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Re: Crusen post# 74131

Tuesday, 09/16/2014 12:25:51 PM

Tuesday, September 16, 2014 12:25:51 PM

Post# of 290030
In general, yes, you are correct in assessing that volume increase coupled with downward price action is a bad thing. This applies when a stock is experiencing relatively normal ups and downs. However, when a downward trend has been in effect for months with consistent volume, as a stock searches for a bottom to bounce off of, a volume increase signals a bottom, or a close proximity to the bottom. Also, looking at the buys/sells today, there are a lot more buys than we've typically been seeing during this plunge. The two highest volume days since the end of June are September 11th and, if the rest of the day stays true to form, today. Even 'turds' don't go down forever. In penny land, all 'turds' float eventually. Given the state of the mj sector, your interest in said sector, and TRTC's viability as a company in relative terms to other mj stocks, it seems you should be able to see the value either here in the low 20's or in the mid to upper teens. Which mj plays are you a fan of at their current levels?