Totally Hemp Crazy (OTCMKTS:THCZ) Takes A Step Back

Totally Hemp Crazy (OTCMKTS:THCZ) lost 10.26% of its market value yesterday, as the hype that had gripped investors after its latest PR started to subside.

This turn of events was in no way unpredictable or unexpected. After all, ever since the start of the marijuana rush of 2014, it has become a regular thing for pot-stocks to surge with violent volatility upon the release of new praise or PR, only to lose altitude once the hype said event created starts to dissipate.

True, the claims and predictions THCZ made in its latest piece of PR were truly impressive. A few months ago, nobody would have predicted that the company will be able to manufacture such quantities of its flagship products, or aspire to up-list to the OTCQB.

Still, this latest step down is a logical outcome of the situation for one simple reason – the boastful announcements were just words veiled in forward-looking statements. They were not backed by any sort of hard evidence that the company is actually progressing as fast as it claims.

This automatically meant that said press release would never manage to create anything but a bubble of hype – and we all know what the inevitable fate of such bubbles is.

Long story short – the gains made in the wake of the company’s latest press release were non-retainable, due to the uncertain nature of the information it presented.

This is not to say that THCZ is necessarily a bad stock to own or trade – investors may well make a lot of money out of this ticker, as its volatility is unquestionable and a crafty and careful trader could certainly use that to his advantage.

However, investors should make no mistake – trading THCZ is an extremely risky endeavor, precisely because the ticker is so heavily hype-driven.