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I check into this board periodically. Sold this one for a small loss with the possibility of buying back in at some point. Last post was July 7th? I suppose that sums it up.
I posted on another board that I track about 15 MJ stocks and over the past 30 days, all are red except two of them during this time frame. Some of them red for longer than that. Maybe it's the time period, I don't know, but the sector as a whole is not doing well right now. I'm hopeful that the fall months see a good run in this sector.
If it makes any difference, I track the price per share for about 15 MJ stocks and over the past 30 days, all are red during that time frame with the exception of two. Not that it deserves an excuse here, but the MJ sector, shall we say, is not lighting it up right now. I'm still in - I've considered selling, but I'm not selling anything else, so yeah, I'm still here...physically.
Considering doing the same, but I'm going to take a hit.
Claytrader post on 6/20. It's a good bet the next day the share price is a red day. Sure enough. 6/21 ended red. I'm tired of seeing it actually.
Top 50 in both Breakout and Most Read boards. Welcome new investors!
Who is selling this stock? Please post your rationale.
I guess I have to consider accumulating more in the morning. Ridiculous.
So, my order at .0121 executed after hanging out there for quite awhile. Thought I was done here. Oh well, just accumulated to my total. Long on Kona. Hang in there guys and gals.
Where does this bottom? Will the June 7 vote have any impact on this one?
Oh my, Go VKTX. Go!
Saw the slideshow in a press release that came out on 5/25. Why the 4-day skid in share price?
Okay, now that the House vote failed, is there a date certain for when the Senate brings the Farm Bill up for vote? I'm hearing May, but when? I'm surprised on the red days...unless this is the calm before it revs up.
I was actually thinking on way to work to buy more if it hits $5.00. But, it's the worst performing stock in my portfolio for a reason. I suppose I need to be persuaded because after all, for months on end this board has recommended "buy on the dips". Tell me why.
Already at 50% of its 65 day avg volume within first hour of trading. Excellent.
Earnings report comes out tomorrow. Anyone have crystal ball on this?
Loaded some more this morning. Very confident in this one. Let's go VATE.
Just checking to see if anyone was still around. I got into this one too late. You live and learn. Not sure where this bottoms. Holding until end of year at minimum.
Quiet board. Anyone still here?
Just saw a few ads across my FB feed. That's promising. Go KG.
Added shares back at $5.90 on that dip looking nice at this point...
Added shares at 5.90. Not a lot just some. I'm betting long term here. No guts no glory.
I'm with Luho. Long time horizon here. If it goes subpenny, oh well. This one is on the shelf. I'll keep monitoring from afar. Patience.
I'm way long on this. Let's see how things play out to end of year. I'm patient.
Thanks for the post Daystar. Interesting Canopy not discussed.
This isn't the only stock that has declined this month. The entire sector is getting hammered.
This is a tough one to figure out. Thought we were heading in the right direction when it hit $1.14 on 3/16. If it’s profit-takers from that, then we may be headed for some resistance levels. Usually bounces from the .08’s. I don’t have a large position, so I don’t have a strong incentive to sell.
I agree. This one is getting out of hand. The market as a whole is bad right now, but seriously, I didn’t image this would hit the low $4’s. At this rate, this stock will not be able to wait until end of summer for the boost up. In any event, I lifted by stop loss and plan to ride it out from here. Come on VKTX.
Nice finish to the week. Keep it going EYES.
What does this open at tomorrow? Any guesses?
First time post here. Maybe I'm breaking the tension but this vote reminds me of the movie, Trading Places where the traders on the floor were waiting for the orange crop report.
Order filled at .016 for one final grab at additional shares. So, that's it.
Let's go KGKG. Do me proud.
Was looking at this. Ready to put my order through and received an "estimated foreign fee" for $50 in addition to my usual $4.95 per trade fee. I was like, never mind. Anybody else get this through their account broker? I've purchased Canadian MJ stocks before and didn't receive this fee. Canceled my order until I get some further information.
This is a copy and paste right off my ticket sheet in regards to the fees.
Estimated Commission $4.95
Estimated Foreign Settlement Fee $50.00
Linkvest, responding to your post in response to mine earlier today. I have not posted on prior boards that I've not been able to purchase a particular stock because my broker has blocked the trade. This was the first time.
I earnestly would have liked to place a trade this morning but cannot push it through. I went in and just tried again and for proof, this is the message I've received.
Error:(TC9050) Opening transactions for Caveat Emptor are not permitted because of the risks associated with these securities and all Microcap securities.
So, there you have it.
I might have to look into another trading account and thanks to all for your advice.
I tried to place an order on this stock this morning but my account broker will not allow me to push the trade through. I've been trading through one of the prominent ones out there for OTC. What trading outfit is recommended for this type of security, if the one I've been using has blocked it? Thanks...
Anyone care to comment on the new lows today? Financial results posted at 4:30 pm yesterday. Looks like profit takers getting out. Just got into this one, too. Now, I had to put a stop loss in. Just great.
I've been watching this one, as it's made a couple of lists on best stocks to buy. Somewhat of a concern on the low volume, but took a shot at it and my order executed. Not sure whether to go long on it? I get the sense a lot of you are long. I like what I am seeing.
I put a buy order in yesterday at $8 to add more shares thinking I can out-smart this decline. Well, shorters, panic sellers and market manipulators can have their day now. I am holding my shares as well as my other MJ stocks. It's ridiculous to think this BS is going to shake me out. Not happening.
Irrespective of the latest posts, the entire MJ sector has been down and continues to fall. Not looking good for short term. Lots of red. People have to stop selling and look long. This is getting highly troublesome.
Did some research. Some outfit downgraded to neutral two days ago. Not sure why it took to today to go down as low as it did. I sense I might get shook out of this one. Hope not but we'll see.
Why is this hitting new lows?