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Explain how exactly I was wrong... I predicted an rsi reset to oversold from completely overbought. I predicted red correctly pre open yesterday. If .0035 holds as the bottom I'll be correct about setting a higher low. I think it's you who probably needs some chart school bud. As I said I sold at .0075 (avg .0009) because I accurately predicted the top of this run. Don't be salty because you're holding expensive shares and can't read techs....
Playing short or holding long, VPCO needs an rsi reset and consolidation. I sold short most of my position at .0075, and kept some to free ride with you longs. What goes up always comes down so don't be surprised by some red while we churn at higher lows
Possible cup and handle forming on the hourly chart. Was not worth holding through the holiday weekend but we will see if the pattern confirms on Tuesday. Happy weekend!
I don't think it'll be that bad, but the volume has dried up. Volume precedes price. No volume, no momentum. This run is over for now and i sold at .022. Good few days but pinkies run short and fall fast, so if I had to guess, you're more likely right in your prediction
Lol this stock is never green...ever
And as I explained.... The SEC only spoke on the company as a whole. Not it's individual members who may still be investigated. Ask PHOT if the actions of one person can place the whole company in danger.
Operative words in your statement: 'press release BY HEMP'.... The only ones who can confirm or deny involvement is the SEC. the first rule of investigation is not to announce what's going on behind the scenes as to not tip any of the guilty parties off. Sip sip sip that kool aid
Sound familiar?...'On April 10, 2014, the Securities and Exchange Commission temporarily suspended trading of Growlife as a result of "questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT's common stock.'
At least y'all have the lawsuit to look forward to
Keep drinking that kool aid
Why did PHOT get suspended? 'Suspicions of insider manipulations that had impact on the stocks price' who was guilty of this? Not the company itself but members if the board. The company still exists but those people do not. That's how this works. Individuals who are guilty will be singled out and dealt with, all the while PPS plummets. Tell yourself whatever you want
Investigations take time. If you don't think that the SEC is currently following up with each member of the BOD to see if, and when they have sold shares to possibly find a link to illegal insider activity you are delusional. Until the SEC speaks to the tune of 'no member of HEMP, nor the company's operations themselves over the last year, are subject to investigation' you are. It out of the woods.
Never bought this stock. CEO was arrested for drug trafficking prior to entering the legit business sphere. If I do buy it will be only for the purposes to flip. Don't marry these stocks bc they can go down in flames and take your life with it.
Really? So is that why PHOT was suspended and HEMP is in full on dump mode? Bc neither of them did anything wrong? Jeez be more oblivious
Nowhere in there is the SEC quoted as saying ' HEMP is not under investigation'. This is just more pump. PHOT said the same thing when they were suspended
Nope chart says it's going lower. Sub .04 on Monday
Needs more volume to keep running
Dead cat bounce just as I called before my post was deleted.
Don't hold this over the weekend if you are concerned for your money. Watch how the stock reacts today and then decide. I believe it will go red again, don't bet against an SEC suspension in favor of winning the lottery because the odds favor the former right now. GLTY
You can't sue for the 'value destruction' resulting from a crime one was a willing participant. Bruce is silent because speaking against the SEC would be akin to perjury for him. He's too busy building his legal defense to care about your PPS. Sell your shares here and liquidate your mj portfolios and wait for the next round of suspensions to hut before diving back in
Volume smaller than yesterday by 30 million. I expect more retrace tomorrow
Post the email please. Provide proof
800k at .0164
Common misconception. No such thing as 'locked shares' that prevent mms from borrowing. MMs can see stop losses as well as what bid is needed to undercut. They can borrow your shares without even touching them by taking advantage of stop losses or unreasonable sell prices. (If your ask is $1 that essentially makes you an ask-sitter and if your stop loss is lower that makes you part of a bid-whack)
Just like I called yesterday, all signs point to suspension
Have to answer your pm publicly don't have paid membership. I see a retrace to support at .0145 (30 minute chart) and possibly to 50 Sma at .014 (also on 30). It has bounced once already off of .0145 support. Let's see what happens
Agreed. I sold yesterday at .0172 near eod. Penny stocks don't hold gains, small spikes here and there that one can profit from
Supports already broken in the .016 area. Test of support at .015 will happen
Technicals have turned on the run. Retrace gappening
If we keep slapping the ask it will get better. Much. Not much resistance left to blue sky and the RSI on daily is still cold as ice
No but I will pick up a few when we test .0095 later today. Heck maybe I'll even get some lower then that
You're going to get all the 'cheapies' you want from this scam. Dump city
Gotta bust through resistance at .0165 then we will really be talking. Strong move today so far, glad I bought in yesterday
Finding nice support off of .015 50sma
Bouncing nicely off support at .0135 area. Once the early sellers bail she should keep going up!
I think in some cases the silver lining only happens for some. Ie Bruce is probably saying 'well the SEC may be suspending us, but at least we all cashed out' to himself and the BOD right now
My thoughts are that mentioning HEMP was a way of telling shareholders to get out as their involvement will not be good for PPS. Red today
In any event they are watching him under a microscope
The point is he sold at the height of the pumping scheme. And most CEOs (unless their company can't even pay their salary) hold their stock options for longer then 6 months after issue. This is just a pump and dump as the SEC labeled it. Plain and simple
Just because he filed publicly doesn't mean he was oblivious to what's going on. He got away with it because others were oblivious. If you don't have a problem with your CEO making cash off of your investment while the stock price plummets then that's your own issue. GL
Either is possible. I would like to think Bruce did not expressly pay to have the stock pumped but it is possible. Either way at the peak of the scheme he sold a gigantic chunk of shares, so in my mind he is no better than those that drove the price up because he walked away with a ton of this boards money