This $2 Marijuana Stock on the Verge of Breakout?
Marijuana stocks have been booming. In fact, they are one of the best performers this year. We’re believers in the classic “buy on rumor, sell on news” mantra when it comes to stocks. The rumor right now about marijuana stocks is regarding the nation-wide legalization of marijuana and the prospects of a recreational market. And the news is the actual announcement from the government outlining the details surrounding this new segment of the economy. As long as we are in the rumor phase of this equation, the bull market in marijuana stocks is set to continue, driven by speculation.
One marijuana stock we’ve been following and that we’ve been positive on has already moved from $0.30 to $2.00, and we think it’s going a lot higher.
You can learn all about this $2 marijuana stock in a special hot-off-the-press investor research report we’ve prepared called, This Marijuana Stock on the Verge of Breakout? It’s yours FREE when you opt in for our FREE tech investing e-letter, Profit Confidential.