InvestorsHub Logo
Followers 32
Posts 1570
Boards Moderated 0
Alias Born 09/19/2008

Re: Psychodad1620 post# 44495

Thursday, 01/09/2014 9:52:23 PM

Thursday, January 09, 2014 9:52:23 PM

Post# of 120628
If you look at today's charts for PHOT, TRT$ and GRN#, you'll notice that they all began dropping at the same time (2PM), at about the same rate, the same % and almost to the same bottom. PHOT and TRT$ both topped at about .45 and both bottomed at about .25 Some other stocks in the sector were little affected. That and the rumors that there was a warning of a sell-off 30 minutes before it happened says it was all probably orchestrated. However, this should have been expected given the big run-up in the last two days - aren't we back where we opened on Tues? These woods are full of profiteers...the enormous euphoria that drove this sector after the Colo opening, the Cuomo NY announcement and all the media coverage set this up for a big fall. You had to know it was coming, just not when or how much. The three issues mentioned above are darlings of the MJ sector and are heavily traded, this targeted them for the takedown. We will go back up, but not as quickly. There's too much to like here and much of the excitment is over. Hang on, you'll make money. This is what I THINK, not what I KNOW, keep that in mind.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PHOT News