MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
- Messages
- 11,293
- Reaction score
- 4,665
Just increased my position in this sector to about 20%. I figure that the Democrats will be grasping for an issue that swing a lot of voters, especially voters who usually don't vote much (weedheads are certainly in this category, LOL), and with MJ legalization (at least on the federal level) polling at 70%, this issue will be too good to pass up. Look how beaten up this sector is:
www.marketwatch.com
There are 2 parts to "buy low, sell high", and buying low is the only part that an investor has agency with.
Investors in cannabis companies burned by stock-market losses in 2021 even as the pot business grows
Cannabis stocks turned in a weak performance in 2021 but the sector continues to grow as more U.S. states add to the adult-use market.
www.marketwatch.com
There are 2 parts to "buy low, sell high", and buying low is the only part that an investor has agency with.