American Green Inc (ERBB)

[nopancakemix]

A Lot of Stalwart Longs Here
Keep in mind that ERBB is not like some of the other MJ equities that boomed in past years. ERBB has yet to have its run up absent a few pops here and there. CB!S was at .21 in 2012 and then crashed back to .01. Similarly MJN@ had a boom from .02 to .50 in February 2013 buy proceeded to pullback to .09 throughout the rest of the year.

ERBB has yet to experience those booms. There have been a few pops but above .03 is only recently charted waters. Many of us have already taken realized gains and are still sitting on large positions that are up more than 2000% from 3 months ago. Therefore ERBB has some strong handed longs. If a buying frenzy ensues, it's important to remember despite the large outstanding share count, many of those shares are locked up tightly.

As I have been posting, last week I reinvested some of the realized profits back into ERBB at .0242-.0275. These shares will be held until .10 at which point I will reevaluate the trade. Right now it's all about the machines.

Bullish
Selling 10% of my holdings at .10
Selling 20% of my holdings at .20

Bearish
Selling 50% of my holdings at .015 (still a substantial gain with previously realized profits paying for the position and then some)
Buying 100% of halved holdings from .005-.0075

That's about where I'm at.