InvestorsHub Logo

89x

Followers 3
Posts 398
Boards Moderated 0
Alias Born 10/14/2016

89x

Re: None

Sunday, 11/13/2016 12:10:23 AM

Sunday, November 13, 2016 12:10:23 AM

Post# of 43528
Monday I am expecting a gap up for MCOA because it ran up all the way until the closing bell. Please no one harass me but I believe we are most likely seeing a bounce in a large consolidation period. MCOA got very cheap around .026 and it was bought up for the whole day which may continue next week for a day or two. But...I also think overall the MJ sector has been so gassed up that the "sell the news" damage has not fully been realized. I believe the MJ is up for a large boom again in December or January when shops open and laws go into effect as the media will be spreading the word. I am saying all of this because my account was over doubled early last week and I got caught up in the selling frenzy. I went to sell out and re-buy Thursday and I lost more and more. Stupid me >,< I came out even and embarrassed with myself. My personal opinion may not be right but with this post I am warning people to have AN EXIT STRATEGY. Hopefully I can help others exit their positions before incurring large losses like me. If you are a long term holder I believe you will most likely be okay depending on when you bought in and which companies. GLTA