Market will let you know at 11.15AM for CAN and 12PM for THC. Expectations are they should do well. A lot depends on how the demand on both buy and sell side is, how good are the metrics, how tight is the register, how many nervous nellies line up to show their sell orders on market before Open etc. My suggestion is don't show your sell intentions before open. See how it opens. Then observe for an hour or 2. If you have to sell then make your decision after seeing the trend. Don't forget these are new IPO's and also valuations are still way far behind their listed peers. To catch up with them they have to open at a 2 to 3 bagger I believe.
THC is the lowest EV with 9.475Mil or so. CAN is the tightest Ar*e and will be leading the charge showing the way for THC, as CAN is listing first at 11.15AM. That sets the trend for THC at Midday. So to all those people who got THC shares from OMBB etc, my way of saying that if you want a decent profit, don't show your hand at Open. Let the buyers line up and they have to show their hand as hardly anyone got shares in these and Day Traders line up after open to buy as they are calling on their forums " Tomorrow is a Pot Day of Celebrations ". That way buyers show their hand as many wants to jump including Day Traders. Then after observing for a while then you may sell if you wish and if you are happy with the profit you would be getting.
Pot stocks are different to your UUV and MOB, remember that. Pot is till hot here, in US in Canada and Europe. I hope this helps you guys a bit tomorrow as you chew your nails and try to bite your fingers off at open. Good luck to all buyers and sellers if any. Remember Market will let us know at 11.15AM and at 12 PM. Cheers.
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