American Green Inc (ERBB)

[Jimmygot smarty]

ERBB update to all that are in long.

1st) A/S is way to high, 1.2 billion, highest in the mmj market.
2nd) ERBB has just come off a yearly high (LOL, I said High).
3rd) All their news is quite frankly, useless towards profit.

For the newbies that dont get it, there is no way a stock with over a billion A/S in the sub penny market will ever move higher than a few pennies, and if it does it wont stay there for more than a day or two before the pps falls again. If you dont believe me research it. Compare ERBB to companies in the same market with lower A/S's, you'll see companies with the low a/s have moved up and held their pps because the first simple rule of business, supply vs. demand. What holds it down is with that many shares, day traders, long AND short, can profit 10 to 20 percent all day long on it keeping the price down. And when news comes out, because news draws fresh meat, then their profits then can range up into the 100's of percents before they dump their shares or short it and the price goes crashing. These message boards are poison to rookie trader minds and fuel for the experienced day trader.

A few rules to follow for rookie investors:
Make sure the company is real. Call, drive buy, order something they sell... etc.... dont look at a chat room.
Stick to companies with very low A/S, say 50 mil to 250 mil.
Never buy right after a yearly high.
Never buy off of crappy news just because its news.
Never chace the price to get in.
Never cancel sell orders because you "have hope", get out when you can.

Most important, these message boards are poison!

Im only posting here to help any rookie that is reading here looking for good info, hint: there is none!

I broke everyone of my rules because I fell in love with this stock. Now im losing money and moving on.

To follow this posting, there will be day traders laughing at this post, saying im a basher, or trying to convince you with what ever ERBB solicitations they can so you hold your shares and/or buy more..... just remember, you can take a lion out of the jungle but you cant take the jungle out of a lion..... day traders are the kings in this jungle.