I ride with my winner for long runs and keep my portfolio light looking for speculative plays that could be day trades, short trades, swing trades, ...
Why MMJ is spec:
Pros: new industry with high potential
End to end strategy that is different from main competitors
License almost completed
Cons: Poor performance from management so far (selling pills, delivering on the strategy)
Need of short term capital
Lower rounds of capital raising and bad terms for shareholders not participating in the offers
I ride with my winner for long runs and keep my portfolio light...
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