Posted On: 03/07/2014 11:45:38 PM
Post# of 56323
My take on how the MJ sector and FITX might play out:
If any of the stocks get into the $5 range, and are able to uplist to NASDQ or NYSE then a broad range of logical(and very good!)events will occur. Institutions, Mutual Funds, and Investment Managers for individual clients will all be clear to get on board. A massive amount of money will flow into the stocks that prove themselves to be the sector leaders.
I have told my friends that have invested in FITX and other MJ stocks--if any of them get to $5, hold tight, because they could very well go to $100 or more. I think the $5 mark is crucial--we shall see...
If any of the stocks get into the $5 range, and are able to uplist to NASDQ or NYSE then a broad range of logical(and very good!)events will occur. Institutions, Mutual Funds, and Investment Managers for individual clients will all be clear to get on board. A massive amount of money will flow into the stocks that prove themselves to be the sector leaders.
I have told my friends that have invested in FITX and other MJ stocks--if any of them get to $5, hold tight, because they could very well go to $100 or more. I think the $5 mark is crucial--we shall see...
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