Where is THC heading in 2020?, page-244

Don't think THC is a stock that many, if any, day trade. It is fairly illiquid and the volatility is extremely low with next to no hype. The entire cannabis sector has lost it's hype and all are trading at fractions of their highs.

Great, so you strategy is to go super long.

Just pay attention to the next 2 quarterly reports.

Watch their cash & cash burn.

If the cash burn rate increases and revenues are stagnant, might be a good time to reconsider your positions not only in THC but whatever else you are holding. It is only going to lead to a CR for working capital and you don't want to be caught with your pants down.

You mention, you don't want to miss out on the takeoff?

Do you really think with the following comming up that it will not trigger another selloff?

• Jan-March 20 - Negative GDP reported (Both AUS & US)
• April - Jun 20 - Extreme Negative GDP Report (Both AUS & US)
• Official Recession Starts making the headlines (scaring many retail investors)
• THC poor annual report (impacts from Covid19 & international trade)
• Rising Corporate Loan defaults
• Rising Unemployment
• Rising Mortgage Defaults
• Bank Distress (Not sure how much the Govs can bail them out with all the QE currently happening)
• Whatever other ugly news

takecare of your health first and goodluck