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Re: JohnCM post# 270

Friday, 11/02/2018 1:07:09 PM

Friday, November 02, 2018 1:07:09 PM

Post# of 1951
John, I can't respond via PM because I am not yet a paying member of this fine establishment so I don't have that feature. If I find myself wanting to post more than the allowed 3 per day or desire some of the other features of being a paying member I may shell out a few bucks and sign up but at this stage I think it would probably serve me better to mostly keep my mouth shut and learn more by reading other people's posts than spend a lot of time typing too many of my own...LOL.

Anyway, here's goes my 3rd and final post of the day! Gonna be some profit-taking and no doubt some ballsy shorting of Origin House at these levels but will be interesting to watch what it does over the next few days and weeks after this big runup since Oct 30th. As you know I like to swing trade these stocks so usually I'm out when we have a nice gain (like we do right now!) but I may treat this one a little differently, I dunno. It probably has gotten a little ahead of itself at the moment but looks strong overall and has a real bright future IMO so while I may still be in and out of this one at times I will probably be more biased toward a longer-term hold and might sometimes be buying on the dips rather than selling into strength...or perhaps a little of both depending on what I think may be best at the time.

BTW, be advised that our broker does indeed offer trailing stops on OTC stocks so that was one thing you were worried about should you ever decide to try swing trading yourself. Think we might try it out on ORHOF in the not-too-distant future but if we do get kicked out we likely won't be out of it for long because methinks Lustig & Gang are gonna rock & roll on the West Coast. Much more potential for solid appreciation on the US-based pot stocks than the Canadian ones, I believe, so have been biasing my investing/speculating a little more towards the American operators lately. I hated iAnthus before they acquired my MPX but that merger changed my opinion of them assuming the deal goes through in January...so we've indirectly bought them lately using MPX as a proxy and get it at a very nice discount before the swap. Hadley Ford is one sharp CEO as Origin House's Lustig is and a company's management will be crucial in determining which few of these MJ companies will thrive and which will dive...which IMO will be a large majority of them. There's maybe 2 or 3 other US-based companies I've had on my watch list for a while but these are the two I've been trading so far of the companies operating in the States. So far, so good.

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