Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
But it's not like the legalization of alcohol- it's already legal in certain states- you can't bank the money, with no steady sign of being able to anytime soon, barring some penny stocks that say they have an active plan to solve that problem, lol.
Alcohol makes almost anyone some social goon- pretty much no matter what mood you're in- alcohol will make you think you have it all figured out and you're on top of the world- alcohol appeals to both the stupid and the intelligent- it's more fitting for the human race as a whole, while marijuana has been building a taboo stigma all these years- it's finally coming out of the dark, but still the countries divided on it.
I think that legalization in vegas is a good start because ppl come from all over to go to vegas and if weed is gaining acceptance there ppl are most likely going to accept it after time, 'hey I had some weed in Vegas, that stuff isn't too bad'
People are creatures of influence and habit.
There's much much more work to do to legalize this fully- I think that alcohol was more readily accepted- marijuana is a battle still.
Alcohol is legal practically all over the world- marijuana not even close. We can't just nationally legalize it without acceptance from other countries too as it would affect trade and shipping and travel just to name a few. We already have one party drug- that's alcohol- and unless marijuana is a part if your life and you use it enough to understand the difference between it and alcohol ppl will still just keep reaching for a drink.
It's going to take a few age brackets to die off before Mj is accepted on a national level- that's just my opinion but I am backing it up with facts- and these are just a few- there are many many more that support full legalization not happening anytime soon.
I also dont see medical progressing until a new delivery system besides smoking becomes viable and offers the variety smoking cannabis does.
How are we going to say, okay this plant is medically good for you- but you can only smoke it- and smoking anything is medically harmful for you----just doesn't make sense-
Nationally legal will not happen anytime at all soon- it would basically be saying that anyone over 21 in any state can possess marijuana- that means that ppl could buy it on the street and sell it on the street- there would really be no way to tell who's possessing to sell smoke, save, it would blur almost any and every existing marijuana law in various ways-
Some states are willing to take the chance, but most aren't and probably won't be for more than a few years-
Which states then are the biggies.
I guess more of a reason to buy CBD
stocks- there really is no 'medical marijuana' yet-
We just say 'medical mariajuana'
to get one of those little cards.
Oh my damn back hurts!
The problem with medical marijuana is that as long as it's smoked it will always be 'medical marijuana' blah blah, there needs to be a way to deliver cannabis to the bloodstream without smoking it for it to REALLY be 'medical marijuana'
Perfecting, or even finding an accurate delivery system besides smoking could take years, a big hurdle is that smoking it may have medical benefits that can't be replicated except through smoking it-
medical marijuana is itself a catch 22.
They must be*
I'm on homeboy phone apparently....
Are there really drys longs? They be masochists of so, lol.
And some say that TA doesn't matter.
Sorry for those that sold, but buying volume and hammer candles don't usually show up on a chart eod unless good things are coming the next.
Was gonna do the same but might not get there- let's see
Motherf'er!
Shoulda got more sleep last night.
Meant to sell at 2.75 but bought more- f'in rookie mistake- son of a!
Should have gotten out at 1.32-
Saw it and stayed looking for 1.44- 12$ loss- thankful that's all.
I don't think it's done yet- still a lot of pressure here.
Eh, maybe not
Got a feeling it goes up more
Thank you-
I guess I should just keep certain observations to myself then/ that's fine.
Whatever makes you feel better- why would I care either way- I said I like trading this stock- I don't mind this board- I haven't lost a drys trade yet- this one maybe----but I'm not hurt over it if so....
It ain't milk money- I don't really know how much money iHub has- nothing is ever all iHub money/
Same
Definitely pop over 7 if chap 11 called off.
Hmm, over 7? Not sure- entry tricky, looked like it was gonna break upward and did- but....nicely done-
One armed push ups are only good if you have one arm? Pot stocks are only good if they sell pot? CBD doesn't turn heads the way mj does?
We'll see how this next year goes- maybe MJNA will be holding 15 cents or 20 by then.
Very well put.
I agree also with a squeeze at 6$ to push it 12.
I don't see a quick spike either- things are different now.
Sorry, I meant 1.76 area, from the gap left on 8/10-8/11, I think if it revisits 2.75 area and even manages to go lower ppl will sell not knowing what's going on- might then revisit 1.76 area (previous gap)
I'll check out the YouTube tonight on the 786 fib- that's new to me.
.786 would be very nice- I'll be really really surprised if we see that though- I have bids in 2.76 .2.78 range though
I pay attention only to share count- that other side you mention is too business for me- I'm not going long here- I trade them- how it's trading is all that matters to me.
My TD says 31.55 mill on share count.
I bought at 3.14 with profits because I wanted to be holding some in case it did something crazy like shoot way the heck up- better than buying at 5 a share or more- I don't think we'll see reverse split again any time soon and I can't see it going lower than 2.75- but what do I know?
I would wait- I should have waited before buying my last not- personally, I think it's gonna hang here for a while- may drop slightly- just my opinion.
That's when trading on my phone anyway- I use TOS- none for on phone- so on my phone I trade live 5 min candle, and RSI- from TD platform- if the stock is moving fast enough with enough volume it's fine- I've been trading drys all off my phone- because I'm always out- 4 out of 5 successful so far- my last grade bought at 3.14 thinking it might be close to a new floor- not sure how holding
You don't have to guess which way a consolidation pattern will break- I watch and see for when the bid and ask swap back and forth aggressively, say between 1.13-1.14, 1.13-1.14 etc...then if it breaks upward 1.15-1.16, 1.20- that's when I buy- then let the volume determine how far and how long the stock can be traded from there....
My logic being that if ppl were holding many shares below 10 they wouldn't be accumulating and selling up a few 10th of a cent ticks- but I don't know- only been doing this for about 4 yrs- first 2-3 years are pretty much learning by doing- not trying to sound like a guru.
Traders and manipulation broke the backs of what were the beautiful charts of MJNA and AXIM-
I wonder if many are holding any shares much below .10- anymore-
Probably not-
I'm not seeing anything all that great- looks like a lot of hesitation, back and forth stroking etc...if anyone does know what's going on it doesn't look to great- can't really drop down tho-
Wait until Monday or sell- that's the question in my mind.
Probably won't move until that stops----whenever that is..,.hmm maybe November, Januaryish?
Looks like someone loads em up around 10, 101 then sells them off at 103 or 102 for a quickish 001 002 gain- been goin' on forever now
I had some shares already- bought more at 3.14- then sold the block I was holding- average now straight 3.14.
Thought that was floor until the drop to 2.90 area- held the 3.14 anyway-
Actually I take that back- trading action was alright- see what tomorrow brings.
Agreed- I didn't sell because it was so quiet- hard to judge- trading action I didn't think looked good
Holding 3.14 (milk money)