CGC: Has the Sentiment Finally Changed?
It finally appears the sentiment for pot stocks has changed, especially with some adequate news for some stocks, and actually some revenue surprises for other stocks.
It appears for many stocks it is now 'safe' to put small lots in, however, one must enter slowly as the short interest on pot stocks will remain absolutely immense for at-least 4-6 months.
Nonetheless, even as sentiment begins to push upward, one must expect extreme volatility, even within a days time. At this point, this is one of those sectors where you want to invest and never look at it again for a few years as the volatility could force premature panic selling.
An ETF would be a worthy bet since the sector remains far too infantile to choose a "winner".
My Favourite ETF: HMJU (BetaPro 2x Leveraged Return).
- zSplit
It appears for many stocks it is now 'safe' to put small lots in, however, one must enter slowly as the short interest on pot stocks will remain absolutely immense for at-least 4-6 months.
Nonetheless, even as sentiment begins to push upward, one must expect extreme volatility, even within a days time. At this point, this is one of those sectors where you want to invest and never look at it again for a few years as the volatility could force premature panic selling.
An ETF would be a worthy bet since the sector remains far too infantile to choose a "winner".
My Favourite ETF: HMJU (BetaPro 2x Leveraged Return).
- zSplit