$CRON Close Encounters of the Six Kind

6 Feb 2020

CRON

Don't mind picking this up around $6. Been trading sideways since the beginning of November, but has traded around $6 six times since February of 2018. 6 for 6 at $6. Too many sixes if you know what I mean. So does it go for a 7th time? I'll sell naked puts at $6 until then.

21 Mar 2020

Trade aktif

Still in this one. I know it has troubles with the SEC for accounting purposes, but I believe it will be fine at the end of the day. One of the only industries to be considered "essential" and allowed to do business in states that implemented a lockdown on businesses. Stories about lines forming in Canada for cannibis. We may see a spike in earnings during the next couple of quarters where other businesses will see declines. $6 level is acting as resistance for now.