I've seen far too many people get burned by weed stock because they bought the hype without doing their due diligence. Now they've gotten shredded and are holding onto a prayer that it will bounce back with the mentality that it was once $x price so it should go back over time.
This line of thinking is flawed, a lot of companies got buried in the dot.com bubble and a lot of people are getting hurt in this space. My previous advice is to reflect on why they bought into this space originally and if the storyline no longer holds true then they need to take a hard look in the mirror and ask themselves if they are holding onto a prayer, did they buy the hype and is the hype over?
The only way to get back to profitability is do a 180 and pivot towards where the growth is and if weed stocks aren't in that space then they need to make a decision on where they can get the best return.
RVLV at $21.60 exit $21.97 (17 day hold), BABA at $165 exit price of $171.10 (1 day hold), SIA in at $18.75 exit $19.50 (3 week hold + Sep div), CRT in at $14.25 exit $15.40 (3 week hold + Sep div), ATA at 18.25 exit $19.25