MarathonMike
Diamond Member
- Dec 30, 2014
- 47,206
- 65,370
I have no axe to grind here as I sold out of Pot stocks when they went crazy. Too volatile for my blood. But I have to admit I am enjoying seeing Cronos shooting back up after Andrew Left went on CNBC and attempted to torpedo the stock with "fraud" allegations and his seat of the pants valuation of $3.50 a share. What made this particularly egregious IMO was that he had just taken a huge short position in Cronos and I was pretty surprised CNBC gave him a platform to try and enhance his position. Since his appearance Cronos has rebounded about 30%.
CNBC did have the Cronos CEO on today and he made a lot of sense in explaining his company's strategy and was quite measured in what he said about Andrew Left.
CNBC did have the Cronos CEO on today and he made a lot of sense in explaining his company's strategy and was quite measured in what he said about Andrew Left.