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Re: StocksnScott post# 62504

Friday, 07/31/2015 6:03:20 PM

Friday, July 31, 2015 6:03:20 PM

Post# of 112680
@stocks hey sorry to hear that. heres a great example of basically the same scenario just a diffrent company ticker symbol "XXII" if it helps you to relax i still have all my shares of xxii at a 3+$ loss a share @1400 shares my personal investing i like to hold my stocks to the grave as i am long term not a in 2 days out in 3 investor i love companies with no revenues to build a foundation for my portfolio most investors put the foundation on well developed stocks with revenue i hate doing that with MCIG i can tell you i have had this stock most of my shares @.185 and i have continued to average down the company is growing there hiring and yea little revenue but i like the news flow and i like new product developement its been said alot that starting companies dont make squat for years great example is apple stock or steve jobs started apple in the 1990 or 80's but his company didn't take off for many many years he spent countless funds and hours on product developement and he finally created something so good he founded a company thats infact the top dog it took almost his whole life to get there but he did it so i encourage you to maybe decide if in 2 days or out 3 is really your type of investing if it is maybe use options? and get some really good trading software but me i like to hold my positions adding down average down my personal opinion is this stock is a good company great deleopements but MJ is still a really really young area of the economy that has been in black markets for a very long long time and its just now becoming a real market and so i ecourage you to research and be patient as 2016 could be a big year elections and legalization but until the market and states open up to this new venture i dont and i belive wont see any returns this is a gamble for this sector if freely smoking isn't legal in enough states medical will be so thats my alternative investing choice for this sector good luck be positive have fun relax add down average down. i was at .125 average im down to .0808 going to wait here and add if we go lower thats my .04cents.