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Marijuana Investors Lost $23.3B in Penny Stocks Last Year

9 pointsby wclax04about 10 years ago

3 comments

lbradstreetabout 10 years ago
I'm skeptical of the total loss quoted. If a stock drops from 2B to 0.3B market cap, it doesn't necessarily mean that investors lost 1.7B in the pump and dump. For that to happen 100% of the shares would have had to have traded hands. The remaining investors would have been there for the ride up as well as the ride back down.
byoung2about 10 years ago
<i>In 2014, pot companies had the most drastic ups and downs for penny stocks</i><p>A missed opportunity to use the phrase &quot;highs and lows&quot;
评论 #9115793 未加载
realsimoburnsabout 10 years ago
Dot-com era, more like dot-bong era!