HYYDF Stock: Waiting for These Signals
Marijuana legalization is fast approaching in Canada, and investors are hoping to cash in on this new lucrative segment of the economy that is set to go into effect this fall.
My use of the word "hoping" to describe investor expectations was not an accident, because equity markets have a tendency to humble investor expectations.
Marijuana stocks have been gripped by a correction this year. Many investors are hoping that once the door is open to a recreational marijuana market, the stocks will respond by catching a bid and staging an advance.
I am not going to make any predictions. Instead, I am going to take my cues from the price.
Den vollständigen Artikel lesen ...
Marijuana legalization is fast approaching in Canada, and investors are hoping to cash in on this new lucrative segment of the economy that is set to go into effect this fall.
My use of the word "hoping" to describe investor expectations was not an accident, because equity markets have a tendency to humble investor expectations.
Marijuana stocks have been gripped by a correction this year. Many investors are hoping that once the door is open to a recreational marijuana market, the stocks will respond by catching a bid and staging an advance.
I am not going to make any predictions. Instead, I am going to take my cues from the price.
Den vollständigen Artikel lesen ...