g Marijuana `Panic Selling' Spurs Canadian Pot Stocks Meltdo

greg nr said:

The US dow fell 666 points on friday, and had an even worse week. Markets hate uncertainty. Interest rate increases are looming, the us dropping out of international agreements is looming with resultant impacts to markets, and the political scene is a powder keg.

None of that bodes well for a strong market, and in a weak market, people flee to quality. The cannabis sector is as far from quality as you can get. It's risky on multipole levels as far as investors are concerned.

Sure, it's cool, but that only goes so far.

It's gonna go lower before individual stocks stabilize. But that "stable" price will be low, and they won't be growth stocks. Basically they will trade around their value points.

In other words, fools and their money.......

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Canadain Closet Gardener said:

The top 10 percent of American drinkers - 24 million adults over age 18 - consume, on average, 74 alcoholic drinks per week. That works out to a little more than four-and-a-half 750 ml bottles of Jack Daniels, 18 bottles of wine, or three 24-can cases of beer. In one week. Or, if you prefer, 10 drinks per day .Sep 25, 2014

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The Hippy said:

Just saw on CTV news that the LP's are down about 30% in the stock valuation.
Bubbles bursting??? gonna get much worse.

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gb123 said:

lol they helped to lose another 7% over the day
dry up freak show!

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