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Thursday, April 11, 2013 10:48:01 AM
You have to realize this above and beyond all, yesterdays highs were 100% gains for most people who bought at the end of last week! Coupled with the pumpers that came in strong last friday, this was bound to happen. I'd say we consist here of at least 50% pumpers and flippers, well as far as actual people that hold these funds. Last run up we stalled in the .005-.006 area this time since the low was higher at .0039 instead of .0027 this is where we stall before we break .01. No pumper here just telling it how it is. To confirm check my monday and tuesday posts, I was saying we test .0055 for sure before we break past the ma of .0068. Unloaded monday at a average of .0065 and layered orders tuesday at .0055-.0058. IMHO this is one of the stronger marijuanasectorstocks out there. And this is the only one who really gets affected by holders announcement. As this is the only real Recreational Marijuana stock. And That is what this movement is really about, legalization and taxation! Not medical mj and decriminalization! Though Medical mj will be a important part of medical society in the next 5-10years, active legislation doesn't change the current stipulations tor its true inter workings.
Those are my honest thoughts! Good Luck!
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