stevie whats required here is some education. call this a...

stevie whats required here is some education. call this a learning experience. MM and legalised pot is looking likely to be a massive industry. Look how many states passed the bills during the last election in the US, was it another 5 states to join Utah and co? If you did educate yourself you'd find that stocks will often go for a big uplift followed by a retrace of the gains that were just made. Look at A2M, it hit $2.32 at open one day, a massive gap up, all on hype and then retraced all the way back to $1.30 over the ensuing months, much to a lot of peoples disbelief. It was like clockwork almost if not a perfect 61.8% retrace of the stellar move it had made up over the previous year, and now look at it. Now I'm not saying MMJ is anything like A2M, well not at the moment. But the sector is hot, MMJ have some issues, and retracing as much as it has you'd hope support comes in soon. Timing the market, not time in the market. Also don't look only at price look at market cap. Also just because a stock goes down by half doesn't mean downsize risk is small, making it a good time to buy, it can always halve again.