Feed in slowly, time for me to move into other areas, particularly after the elections or THE big correction whenever that happens in the next week or decade.
Now you’re playing it wise, most hot ones either don’t pan out or my timing has been wrong over the many years, I particularly have been a sucker for medical stocks, some have worked out, more haven’t!
I think the selling high is over for now unless a person is a day trader, particularly CGC, one to accumulate on drops, IMHO. The more volatile ones like TLRY are still dropping, I would not buy them until buyers finally see value, for TLRY could be at $100, could be at $30, we don’t know.
Sometimes in the trading world you lose, you can drive yourself crazy or you can laugh and bounce back, kind of like UK football.
Good discipline, though CGC might not make it down to $40 and right now the only “somewhat stable” stock in that category.
Doesn’t do any good to blame tv or Wall Street or anybody else, I just make judgments, place my bets and have won more than I’ve lost for 30 years. A few people apologized because a tip went sour, I rarely use them, but I tell them it was still on me.
So, you’re only reading about cannabis stocks? Kind of old news for many investors, this week they are talking oil prices, int rate increases (banks), buyouts, etc. High volume day traders playing with TLRY, first leg down looks around $100, next stop maybe $75, then $50, then a price may get set until EPS comes out on it.
No more investing talk from me to you, you have your own way figured out, I’ll talk to others.
There are TV people, analysts and columnists that have hated this market since the Dow was at 7000.
