…this is just getting started.
Lmao, made me look ?
Happy Friday, hope y'all have a great weekend ?
Thanks for taking the extra time recently with your informative coverage!
Whose left to buy after 2 hours? Whose left to sell After 4 months of selling??
What is this "fundamental" word you speak of?
Acreage from 30 to 5.80… there is no god Dan
Thanks for the Video Dan. Always grateful. There is more to the story than just shorts I think. The down action is being coupled with timed news releases and timed with general market upswings on good news. We are getting an orchestra here aiming at creating not only fear but despair, frustration and forced capitulation in the entire sector in North America. Big macro moves not simply shorts. This applies I think when sector was moving up as well. That is the business we are in. No complaints. Feels better shooting off some steam. LOL.
Bottom has to be near
Bottom has to be near