Cronos Group Is Slipping -- Buy on the Dip?
Altria CEO Howard Willard said a few weeks ago that "there are opportunities really across the world in a variety of product categories, both recreational and medicinal, that would involve [Cronos] entering new product forms and developing new products and new product brands."
Interesting article about Cronos stock price. I own the stock so I'm always interested in what other people are saying about it. I have to agree with the author, I think the stock has a bright future ahead of it, but will probably go sideways for the near term. In fact, I've been selling the calls to make some extra money. I've been selling mostly out of money 7 to 30 days out, we'll see, it's working well right now.....
Read the full story here...
https://www.fool.com/investing/2019/02/12/cronos-group-is-slipping-buy-on-the-dip.aspx
I'm still holding out. Like I said there will be dips. I am waiting for the federal Legalization to see if it reach new highs before I sell.
Oh I'm holding too, just selling some out of the money short term calls to make a couple bucks while we wait for much higher prices.
Cronos closed the day around $19.50.....
You got a 20.02% upvote from @brupvoter courtesy of @onthehook8!
Thanks