|Day Low/High||23.54 / 24.24|
|52 Wk Low/High||5.74 / 26.50|
This great trading action comes in an environment with so many dramatic news headlines.
There are a couple of things that are helping to contain the selling.
There a several names that I expect to see strong earnings results from.
This isn't a market with a lot of very extended stocks so the chances of catching some names at support are good.
I'm not going to try to predict how this action is going to play out, but I'm managing my individual positions carefully.
TCNNF is a 'seed-to-sale' company that offers 155 products.
I'm not going to be distracted by all the whining about the 'big picture'.
Don't be in a rush. The key to accumulating stocks in this environment is to move incrementally.
Many in the cannabis industry have been surmising that states will look to cannabis to plug any budget shortfalls.
I'm growing increasingly cautious but I'm still finding some stock picks that are working.
While breadth is very good Wednesday, it isn't flowing into the speculative names.
There's nothing in the price action to indicate that a change in market character is developing.
Firms should be using their high stock price to grab other businesses to expand, so they're ready when things return to normal.
It's a mistake to declare the action as either bullish or bearish.
How is Trulieve accomplishing what so many other cannabis companies have attempted and failed?
My focus remains on individual stock picking. The market timers are being crushed again.
Firm sees shares dip after accusations by short-seller Grizzly Research surface in business media.
If you want to find cheap stocks with great potential to rebound in 2020, the best place to look is marijuana names.
Still, the firm rates the companies mentioned as speculative buys.