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In December, I discussed the Monty Hall Problem where psychology, Technical Analysis, and a strong understanding of probability are used to manipulate people (in our case investors) away from one position and into a position that favors the manipulator. The most common tactic is to speak with authority about pending doom and gloom of some company’s share price while simultaneously offering one or two other companies that are about to see their share prices ramp up. The manipulator could be shorting the stock they are sour on while also owning shares of the stock that they are promoting. As for whether or not the Monty Hall Problem surfaced during this? A post on a popular investment board stated “looking for somewhere to dump that CBW money …” and provided another company the poster on that board claimed was about to do well.
Trading in KWFLF was halted on May 23, 2017; therefore, the share price of May 22, 2017 (May 19th for Canada a May 22nd was a statutory holiday in Canada) was used as the news from the 23rd could have influenced the share price once trading resumed. A comparison also to the change in the index as measured by marijuanaindex.com as well as the change in the share price of HMMJ (World’s first ETF and often referenced as an industry benchmark or index) follows: