WeWork is seeking a bailout. So, if a company is worth billions before IPO and worth nothing when the IPO fails, the capital markets are clearly broken. And since $REAL, $JMIA, $FTCH, $CRWD, $PTON, $SDC, $FSLY are not worth anything, extend that thought to cannabis stocks. $CTST, new low. BK and delisting expected. $TLRY – dog and an easy short that paid off. $CGC, $CRON, $ACB might be the only survivors. $CGC, Canopy Growth Corporation / H1 $ACB, Aurora Cannabis Inc. / H1 $CRON, Cronos Group Inc. Common Share / H1 When will you buy the cannabis dip? Or never? Canopy divested its AusCann stake. It is now liquidating and selling assets instead of blindly buying anything. Constellation ($STZ) demands of it. $APHA bottomed? No true rebound until 2020 at the earliest. US-China trade war truce – sell on the news? The market is already approaching ATH – all-time highs. Buy when there is a dip, if it ever comes. Gold to $1,500 next. $GLD, SPDR Gold Trust / H1 The post-IPO rout continues. See $BYND. $100 next. $BBBY Peak? Buy more puts. $BBBY, Bed Bath & Beyond Inc. / H1 What are you buying and selling? The big trade deal is a non-event. China will buy more Ag(riculture) but US took 2 steps back to get there.