Today, Elliott Fishman commented about whether MGM-N, WMT-N, UAA-N, ACB-T, EFN-T, TV-T, WJA-T, OTEX-T, H-T, ARE-T, BNS-T, META-Q, SPB-T, CJR.B-T, SU-T, DEE-T, ATH-T, HBC-T, LVS-N, MS-N, IMO-T, FNV-T, G-T, CTC.A-T, CHDN-O, NVDA-Q, TCEHY-OTC, MO-N, XYL-N, ALA-T, MG-T are stocks to buy or sell.
These stocks have moved so much so quickly to the point that everything has to work out perfectly for them to go back to the levels they have been. The pullback of late has to do with the no announcement of the Government in terms of when it is going to be legalized. He is afraid of stocks like these. Depending on the reasons you bought it in the first place he would hold here.
There is limited history here. The stock is drifting. Great company. You could have a good company with a bad stock. If it gets below the psychological $20 value, you have to get worried.