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MTVX has life again?
$140 coming... GLTA
Unfortunate, but an isolated event cannot be transposed to the entire culture, at least for me. I worked for $TGT years ago when I was younger (additional income to support the fam); however, my experience was good overall - just hated the short hour shifts. Despite our experiences, similarities, and differences - the stores have been absolutely packed here in Florida. I’ve been an enormous consumer both in-store (several locations) and on-line.
Have a wonderful rest of the day and thank you for taking the time to share your opinion and experience.
Sent from phone...
LOL. Don’t believe that garbage from the Investor Relations of $ACB. They’ll say anything to justify the tactics of the dilution machine. Been saying for months now that $ACB is diluting (as many others have) with the continued issuance of shares. This makes things worse on investors, kills market cap, and diluted the % of holdings - enabling many to sell large blocks of shares without reporting, as required by the SEC.
Today was the largest DOW movement in history. Every sector was up today - yet markets are still down roughly 3600 points over the past 15 trading days (including today).
Cannabis stocks are day trades on short term volatility, at least for me, if I’m trading it. Right now I’m too focused on the best of breed stocks and taking advantage of the volatility swings up and down.
Have a great night and ensure to follow your trading plan
Sent from phone.
You're welcome bud! Going the extra mile to help someone find something or to help them better their understanding is always humbling.
Please take a look here to read the filings, etc. I wanted to make sure you know where you could find them.
Have a great rest of your day and Christmas holiday!!!
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001683541&owner=exclude&count=40&hidefilings=0
Acquisitions and public records/filings.
I’ve been a huge critic about the $6.00 area for months and have a lot of postings on the way down from the highs. Anyhow, I’ve posted bullishness as well on quick day trade entries and a few swing trades (not many though). I am not a fan of calling direction and predictions - I can only trade what the market provides and make immediate adjustments as necessary. Sometimes a trade is cut very short if it doesn’t act as expected and most times last a few minutes (until a short term reversal), but in markets without all this volatility (swing trades last a few days are my favorite). Right now... this intense volatility is golden for day traders because you can make very large profits just off the IV.
As for ACB I’m sidelines 100% on this stock.
Yes. Continued issuance is not good at all. ACB is operating like an OTC stock. I’m a fan of the company but not a long term investor. This has been a day trading stock for me since I sold my large holdings prior to the NYSE up-listing. They need to learn how the markets work, or the stock will not perform to expectations.
There are many stocks that have huge potential - not just cannabis - that have gone from $40+ down to $4 and they’ve remained that way for years. I just can’t have my money sitting in those holdings that never move - that’s just me. Everyone has to follow their business and trading plan.
Haven’t watched it much... 4.70 support then potential retest at $4.00. Chart is disgusting. More dilution...
Thank you kindly! Devastating before holidays.
Chart remains positive for ACB. Things are really beginning to heat up with Farm Bill.
Sent from phone...
Sorry for the late response. Thank you from our families heart!! Solid flight and exhausting day 1 of 4.
Glad to see the entry post off the 5.40/5.47 a few days ago is still holding strong. Chart is still looking solid. Always remember to scale out of profits and have stops established to protect profits and/or reduce losses.
Take care, as always!! My brotha z-hills.
~ Bill
Sent from phone...
Yes they are buddy boarding flight now, ttyl.
Thank you brotha. ACB looking good, since the entry mentioned few days ago and yesterday - not watching the action as much, but I’m comfortable with it. I’ll need to reassess tonight.
Left my boy in Florida, missing him already. Thanks again. Family is the most important thing in my life.
Have a safe and wonderful rest of your day!
Thank you, brotha!
Just a reminder to never take anything for granted and to hug those you love.
Not watching today; still in though.
Traveling out of state to bury my father-in-law.
Allow it to pullback a bit - don’t want to chase the high of day.
I really like the setup here. Keep the stop target with a close below 5.50 (just in case).
Yes. Taking large position here. Stop 5.40.
You're welcome. Cannabis sector will be on high alert, as the companies are now ideal for takeover targets and partnerships (as many already suspected); however, this $2.4 Billion investment makes it much more realistic.
Trading Floor news. I don't follow articles or tweets. There might be something out there; not sure. I'm sure CNBC will probably mention it at some point today.
Citron reported to cover shorting for loss. $CRON
Acquisition is successful.
Looking good off that entry!
Above 4.76 quick day trade (right stop), but still not enough for me to change my narrative.
Remain bearish; narrative remains. 5.40 is my line in the sand then 5.60 for now.
Gap Fill finally here... The 6.00 area was tremendous battleground area. The Futures Markets have been helping to drag down the major indices; however, ACB has been under intense dilution since October.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145003498
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144999915
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145004771
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145007871
Conference call at 8:30am ET today to discuss merger details.
Toll Free 1-877-407-9210
International 1-201-689-8049
Acquisition news bringing up the laggers. Keep an eye on the leader of the pack! Sector should bring in more FOMO (Fear Of Missing Out) buyers throughout all big board plays. $NBEV needs to break and hold $5.20 area.
Acquisition news bringing up the laggers. Keep an eye on the leader of the pack! Sector should bring in more FOMO (Fear Of Missing Out) buyers throughout all big board plays. $NBEV needs to break and hold $5.20 area.
Not big on following news articles as part of my trading plan, but figured some would love to read this.
"Denver-based New Age Beverages Corp. (Nasdaq: NBEV) acquired Utah-based Morinda Holdings for $85 million, company officials announced Monday. The deal, which is expected to close before Christmas, will allow the combined business to push its lineup of cannabis-infused drinks into Asian markets"
https://www.bizjournals.com/denver/news/2018/12/03/new-age-beverages-asia-cbd-drink.html?ana=yahoo&yptr=yahoo
You too buddy. NBEV been on my watchlist; narrative looks to change here in a few days as certain criteria develops. Short week but like what the time and price action the past few trading days. We’ll see how NBEV reacts to the resistance zone tomorrow.
Have a safe and wonderful evening.
$NIO: Lack of China news contribution; however, still bullish on $NIO with a strong buy conviction. $7.84 - $8.15 remain strong areas of supply.
$NBEV is on my breakout radar. Just needs a few more days.
Yes, I heard this before the pop and halt. Thank you. I've been buying it
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145200558
Cannabis back in play. Here comes the $6.00 line in the sand. I'll be buying at $6.00, if it breaks and holds with stop loss at 5.80.
CRON has been the strongest, as the others remain in correction territory. That proved to me that CRON carried the most volatility potential.
Thanks, but I'm good.
I don't follow Twitter
Trading Floor. News is not even out yet