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Re: JohnCM post# 215

Saturday, 10/20/2018 3:18:37 PM

Saturday, October 20, 2018 3:18:37 PM

Post# of 1951
Same back at you, John. I've enjoyed reading many of your posts these last 6 weeks or so while I was lurking and climbing the MJ sector learning curve so keep 'em coming.

I generally don't trust stock analysts as far as I can throw them with their constant "BUY!" squawking and pie-in-the-sky price targets but I kinda like this Russell Stanley fellow...

https://www.cantechletter.com/2018/02/canntrust-holdings-has-88-upside-echelon-wealth-partners-says/

Here's a video of him back in late August briefly discussing what I just mentioned in my previous post among other things...the possibility of eventual big money rotation from overpriced Canadian stocks into undervalued US ones...



If that should happen it would almost certainly bode well for some of the often-ignored smaller cap US-based players, I should think.

Regarding not being able to place stop losses on OTC stocks that is certainly a downside which requires a little more attention to daily price fluctuations than I would prefer but swing trading is still not nearly as hectic or stressful as day trading and much more suitable to my own temperament. Should the MJ sector begin to downtrend instead of trading sideways I may have to sit it out on the sidelines without such protection being available. And even if it was I'd probably still sit out anyway because making money by going long in a bear market requires impeccable timing and I ain't that good!

Well, there's my 3 free posts for the day so have a good one.

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