Top up CGC
Monday I sold 50% of my CGC holding at 5.788 and yesterday after Trump won the US presidential election and at the same time Florida did not pass the vote on legalizing canobis. CGC price dropped more than 20%. However yesterday 4 states voted and 1 state did pass, which was Alabama. Furthermore, CGC earning call is this Friday PreMarket. I think CGC should be able to move up again. Even Trump won the election, Trump did say he supports the legalization of canobis. So I bought back the 50% again and top up some more now that price had dropped back. Not sure if this can shoot higher from tomorrow’s earning call. Taking a chance here.
Cheers
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Retailers must include gold in their portfolio during rate cut cycle and economic slowdown. Consider NEM, GDX, GLD, GDXJ
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