InvestorsHub Logo
Followers 16
Posts 1346
Boards Moderated 0
Alias Born 07/04/2017

Re: PotterBanker post# 138

Sunday, 01/14/2018 3:58:12 PM

Sunday, January 14, 2018 3:58:12 PM

Post# of 658
Hey Swipe there's no doubt about it in regards to the mania involved with all the mj stocks, and some buyers would have to be crazy to not take some profits especially if they bought in the pennies, I know as with most its a difficult decision to sell if you think they will go alot higher, that being said people have to know that the market will go up and down for many different reasons.
I have read alot of your posts so I know you know your stuff, but the world at large hasn't even started to get involved in this monumental occasion, When ever in the history of the market has an illegal industry been tradeable, governments have probably spent trillions over the decades fighting this and now the cats out of the bag...So some trading fundamentals are out the window at this point regarding valuations and share dilution.
I think we all should take money off the table at times and when we get to the end of the mania hopefully we will all being playing with the houses money at that point.
The real question at this point is where will these companies be come end of the year, will the good ones all double, tripple or has the whole year already been priced in?...who knows I hope so.
The one thing I do know, is this is a once in a blue moon occasion and I'm pretty sure most of us are going all in!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.