Blum Holdings Inc (BLMH)

[Blazing777]

What I said on Oct 28:


Blazing777 Friday, 10/28/16 05:47:54 AM
Re: A deleted message
Post # of 214144

Tradiing views are always changed depending on market.
Decisive mind in trading is very dangerous.

Technically, TRTC can go down to $0.36 or below anytime soon
while it can go up to $0.52 or above. Who knows? The claytrader?
Even 5-year-old trader can analyze the tecchnical analysis like claytrader does.
Resistance? Support? Every single resistance can be broke up while every single support can be collapsed in a second. That means nothing except market makers handle as if it works.

However, I personally believe it will suddenly go up based on the followings:
1. Long-term indicators show there is sufficient room upside.
2. Other companies in this industry do not complete the rallies yet.
3. Before earnings release, it would be difficult to simply go down.
4. Anyway, the results of votes on Nov do not come out yet.
5. Regardless of valuation, this company is the only one which actually produce revenue pertaining to 420.

Thus, there must be at least one big shooting upside which will last at least a week or longer.
This is the reason why it is really hard to maintain sell-short positions at this level.
Do not simply criticize others' view even though it is ridiculous from your viewpoints
because he or she might be far smarter than you.
No smart players honestly show to others what cards he got.
At the same time, you are not that smart to make money in this market.
The balance on your account always honestly tells you so.

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