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yup, I got some more on the dip
With The new administration a lot of people are going for renewable energy stocks, all well and good. however oil and gas are still not going away for a long time, and the price is going to steadily climb. Much higher than the 3 dollar gas we had before.
Not sure which ones will benefit the most but there will be much higher profits for these companies over the next 4 years
What they need to do is quit with the pie in the sky CBD crap.
What % of the population use that?
Want to make real money , get started on Hemps true potential,
Things that Most people use everyday, continuous day in day out usage items. Paper products, biodegradable hemp plastics, clothing, hempcrete, the whole laundry list of everyday items sustainable hemp can be used to make .
don't need to badmouth it. Just be patient, it will be back to a penny in a few weeks, and we'll be doing this again in a couple months. No need to rush it, I'll wait.
better file your Schedule 13D then lol
wow, Look at that after hours trading
well I bought it on purpose a couple months ago, and am up over 100%. Whats your point?
somebody snatching up shares
I have sold lots of shares. My core position continues to increase, but i bought some at .125 yesterday, sold them today at .195. My core shares are all paid for by flipping so even if it goes to zero no loss. You watch a stock long enough you get to know its rhythms. The core position is an investment , a combination of investment and trading seems to work for me.
As far as getting shares under the ASK. Patience, set a price and wait. If i don't get it i don't chase, there are other stocks. Have i missed some opportunities? sure, but i don't get stuck bag holding either. Don't get emotional about stocks, don't get caught up in the hype. set an entry and exit strategy and stick to it (or at least close to it).
May not work for everyone, but that is my philosophy and it works for me.
I keep a core amount , and trade a smaller amount on the swings you can have it both ways. I do this on a few of my stocks. make a little (or a lot sometimes) day to day and hold for the long term. works out very well. set my short term trade sells for last in first out for tax purposes to keep my long term steady.
Not scared, see this quite often, bottom drops just before news and run. somebody triggers stop limits , grabs cheap shares then its off to the races. Holding this long, might as well wait a bit more. Not getting mine.
sea weed, I don't think so, but algae , that's another story.
I don't agree with the much of the Green initiative. You can not force people to invent or use new technology. You create the environment to invent , tax breaks for research , possibly grants for promising tech. When things are cost effective and environmentally friendly people will use them. Without cost effective options it is doomed to fail.
What you do is up to you, but what i did is sold just enough to pay for my shares, now the rest are free and holding for much better.
not really. The amount of money i make is unlikely to increase much, but the amount of taxes i pay is extremely likely to increase.
and as i said this is Hemp which Trump already legalized 2 years ago so legalizing marijuana really has nothing to do with this stock. Now green initiatives , that's another story and could be very good for this particular stock.
except that anything you make will be eaten up by all the new taxes
and this is Hemp not Marijuana.
If by long term you mean over a year. then i am long term
whatever , just happy to add some on the dip
Congratulations, good timing tax wise lol
OK, maybe i wont nap till $, fun to watch but still not selling
If you look at the filings it looks like i\the insiders are dumping their shares
i'm taking a nap. wake me when we hit $ territory
I'm thinking first of the year.
New company, new year, new start?
50% sales growth forecast.
I really want to believe in this company but 50% growth on Zero is still Zero. Show me something other than Zero.
bid .1 ask .5
Guess We'll see how you like it when Biden changes the capital gains taxes and the government takes all your stock profits.
I could sell now and still make a (very small) profit, but i see a good upside, little downside and no immediate need for the money invested here. Not selling in the foreseeable future.
The one that has given me 100% return the last 2 weeks
Run forrest run
think this is getting ready to spike again
OBCN is now the ticker symbol in my account on charles schwab
Sold 1/8 of my shares at .0008, now i can sit back and enjoy the show because everything from here on out is pure Profit
just about to go over 1 billion volume
2021 looking good for OBCN
Glad i got some on the dip
Actually , if you are looking for a good dividend Energy ETF
I bought AMZA in my IRA account at $8.6 during the panic selling and some more at $16 later. It is around $21 right now, $46 pre covid and a very nice yield. Nice buy and forget investment.
But there may be better out there now. Have not looked for awhile
For a few years at least , oil prices will start falling as demand drops starting in about 5 years or so as alternate energy sources take over. There will always be a demand for oil but it will decrease at some point in the foreseeable future. Until then you are correct , its going to be a fun ride
No pointers really. I go by the seat of my pants really. Originally I bought KOS because they were a solid company that had been deeply oversold and under $1 so i could afford a large number of shares. but not genius or anything, Buying almost any decent company at the height of the pandemic panic selling would make a decent return. I was more proud of my BLNK warrents at $2 before it shot up. Mostly though i look for beat up stocks that i think will return for any number of reasons.
Took a core position 03/16/2020 for .70
sold half on 04/30/2020 for 1.62
Been flipping a here and there since then
topped up again 10/02/2020 for .947
probably sell half again just under 3
Maybe they can get on with what i originally looked at this stock for. Industrial Hemp. So many sustainable uses. I don't care about the small (in comparison) CBD market. The real money is in all the uses of industrial Hemp. Few use CBD, everyone uses toilet paper and paper towels. Bio-plastics could get rid of most the plastic pollution problem. Bio fuels . literally thousands of uses
wow 33% today