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.
HotStockAce, can you address the fact that this company has zero revenue?
Also, I have a friend that lives in China and says piracy and illegal downloading is so ubiquitous there that it would be near impossible for any paid subscription TV service to work. Where do you stand on this huge barrier to entry?
Yes it does. Makes sense too. People play some of the riskier stuff to gain back what they lost.
And if they drop 50% you can damn well bet I will buy all of them. Easy money when the momo comes back
This looks ready to explode
HUGE NEWS that they are moving to CO. Takes much of the red tape away for them to sell edibles.
Agreed. I love the fact that a well known name like Shane McMahon is on board. Could easily see this hitting $8 in the near future.
$65 by end of week easily
Good point. I'm just annoyed I could have got in far lower had I waited a half hour. It's very frustrating.
Down 18% already
Yea including my dumb ass
I didn't sell yet, and I probably won't. Just discouraging to buy something upon your recommendation and see it drop 14% in 20 minutes.
Entire sector is bricking today. Watching and ready to load
LATF long
I'm sure the SEC jumps on every email that claims a penny stock could be suspicious...
The PR today was light. Quarterly numbers are what matters. This holds after every dip. You're crazy to be in and out so fast.
You must have no patience lol wow. I'm up 175% in 3 weeks. This is far from a POS. It will open green again tomorrow just like it has been for a while now.
Yes point taken. But last year it wasn't sub penny. Gives it more space to catch fire especially with the MJ sector exploding like it has been
Yes it holds very well for a sub penny. Ever since I bought it's been trending up with minimal PR, just volume
With the super low entry point and the sector going crazy, no brainer to buy and hold IMO
Relax. I've been following this stock for 3 weeks and I'm up 150%+. This is not dropping yet, just going through the motions because there's lots of flippers.
When quarterly revenue is released a nice run will come. Look how it flew almost exactly a year ago.
Nice things coming your way if you hold LATF, just be patient.
Stock is up 175% in two weeks
Starting to look very good. Wouldn't be surprised if break out is on the way.
Yup. LATF ready to explode this week. Only MJ stock with actual revenue b/c of their seafood division
LATF has been traded publicly for 5 years now. If what you say is true wouldn't they have been delisted already?
Look Rich, it's sub penny. We know what we're getting into. I'd be lying if I said this is the next Betty Crocker. But it's an easy opportunity to buy in and sell out at 100%+ profit. Isn't that the name of the game?
Fair enough. Good luck!
Yes the bill is amazing for the hemp industry. HEMP Inc. on the other hand is just a thin diluted penny stock with no revenue and a felon CEO. Big difference.
Again I have no problem with people flipping this one but long term potential is equivalent to a lottery ticket.
Low teens, single digits and another huge run in a few months
The bill isn't as historical as the cheerleaders are making it out to be. It allowing hemp production for RESEARCH purposes. Not retail sales.
Don't be a victim of the hype machine here. HEMP will run again but stick a fork in it for now.
Yup same here. On this one I'd rather play it safe. Looks cooked right now.
GLTA
I did. And I also see it dropping like a stone right now.
Don't get me wrong, it's possible this will rip again next week or whatever. But I'd rather take a small loss and move on.
There are better plays out there right now, especially in the MJ sector.
You are right, it may not go back down to single digits. But to me risk outweighs reward at this point. It went too high too soon.
I am planning to jump back in but don't want to ride it all the way down. Would rather get out now and sit on the sidelines.
Good luck
I'm selling this one and taking a small loss. Tried to ride the wave up and got in too late. Oh well. On to the next pot play.
If this bricks back to single digit range I will jump back in
GLTA
Legalization in CO and WA on Jan 1st was a foregone conclusion. The MJ sector still exploded on January 1st
It's not the news, it's the publicity that matters.
Loaded at .1802 here :)
Loading right now. You'd be stupid not to. Run is coming, it's just a matter of when.
Yes because it ran up like crazy the last few days. Simple correction. Not a bad sign, just what was expected.
It will hit 45 cents before it's back down to 9. Way too much momentum and news coming on this one.
If you're waiting for the 9-10 cents range, that's at least a few weeks away. Will it drop back down there, probably yes at some point. But big runs are coming first. Until then I don't see this going under 16, at the very lowest.
Don't worry about the dip. Investors are just playing hot potato. It bricks, people catch it on the way down and we see huge gains again by Monday or Tuesday.
Still a great short term play, just don't expect to see much positive action today
Consolidation tomorrow is highly unlikely. This will have some legs and rip for the next couple of days. Tomorrow .013 peak, conservative estimate
I bet dollars to donuts the correction will be short lived. These MJ stocks have been defying gravity. When one bus of traders leaves the next one pulls up.
Something tells me this sector will be on fire for the rest of the month, and not really slow down until March. Way too many eyes.
I could see this playing out similarly to MJNA... nice runs and decent pull backs. Gets up in the 30 cent range and stays there for a couple weeks. After that is anybody's guess.
Just my opinion of course
Agreed, these MJ plays do not follow typical chart mechanics.