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Re: None

Friday, 02/01/2019 7:46:51 PM

Friday, February 01, 2019 7:46:51 PM

Post# of 71099
Though I don’t like to see the pps go down at market close on Fridays, I can understand the reasoning be hind the day traders selling off. True day traders have a discipline which they stick to, even selling when they make a profit during a single day sale of at the end of the day. That is a profit in hand, not the bush; they will buy back in the next day at the dip which is usably around 9 to 10am, if the stock looks good. It is a well established way of trading, they don’t make as much as a trader that holds over night or weekend if the stock keeps advancing, but they don’t louse as much when the stock turns down either. 90% of the time they will come out ahead. With NNRX though I think they are making a mistake, until there is new to the negative I can not see selling this stock. I do have a trailing stop lose on NNRX at 40%, which at this point will still leave me a profit, since my average cost is base on .0005. I have been in this stock for quite a long time, I had to cost average down to get to my current pps, and long before hemp was in the picture (7/2014). You have to get lucky some times; this appears to be my time.