The weed is on! Let's remember folks, market cap comparisons are definitely valuable BUT we are not trading company value in market bubbles. We are trading bullshit, perspective and hype. Well I am anyway.
You won't find logic in a crazy train.
I held QBL overnight. In my opinion this will pump. It's an Australian story - don't we love a good underdog? Sure, the QBL directors may be shonky as shit or not, (I don't know enough to make an opinion), but MCL's Kavasilas is a good guy in a good industry that has been maligned for decades. Aussie investors want to invest in cannabis. They jumped on PYL and rode it to a dollar in two days only to get burnt and it has taken the market a long time to forget. But they're still a bunch of rebels, raised from convicts, migrants and oppression - take a look around at all the hipster baristas - they all look like fracking Ned Kelly - there is a generation of investors out there who aren't so staid as the old school, aren't so conservative with their investment decisions and they are coming to invest in weed stocks and/or trade the shit out of the marijuana bubble along with the rest of the sharks. Where they go, there's an opportunity to grab those horns and ride that bull.
You wanna be a wolf - time to howl baby!
For the newbies, great time to learn not to fall in love with a stock. Great time to practice getting in and getting out. With a profit preferably. And watch those trades. Watch for the bounce.
Good Luck everyone. Make it count!
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