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Alias Born 02/12/2014

Re: Happymathtutor post# 31462

Sunday, 02/16/2014 5:20:56 AM

Sunday, February 16, 2014 5:20:56 AM

Post# of 122024
Now ive been learning as well, but what you need to understand is the points at which you were referencing were much lower bodies of currency. In relation to where they were previously surely shows a 600% growth, but where it stands now, it likely will not see that much of a climb, at least not before it dips once more. My guess, and its a guess, but i think its a good one....is somebody in the company is buying up HUUUUGE amounts of shares in hope of making people like us jump in when we see 600% growth, but as you can see they sell those shares off once people or investors feed into the bs (hence going to .34 and immediately back to .15), then they sell off the shares in mass amount, decreasing their value because the demand is lower now that there are more shares on the market. Even if it broke the resistance around .18/.19 cents this week (realistically the resistance is like, 17.89) then even if it doubled, its going to take an upward movement of 18 cents to see 100%. The only reason the growth was 600% or so is because of how low the stock was valued. Now it is gaining a bit of momentum, but its not going anywhere. Its going to prompt people to either hold or sell (i personally sold) and i predict it will dip to sub .15 because if you look at the troughs for the last few days, the body price of the stock hasnt gone anywhere. I'm surprised the volatility of HEMP is not higher rated than 230...still pretty unpredictable at this point. BTW, the amount of people selling the stock this weekend (ask/size) compared to the amount of people buying after hours (bid/size) was 22:1. I predict that stock is going to drop tuesday morning. I will personally be looking to buy on wednesday morning or tuesday night, but certainly not right now. Patience is definitely the most valuable thing you can master along with alysis in this game. GLTA tho!