Bots Inc (BTZI)

[dude iligence]

MJV I haven't lost any money on MCIG I initially bought 200k shares MCIG at .12's it went to .14 and couldn't go higher. I sold 100k shares flat at .12 and invested the 12k in UGAZ and turned that into $24k while my other 100k shares of MCIG fell down to .07 worth about $7k. I sold the UGAZ for 100% gain and held the shares of MCIG. On Dec 31, 2013 in the last hour of trading last day of the year someone unloaded shares. MCIG fell from .16 to .09. I was standing by picking up 100k shares. I sold those 200k shares at .37. MCIG then dropped to .27. When it broke out above .40 resistance level I bought back 1 mil shares I sold those last week when it couldn't break above .81 down to .64. Take gains while you have them before they turn into losses. MCIG hit a low of .49 today testing the .50 level I mentioned last week and this week. MCIG below the 50ma. 50ma at .58 that was support is now resistance. It may see a weak bounce up to test that resistance but there is more downside in the MJ stocks. MCIG levels below .49 from the chart. The .40 level is the most obvious level next it extends down to about .34-.35 below that level .27 then below that the 200ma .23. Those are the support levels for possible bounces. As far as freaking out I have no emotion trading stocks. I was a Steely Eyed Scrotum holder during the time MCIG was below .12 making money on UGAZ.

All the love and hope and positive stuff about MCIG won't matter during this correction in MJ stocks. It's only business and they are trimming the fat. When I get back in MCIG at a lower level I will make money on it again. Right now cash is king and play the bounces.

MCIG below the 50ma. 50ma at .58 that was support is now resistance.

http://stockcharts.com/freecharts/gallery.html?mcig

Ever hear of Roth Ira's no long or short term gains. You should get one. I don't know how many times I've seen or heard guys not sell because they were holding out for long term gains. By the time the 12months rolled around there was no gain and they were bagholding. I have sizable short term gains in my taxable account for 2014 which I plan on making larger. Would you turn down a $250k bonus at work to avoid taxes, sounds like it. Right now MCIG is down a whole bunch from .90's so there are a lot of guys that bought up there or didn't sell that lost all those gains. Markets can turn cold in a moment. The MJ stocks are headed for the 200ma just look at all the charts