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Posted On: 11/30/2017 11:23:51 AM
Post# of 75078
Averaging down at this point seems like the best option. It looks like they're going the CBD route and if any type of legalization is passed during this administration whether it's the next year or 3 years, you'll see marijuana/hemp stocks explode like bitcoin did, going from $1 to thousands because of all the big money around the world willing to pour it into any listed company on the market.
My only hope is that they get the ball rolling and start some PRs in December to build up that hype for the production in February for California. First mover advantage is so important.
I have faith in them, but I can't lie and say I'm not worried because this is definitely going to be the last hoorah. They are running out of money and time.
I'm also not too worried though because this stock is predictable. Just look at the 2 huge spikes. This company's stock takes dips, then big boys come and buy up some shares to shoot it up off hype. It's going to happen again, so average down.
My only hope is that they get the ball rolling and start some PRs in December to build up that hype for the production in February for California. First mover advantage is so important.
I have faith in them, but I can't lie and say I'm not worried because this is definitely going to be the last hoorah. They are running out of money and time.
I'm also not too worried though because this stock is predictable. Just look at the 2 huge spikes. This company's stock takes dips, then big boys come and buy up some shares to shoot it up off hype. It's going to happen again, so average down.
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