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25 days ago I posted the following:
“IMO From a technical analysis basis ALL MSO stocks are in BUY status”
As of Friday’s (8/5/22) close the entire MSO group is again in BUY status.
I think that a solid short term bottom is in. The stocks are reacting positively to the news from the Feds, good news from GTBIF, bad news in a couple of cases has not cratered the group, e.g. GRWG bad earnings.
announcement, even VRNOF it’s “restatement” is on the mend. I think the longs can breath a small sigh of relief as the selling pressure seems to be abating. The upcoming earning reports I think will be well received.
TCNNF N/C, CURLF N/C, GTBIF +200k, CRLBF N/C, VRNOF +200k,
TRSSF N/C, CCHWF N/C, GRWG -242k, AYRWF +100k & JUSHF +250k
"expansive footprint offers upside to capture rapid growth of the overall U.S. cannabis market while continuing to scale with strategic capital allocation ensuring future growth. Reiterate Buy; $26 PT"
Today because of their attempted class action the stock is almost at a 52 week low dropped .46 today and the rest of my Cannabis stocks are all in the GREEN
Do I get to SUE them ?
That Ohta be good news, except for the fact that it shows in confidence in terms of reporting. Also I noticed some ambulance chaser lawyers are trying to get a class action suit oh shareholders who got burned.
Here’s the link to NCV’s Revenue and Income Tracker:
https://www.newcannabisventures.com/cannabis-company-revenue-ranking/