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Marijuana Investors Lost $23.3B in Penny Stocks Last Year
- byoung2 12y agoIn 2014, pot companies had the most drastic ups and downs for penny stocks A missed opportunity to use the phrase "highs and lows"
- wclax04 12y ago$23.3B up in smoke?
- realsimoburns 12y agoDot-com era, more like dot-bong era!
- lbradstreet 12y agoI'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.