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Actually ABC-7.com is legit a TV station in Florida, but they reprint Newswire.com PRs which you can buy for a few bucks and apparently Newswire.com doesn’t vet them.
Not only a fake, but an incompetent fake. Smh.
This is fake news. Tread carefully and don’t FOMO. TLPY looks very solid, but don’t let some fake news PR first dump on your FOMO and then sour you on TLPY altogether. They want to dump on you and then buy back lower than current PPS in the panic. Don’t succumb. Just accumulate and wait for the real news.
Bullish falling wedge on CANB: https://www.tradingview.com/chart/CANB/s2o7tJiu-CANB-falling-wedge/
I like the bullish falling wedge that's been pointed out on TV: https://www.tradingview.com/chart/CANB/s2o7tJiu-CANB-falling-wedge/
China knew how to hit Trump where it hurt: his farming base. I live in a farming state and these tariffs on crop exports have not been kind to prices. That's one thing I emphasized in my letter to my Congresscritters encouraging full Hemp/CBD legalization in the Farm Bill is that they better start delivering for farmers, their base. And that Hemp is a piece of good news for all us farmers.
Enormous green candle
Boiler: "Here come cheapies!"
Lots of buying into close, very happy we're looking to close above 1.4
If it does, this is gonna get real fun. Nothing better than the smell of short rocket fuel in the morning.
I really like the support CANB is building at 5.41 (2x wick) and 6.14 (candle body x2 + 1 wick) these past two days. We've found a temporary bottom for this correction/consolidation. Time will tell whether it holds, but it's looking like it will. These levels confirm the ones created on 3 Jan 2018.
Got another 150k at 5.4, but have bids stacked down to 4 cents between here and there just in case. GLTA and Viva la CBD!
Hemp cultivation is being legalized at the end of the month in the Farm Bill and CBD is being rescheduled by the DEA or maybe even totally descheduled.
Because they were confused about the catalysts and timelines
Guys, it is critically important to write your Senators and Representative asking them to support the Hemp legalization aspect of the Farm Bill and also ask to include legislative full CBD descheduling for DEA to fully develop hemp market demand. Mention farmers hit hard by tariffs need this good news if your Congressperson is Republican and omit if Democrat.
Guys, it is critically important to write your Senators and Representative asking them to support the Hemp legalization aspect of the Farm Bill and also ask to include legislative full CBD descheduling for DEA to fully develop hemp market demand. Mention farmers hit hard by tariffs need this good news if your Congressperson is Republican and omit if Democrat.
Less foolish than 2x'ing portfolio and then losing all that paper profit because you can't call the top.
Remember a large portion of folks here do not have your best interests at heart. (Do not even trust that I do. It's easy to warn of other scams in order to build credibility for one's own play.) This is a place to glean info, but it is not a place to learn smart trading. Much of this bad advice is not being followed by the givers of it.
This is not good advice for 99% of us. Unless you have enough capital to move the whole market AND you know exactly what you're doing, you should not be doing this 95% of the time. Most of us should be setting bids above support and letting panic sellers sell to us. This is too early for MJ to go parabolic. Maybe once all the retail noobs come in then we slap an ask or two to help CANB along, but don't waste your money now doing it
It's this nutso spam game between pumpers and dumpers. Sad.
Yup, I have ladder of bids down to 1 cent from my 1.5 sales proceeds.
LOD is 5.42 and my bid's at 5.4, of course, lol.
Exactly. Know your support levels and trade with a plan and the volatility is a huge gift. I made very nice bank this morning with bids set days ago.
Lol, good one. Call his bluff. From $1 to scam in a few days. Anyone who has such a rapid change of heart should not be listened to. Pumper and dumper. Hype and doom. No serious DD. Truth is he has posted nothing to indicate scam even though he thinks it is fait accompli.
One of the most important lessons I've learned in trading, especially for high risk, high reward, volatile assets is to always trade with a plan. Have a core position moon bag that might be 70% of my position accumulated through bids at low prices. The other 30% take profit on every spike and then roll that back into buying the dips. This allows volatility to work for you, not against you. Volatility then lowers your cost basis over time. The fact that I have my 70% bag that I won't sell until the price is much higher keeps me from FOMOing and chasing and buying 12s and 10s (in this scenario). Always have a plan. Extra points if you have a plan that loves dips.
Filling my ladder of bids nicely. I feel lucky, I got into CANB late. I do think we could see 4 cents today, but I have higher bids because nothing is certain. Could bounce hard and high any moment.
I really like the healthy consolidation here, resetting RSI and Stoch. Also I see a relatively high volume of support being formed here in the 6.8 to 7.2 range. On the other hand, if we don't form/find support in the 6.3 to 7.2 range (we've bounced twice off the 6.3 area), we have serious downside to the strong support in the 3.8-4 cents range, though there is some decent support in the 5-5.4 cent range from longer ago.
Hopefully VATE makes a double-bottom and higher low on the hourly at open.
