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Tuesday, 12/12/2017 12:35:58 AM

Tuesday, December 12, 2017 12:35:58 AM

Post# of 8110
Sooner or later day traders{flippers}will come to the realization that
you can make a whole lot more $$ by holding than flipping, this is usually the case when you have these 6 elements in place [1]A viable Co. with a sought after product. [2]Good management that cares about its investors. [3]A limited # of avilable shares. [4]An up & coming Industry with very large potential{the right industry @ the right time}. [5]A renewable resource that is being consumed & re-purchased over & over. [6]Last but not least, this product{recreational MJ} falls into the "sin" category{ie. booze, drugs, sex, gambling & rock n' roll} which throughout history, have shown themselves to be resistant to economic downturns. The medicinal side, will of course always have its patients, especially with "baby boomers" forming such a large section of the economic landscape. I have seen Co's like GBLX go from a $1 to $20,30 or $50 practically overnight{GWPH,ABBV,ACBFF some random examples}{especially in the MJ space}, changes are-a-coming. GLTA Play it as you see it.
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