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Originally Posted by station
I know there is way more than this to the story but the market cap of WEED is insane even compared to a high growth company like DOL.
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Weed is just a perfect example of emotional investing. You'll pull your hair out trying to figure out what to do with it from a fundamental perspective. People know about pot, like pot, hear about pot on the news and then go buy the stock for no fundamental reason other than fear of missing out and everyone else is doing it. Tesla was the same way and now short sellers spend their days going totally freaking mental trying to figure out why their valuations are not working in their favour. These stocks are much much better to look at from a technical perspective.