Why Cronos Group Shares Soared Today

onthehook8 (72)in #cannabis • 6 years ago

That's possibly because Cronos claims a lower market cap than others and could be perceived as a more attractive bargain by investors.

Interesting article about why Cronos might have jumped in price today. I own a few shares in Cronos so I was glad to see it. I still say the long term looks bright for the stock, although I wouldn't buy anymore at these prices, after the big run up.....

Read the full story here...
https://www.fool.com/investing/2019/01/28/why-cronos-group-shares-soared-today.aspx

#medicine #health #pot #marijuana

6 years ago in #cannabis by onthehook8 (72)

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onthehook8 (72) 6 years ago

Cronos closed the day around $18.50....

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uptoker (50) 6 years ago

You have recived an upvote from uptoker, A community funded community building bot.

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5 votes

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onthehook8 (72) 6 years ago

Thanks

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1 vote

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uptoker (50) 6 years ago

You have recived an upvote from uptoker, A community funded community building bot.

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4 votes

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onthehook8 (72) 6 years ago

Thanks

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1 vote

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cosmiccrimes (45) 6 years ago

Call me crazy but I am holding till 50. bucks!

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onthehook8 (72) 6 years ago

Lol, yes, I love it, I may never sell!!

I'm thinking of selling the calls on a portion of the shares, bc I do think the stock is overbought at this point and needs to correct for a period of time, selling the calls will give me a small income if I'm right.....

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cosmiccrimes (45) 6 years ago

I think a correction will happen. Perhaps people will sell it while it's high right before the federal legalization on the states to shake off weak hands so they can buy it again before it goes record highs again.

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