“For those investing only in the public markets, we are clearly in a period of downward momentum and investors may want to wait until weaker sentiment drives a bottom in prices. Shares have been falling with general sentiment in the market, especially for momentum names, but have met challenges of their own as well. The Securities & Exchange Commission halted shares of GrowLife (PHOT) on Thursday as a part of its larger investigation into the industry. The trading halt follows another in late March for shares of Advanced Cannabis Solutions (CANN). The stock has since resumed trading but fell nearly 40% on the first day.”
http://www.thedailybell.com/market-commentary/35216/Marijuana-Sector-Update–April-14th-2014/
Related posts:
Reddit co-founder: Tech companies can help fight NSA snooping
U.S. Police Have Officially Killed 400 People in 2015
Grooveshark co-founder Josh Greenberg found dead at 28
The government calls for more subprime lending—then prosecutes it
CertusBank Ex-Execs, Ousted Over Lavish Expenses, Now Suing
Western Digital self-encrypting hard drives riddled with security flaws
President Obama: Reject Warnings of Tyranny
$200 to set up a lemonade stand in Illinois is 'insane': senator
Study: Public Transit Cannot Succeed Without Punishing Drivers
PC Shipments Post the Steepest Decline Ever in a Single Quarter
California Entrepreneurs And Angels Socked With Absurd Retroactive Tax
This Hated Sector Will Surprise Everyone in 2014
3D Printed Guns (Documentary)
BIS Demands Global Depression?
Regulating 23andMe to Death Won’t Stop New Age of Genetic Testing