glad people made some money off that
.
what I remember of my DD on pony is its still profitable with a AECO of 1, or at least very low 1.xx. I believe only about 25% of their product was sold at aeco prices. For people holding pony I wouldn't worry too much; someday it should claw back, but its going to be a long wait. Its going to take a change of government or something for people to want to invest there again...... or it to actually hit rock bottom and people to think its on a big upward motion. It is crazy undervalued now imo. its possible we saw a bottom today, but its not interesting enough for me to rebuy. IMO if it dips under $2, preferably in the 1.80 range, that is when i'll rebuy.
My personal opinion is we'll likely have a crash of weed stocks within a year or so, and after that people will look to other stuff, and a lot of what they'll be going in to is more conventional investments. A year is a long time to wait, but what is pony actually worth? $5-6 imo. More if canada ever does a damn thing about trying to export our product. Even if you wait 2-3 years for it to hit $6 again....... thats a damn good return.
Tomorrow I'm watching BLGV. A shitty mining company trying to cash in on MJ and blockchain O_o. It's probably going to spike again soon (I believe the money in MJ is just circling the garbage stocks pumping and dumping them. This is the next likely one I see that hasn't gone up a lot yet, and also has been doing nothing for a week since it finally got noticed. I also think this stock is on a cycle of 1-3 days after something happens with NF it happens with this thing). I figure tomorrow if it falls more it'll be a good buy to hold for the next spike, or its possible it will climb as early as tomorrow which will make for a good in and out asap move. I'm not risking more than 7g on this thing because eventually i'm going to get burnt on one of these junkers. I would hope the next spike moves it in to the 30s again also.