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I've been flipping cgc now for gosh 4 or 5 years? I always buy major down trends. Am I worried? Not really. Haven't you seen me in this forum enough? lol Anyway I just sold my TSLA so I've got plenty of cheddar to throw at CGC. I'll keep loading slowly as she continues to dip. My honest opinion is this down trend will reverse soon enough. Let's check back in the spring shall we? Bought TSLA in low 200's liquidated in the 310's. It's all part of the game mate. I'm not convinced CGC's out for the count. So yah. I'll keep loading as she dips. I started loading a few months ago in the low 20's as I predicted. As of now I'm not inconveniently losing money although I am a little bit red.
Why not? I've made bank of TSLA multiple times. Same with CGC. Been flipping both of them for oh 4 or 5 years now. You don't think CGC is still a profitable trade?
It's been awhile. Anyone else been accumulating these teens? Sold my TSLA today to bring in some cash for next week.
Well I've set my auto buys up for the week and I'm about to head out into the wild. You guys have a good week! Hopefully she trades down a bit more and everything fills while I'm out bow hunting. See everyone Monday next week. Best of luck.
Got some great buys today. Very happy. Let's see how tomorrow goes.
Loaded more again. Done for the day. Let's see how she plays out.
Loaded more here.
Loaded more low 24's.
Loaded more this morning.
Loaded some here today.
Liquidated for a small profit. Expecting a red day. GL.
I need to learn how to trade options. I've been switching my focus from trading to studying real estate though. Getting ready to start acquiring property and build a portfolio.
Mmmmm. Now to sit back and wait for that profit. Best of luck all.
We are way oversold. Which is why I've been loading here for 2 weeks. Didn't get completely filled, but I definitely got a good chunk. Averaged in the 24s now.
Took a 10K stake in it at $29.00. Liquidated it at or around 100-105. Made handsome profit but regret the sell now.
I do not think you are making a poor choice in buying the calls. Charts way way way over sold. Whole sector is. I've been loading now since last week. Making a couple buys a day. Average now is low 25s. Will load more today. Getting low on that mula though now.
It is for me. I loaded more just a minute ago.
Lol I sold my singles back when it was high 50s. Like liquidated and bounced.
Set a few limit orders this morning in the 24s. Didn't quite fill yet. "(
I've bought at several different spots. Looking to continue loading into next week. From a charting perspective weve not got much lower to go. If we break through some of the key points accurately depicted by nowwhat then it will be time to worry. However I'm now betting on a reversal. Let's see how she plays. Of course I've been waiting for these prices now for a long time so I'm not bothered.
Depends on ones time frame. Now? No. Is it possible? Yes. Is it possible it goes to 12.50? Sure. That's the beauty of trading. Right now it could and likely will continue down. Hence buying in bits over time an accumulation phase. I place my faith in the company managing them now. I think long term we are going up short term down. I generally aim for around 50% in gains before I start unloading. But I am also a very patient trader. I doubt they will fail at least not in the near future, and I can for sure say weve definitely seen a major correction. Time will tale. I think 25 is a good place to start accumulating. At least I'm not worried about losing money that is.
I tend to buy multiple price points. I've started accumulating today. No trade is perfect, but I've waited since July for these prices as predicted. Now I've began loading. Initial small buy was 27.04 (yesterday), 26.10, and 25.62. Buys for the day are done. Will continue to load into tomorrow. If she keeps dipping I'll be averaging down into the dip. Again no trade is perfect, but I think weve reached a price worth the risk. I've lost money before. Its rare, but it does happen. I'd like to finish loading and sell within the next 3-4 months for 50 to 100% in gains. Best of luck!
Loaded more at 26.10US. Looking for them 25s.
Looks like them 25s will be here very soon.
Shes trying. That's for sure.
Looking for 28s to confirm.
No. Trip is set low 26s. I'd say we have a 50/50 chance. Possible quick flip today. Let's see how she plays.
There is a potential break out appearing on the charts this morning. Let's see what happens. Acquired some shares and setting stop losses now.
Which one is this?
The real question you have to ask is if she breaks through 25.00 what's next a free fall? The chart is flirting with danger in a big way. Theres a good chance to make good return here, but an equal chance just as well to hang. Best of luck.
I see us hitting between 25 and and 26.50s. (We've hit the upper of that prediction today. I agree the Canadian chart is more accurate, but I use the US. Tdameritrade here. Also in the US. I called this back in July. I do believe you were charting something similar then as well.
I'd say today marks an excellent buying opportunity except the chart is severely damaged at this point. We are breaking through low resistance points like they do not exist. Never imagined we'd revisit before legalization prices a third time. They've really messed up here.
And this is why I do not understand most folks here. Saying it's time to buy and if you are long you are safe when in fact we are hitting pre legalization prices a 3rd time 2 years after the fact. To me that's a huge red flag. If I was long I'd be worried.
I'm really surprised more people dont pay attention to your charts. You are pretty spot on. In fact for cgc when I'm doing my own charting I often compare ours. For the most part they've been pretty close. Keep up the good work Nowwhat2.
BUY BUY BUY. Pfft. Told ya back in July. Told us last week. Now I'm telling ya again. 25s comin. Bahahahaha.
Nah we didn't. Smart money is waiting for the chart to stabilize. Then smart money will load. Anything else is gambling. This days just started. An early push is/was expected.
Yah. Under normal circumstances I'd be loading right now. But I'm telling you it's about to go south in a big way. The TA is within the danger zone.
Dow just flipped red. Looks like we may not hold those losses from yesterday and more is in store. Watch out here.
Lol probably be green this time next year. Some of us choose to keep our cash liquid and buy to profit in days weeks months even. I don't generally hold a stock for a year. I flip it several times over in a year.
Just so we dont confuse this when I make calls its US not Canadian. Lol
It's totally true. Look if I agree to invest in your company and reserve the right to buy stocks at a certain price I am in effect saying I will give you a defined amount of money. If I then cancel that agreement and decide to buy your shares at a lower price I have in effect reduced the value of my overall investment into your company from your perspective, but increased mine. Now if the price is cheaper and I own more share that's great for me but bad for you the company. That is what constellation is doing.