Penny Stock Soldiers (OTC tradeable tickers)/Momentum Plays

[ThePennyDoctor]

Just found out that PHOT got halted Thursday - that is brutal. The pot stocks were of course all scams, but they had great runs. PHOT was arguably the flagship of the group, usually the heaviest traded anyway. With the other pot stock halts (CANN, PTOG, etc.), it is clear now if it was not already that a pot stock should not be held over night. Hopefully the SEC does not halt any other OTC non-pot tickers in the short-term or the OTC will be basically ruined.

On a side note, I made money on CANN post-halt day one and am really looking forward to PHOT post halt day 1. PHOT has a huge trading following. It should open super low (at least a 90% discount), but I think it will get to an 80% discount at some point during day 1. This is of course a very high risk trade on the greys, but I have done will with these in the past and will try again. I would not suggest others trade the greys unless they have experience with them.