American Green Inc (ERBB)

[Commoditytrader87]

Ya for sure , it's same across the sector .. Not all of course but more or less most I am tracking are trading around the 200 Dma , all above as well or bounced once . No worries on jp I guess why give out your secrets . Something interesting for anyone on here check out the characteristics of a bubble market chart , type that into google and you will see the life cycle a bubble market and interesting enough it looks like 90 percent of pot stocks . I had the same plan as jp to diversify over the sector or throw sh*t at the wall and see what sticks but I guess they can better allocate capital across a sector than I can . Great play while volatility and volume were there ... Now not so much . But there are some big big winners that will transpire in this sector but I'm thinking now that the easy money has been taken out , much much more diligence across the average investor to figure what' is a respectable p/e , what should sector eps look like , b/s strength etc etc. I do like the companies potential. But seeing some quarterly results/Progress reports and quite frankly weeding out which companies are scams and which aren't. There wil be long term institutional money come into this sector no question , but that's required reliable results and even then still doesn't guarantee half these stocks will trade in the next 10 Years to we're they traded in feb/mar given the sickening amount of shares they have outstanding . What everyone should remember is a stock is a representation of the free cash flows a firm will generate on a per share basis (perceived) combined witj a typical weighting on performance by a p/e for the sector . 0therwise your trading a bubble and who knows of this bubble has burst but if you got in during march when the rest of the general public I can tell you that is what we in the trading world see as the perfect time to get out . Happy searching folks but this could be a long term beauty . Cheers glta