Down $11,000 since 2020.. hurts every day
Cannabis (Marijuana) Stocks
- Last Updated:
- Mar 27th, 2024 10:47 pm
Tags:
- SCORE+66
- jaybiz
- Newbie
- Jul 18, 2013
- 46 posts
- 31 upvotes
- Vancouver
- zoro69
- Deal Fanatic
- Jun 19, 2001
- 9537 posts
- 3186 upvotes
Personally i am surprised its gone up as much it has, I dont know if there is upside or not, but I wouldn't buy it here. I know its not going to continue going up at the same rate.
Id be looking at others. Tilray has gone up, but not near as much. And american ones, they are anticipating legalization, MSOS/MSOX, CURA, TSND , TRUL, GTII, GRWG. OGI dumped on a financing today, but recovered a lot of it. No one knows for sure, but you are better off buying a stock going up then buying one going down.
For people that held, for years, all the way down, you arne't getting back your money. THe one guy said "CGC is definitely going back to $50", which would mean to $500 now. Don't let that happen again, always use a stop.
If you aren't willing to take small losses, then you will take big losses. This is my guarantee. -
Mark Minervini
Mark Minervini
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