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Monday, July 10, 2017 10:55:15 AM
We are trading less than one multiple of that and I keep getting PM's about the "you know who" stock to go and buy it at over 10X market cap? Guys, I love you all, but i'm not "investing" in a penny stock at double digit multiples when I can get 10% bumps everyday on Nividia, Tesla, Netflix and other stocks from "tradeideas" on the big board daily. I get in and out EASILY with large, very large dollar amounts maximizing my gains and am usually done by 0930 daily... this am it was 0855 when I made my daily quota.
On the stock we are getting bombarded with PM's about, I cannot buy-in the amount I want without suffering slippage and I couldn't sell a large amount without slippage on the way down. I will trade that stock like I do all stocks (except this). When it runs', i'll buy, when it stops or I reach my gain quota - i'll sell, it's simply not a buy and hold for me. No disrespect to those that love it, but some of us just are not in love.
This stock is all MJ. They are reporting. Market cap less than $1.8M and it will shoot up on website news and marketing campaign to even, then double digit multiples too. Many investors here who hang on will be the recipient of 10, 20, 30 bags. That's the stock I want to "invest" in. That's why I post here. I left here before because messages kept getting deleted and other "funny business"... I really hope that is all behind us! More positive posts were deleted over the weekend (one that I responded to in my last post), I really don't understand what is going on but would very much like for it to stop.
Today we opened with a 1000 share (about $30) sale well under market. Someone is trying to get in and that's ok. That stuff I understand, let's at least keep the board clean and centered on UAMM/CANNAXA...there is more than enough hype on the other boards for us to just leave it there.
THANK YOU.
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