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here is some food for thought..
10 mill vol day on our "downer" of a stock at .012 is actually $120K.
A day of 30 mill shares at .03 that's $900K
do you think your shares or my shares, or a few of the other players here will matter ?
I've seen this first hand on APRU few years back
Had a few million shares I bought at .0003
I rode them past a penny and it was the biggest one time payout from a penny stock ever for me.
My few mil shares didn't even make a dent, and believe me no matter how often I replay that in my head, there is no type of diamond hands that would have made me keep my shares all the way to .06 (and it went there!)
The moment you think it won't happen, it does, the moment you think it will, it doesn't (feels like the truman show)
We don't control the game, and we don't have to, just be smart enough to see it.
good luck bud
here are a few others to ponder
TLRY from 66 to 22's (66% drop)
CRON from 15s to 9 (40% drop)
CGC from 55s to 28 (40% drop)
LVVV from .04 to .012 (70% drop)
none of the others ran 500% so ... Keep your eyes on the prize and trust the process!
Stoch and RSI is turning back up on all MJ, if i'm right we'll be heading into wave 3 soon
I think hindsight being 20/20 everyone that says they bought in at .004 and sold at .04 are a bunch of liars.
The problem with playing it like that is you never get the bottom and if you don't get the top you end up chasing, just to see it fall under your buy back.
I believe with the other responder here saying this was NOT totally fueled by reddit hype.. maybe in part by people really liking higher returns than what the "big" market offered which lately has been almost a guaranteed double digit % return per year (unheard of thanks to the fed sending trillions into the market)
After the appetite widens, and you end up making 100's of % gains, you tend to jump into whatever's "hot"
MJ has been HOT, and I don't believe legalization will sustain prices either. It'll be very much buy the rumor, sell the news type thing.
Just like a few years back MJ plays were multi baggers just to come down to earth to realize not everyone and their dog is smoking a pound of weed a day... and the overproduction caught up with many.
In the end the plan (at least for me) is to sit and wait for a buyout, and it will happen. If these guys can come up with a good plan and don't artificially push through hoops we'll be in buyout shape in no time.
Big players don't have the time and patience to start from scratch, they'll waste 10x the money instead of buying into an already established venture. Everyone waits 90 days for license approval, no matter if you're CGC APHA or LVVV.. 90 days sounds so much less than it actually is - if you don't want to take my word for it, mark it in your calendar and see how fast that comes... takes patience as you well know.
Everyone needs to plan for their end game. What would you do if you owned 50% of a company that has everything ready? Ride out the yearly revs and sell 1% of stock you own every year? sure sounds good, but it's not feasible without killing the share price. Owner's goal has to be a big pay day - that's what we all think of .... no?
what is your end game?
I think the run a few weeks back was due to a very hot otc weed market. The good thing is the ask got bought up like hot cakes and now we’re way thinner than before.
When news hits any day now we’ll easily get back to that .04 level and if we pass it it’s going to moon!
LVVV License news imminent!
LVVV going to test last highs soon
Well done!
we'll see it move soon enough - license alone will take this back to a dime .
Volume means there is interest, methinks there might be something lurking here
CDEL must be covering cause even if trades go off the ask he’s pushing price down tic tok tic tok best to cover soon!
Great post, only add here is it’s better we get the license before federal law change, one is gas the other is the rocket ship
BMSPF vol growing - ask is so thin this can get to .05 with just a few mil shares
BMSPF bid building - another one of these multi baggers in the making?
Here_Today - most people don't see that incredible opportunity just yet, that allows us to pick up every share available before that becomes common knowledge.
And when it does - oh boy sky really is the limit!
Wouldn’t it be great if weed was the cure to covid? LOL
agreed! Red to Green lesssgooo!
Picked up 500k shares today
Red to green coming imo
All MJ plays taking a breather today, consolidate and run shortly
If a bloated pig MJNA can get to high teens, methinks we can get to .10 before any consolidation
Go LVVV!
LVVV - gonna get jiggy
The Cali cannabis market is heating up and we have some momentum: CalCannabis completed their Administrative Review of our Cultivation License. And now we’re in the Scientific Review process. Then it’s off to the License Mgr. & Final Review.
— LiveWire Ergogenics (@livewireLVVV) February 10, 2021
We’re jumping through all the hoops. pic.twitter.com/YQPW7gTh6o
no stopping this train now
when the license is granted we fly to .10+
i'm starting to believe we could actually go to dollar$!
man, if there is a buyout in the works, watch out !
slicin through like buttah!
If this is being shorted watch out!!
Wallstreetbets would have a field day!
Our time will come, we’re just going through the same time warp as 2000 dot com boom.
Light is pointed at LVVV and it will shine bright. Tick tock
Are you guys noticing that everything is going through the roof? I have dogs from years ago making me $$ and there are no stories to them.
LVVV has amazing potential, I’m actually very surprised we’re not at a nickel yet.
When a pos stock can run from .0001 to .01 in a week, I have a feeling .08 might be too low of a target here.
Thoughts?
Buying has come back, now that RSI cooled down we're ready for the next leg up.
Holding for .08+!
This is so thin it's unreal, what happens after .0097?
does it go to multi pennies in a matter of minutes?
well timed post :)
get your popcorn ready
BAM! lol
about ready to roll!
OTC is hot right now, LVVV has a great story.
If you marry these 2 together, you'll soon realize that .08 from 3 years ago is the equivalent to .80 in this market.
Hoping we don't stop until about .08 as first leg, by summer i'd like to think we hit .50+
go LVVV!
mentioned LVVV a week ago @.006 - this thing is ready to lift off!
LVVV finally moving, looking forward to next week
LVVV moving!
Picked up 24s
APRU gap filled, time for next leg!
You got it! Now it’s time to let er rip!!!
Looking for 4s eod
Was that close enough for a gap fill?
Time to run methinks
Click on my name, go back to page 10, see the year
it's been one of my best performers of all time.
Good thing with this stock is that it's never a 1 day show.
In fact last time i played this from trips all the way to pennies in 2018
This time will be no different
GLTA
.01 will be just a small step!
Couldn't have asked for a stronger close.
If you guys haven't clued in yet, 125Mil+ vol isn't folks on ihub
What a RUSH!
ain't seen nothing yet!
APRU Breaking out!!