Well looking at the past few weeks of trade
CGB has almost doubled in S/P , that’s pretty good in my perspective as other Pot Stocks are languishing at this point of time.
The general consensus on CGB especially on this forum , CGB labelled a dog stock
riddled with fleas . It appears the Mortein shot is working and the negating posters have joined the parade .
Has the fundamentals turned around within the CGB organisation
Is there a re structure occurring within the Company
The finger always gets pointed when the share price goes down and the Doom sayers rove in packs .
Well there must be a transformational shift in sentiment
as the S/P is heading north , and I can only suggest a lot of stale bulls have run for the gate as the Fresh bulls are stampeding to take up parcels in CGB
I have seen this on quite a few stocks
a lot investors pull out there initial investment when it hits there original entry price or near so , only to see the price climb higher with the momentum shift .
It’s still premature on CGB , but definitely a sentiment swing towards S/P
It’s looking favourable for another momentum gain next week
CGB Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