Volume precedes price. And after breaking out of a falling wedge, consolidation just above that resistance is extremely healthy: https://www.tradingview.com/chart/KGKG/cK8DM4RI-KGKG-breakout-falling-wedge-consolidation-ready-to-run/
Please remember to write your Senators and Representative in support of the Hemp provisions in the Farm Bill. I'm lucky my Kansas Senator Roberts is Chairman of the Agricultural Committee and my Rep. is on a relevant committee as well, but no matter who your congressmen are, please email them. It makes a real difference. Here's my letter, though be sure to write your own.
Dear Senator Roberts:
It is extremely important to me that the upcoming Farm Bill include full Hemp legalization and full CBD descheduling by the DEA.
Hemp would be an incredible boon to our farmers (of which my father is one) in the midst of a lot of negative economic reprecussions from Trump's Trade War.
It also is a far more environmentally friendly alternative to cotton, especially important to Kansas farmers with perrenial water troubles and frustrated with herbicicide and pesticide overuse and drift. (Hemp reduces use of all three.)
Finally, CBD has been shown to be very healthy with numerous health benefits. It has no intoxicating effects and is absurdly mischeduled just because it comes from marijuana and hemp both, ignoring that hemp has no THC. CBD should be completely descheduled as a drug by the farm bill and placed alongside caffeine.
For these three reasons, hemp/CBD should be fully legalized and unrestricted by the Farm Bill to create the greatest possible market for hemp cultivation for American farmers. In a Republican world filled with gloomy news for farmer supporters, this would be a welcome bit of news that costs ZERO in Federal funding to accomplish and actually saves the government money by ceasing enforcement of really bad laws. Removing these sorts of nonesense nanny-state laws from the books is precisely what Trump campaigned on.
Thank you for your consideration!
-[PlainsInvestor]
Please remember to write your Senators and Representative in support of the Hemp provisions in the Farm Bill. I'm lucky my Kansas Senator Roberts is Chairman of the Agricultural Committee and my Rep. is on a relevant committee as well, but no matter who your congressmen are, please email them. It makes a real difference. Here's my letter, though be sure to write your own.
Dear Senator Roberts:
It is extremely important to me that the upcoming Farm Bill include full Hemp legalization and full CBD descheduling by the DEA.
Hemp would be an incredible boon to our farmers (of which my father is one) in the midst of a lot of negative economic reprecussions from Trump's Trade War.
It also is a far more environmentally friendly alternative to cotton, especially important to Kansas farmers with perrenial water troubles and frustrated with herbicicide and pesticide overuse and drift. (Hemp reduces use of all three.)
Finally, CBD has been shown to be very healthy with numerous health benefits. It has no intoxicating effects and is absurdly mischeduled just because it comes from marijuana and hemp both, ignoring that hemp has no THC. CBD should be completely descheduled as a drug by the farm bill and placed alongside caffeine.
For these three reasons, hemp/CBD should be fully legalized and unrestricted by the Farm Bill to create the greatest possible market for hemp cultivation for American farmers. In a Republican world filled with gloomy news for farmer supporters, this would be a welcome bit of news that costs ZERO in Federal funding to accomplish and actually saves the government money by ceasing enforcement of really bad laws. Removing these sorts of nonesense nanny-state laws from the books is precisely what Trump campaigned on.
Thank you for your consideration!
-[PlainsInvestor]
Sounds like words that are very purposefully non-specific and subjective as to avoid being definitively proven wrong
I understand your pessimism given the fact that you choose not to buy a stock for $0.000001 that you could sell for $0.039. If you would not take that profitable a trade, it stands to reason that you would be pessimistic on SIPC. Good luck with that thinking.
Yup, very healthy all around. Plus I sure didn't mind selling some 10s and buying 8s to replace and then adding to my stack at 6s and 7s.
It's funny how folks in both crypto and penny stocks don't realize that that's literally what a market maker does: has shares on the bid and ask at the same time, providing liquidity to both buyers and sellers.
Yes, sometimes the MM seeks to move the market, but the primary way they make money is by harvesting the bid/ask spread. It's easy money with very little risk. Manipulating prices around to suit your profit motive is extremely risky and difficult profit.
Lol, this was so brazen you made me double-check the chart to make sure I wasn't getting charts mixed up. Yes, actually $AGTK is the only MJ chart I'm following that has a strong, consistent upward trend channel. Everything else is erratic and all over the place, spiking up and down. AGTK has a strong, well-defined, orderly upward trend in a channel.
True. If you're a millionaire who can keep buying.
Then stop watching the price. The worst thing you can do at this stage is let your emotions make trading decisions. Set a pyramid of buys below current price and an inverted pyramid of sells above current price and fuggedaboutit.
Well put. Anyone who is overly hyper or overly gloomy is likely saying what they are saying cynically to get you to make a bad move to benefit them. There are no sure things in price movements and even less so the smaller the time frame. There are always competing factors that could be weighted differently based on things beyond our control or knowledge.
Boiler is so busy trolling so many tickets, it's easy to get confused.