That was one of the funniest things I've read on HC for a long time!
'Don't freak out, I suspect a lot of this dumping of shares in a rush to get out is being done by a company director'
...if that's the explanation designed to allay fears, what can one rationally say?
As I've said of other AEB ventures, an industry can be big but still have individual companies in them fail. The medical marijuana industry is in a hype right now. This will end up being justified or not, but either way, there are many companies to choose from, so why on Earth would anyone choose AEB?
We've all heard the story, 'When the guy shining your shoes gives you a stock investment tip it's time to quickly sell'. I'm hearing regular folks talk about how good MM stocks are at the moment. Perhaps this case will not follow the normal pattern, but according to what usually happens, MM is looking toppy, and if MM as a whole takes a tumble, I think we all know what will happen to AEB; even in the boom it has collapsed to its all time low.
AEB Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held