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Re: edge post# 7630

Sunday, 03/16/2014 11:49:07 PM

Sunday, March 16, 2014 11:49:07 PM

Post# of 55179
You might be correct on the March Market selloff...for the GENERAL MARKET...(or black swan event), but those selloffs usually do not apply to microcap stocks (like XXII)which are not heavily invested (or even somewhat invested)in by the institutions and funds, or even index funds at this point, who use black boxes (algorithms) to buy and sell.

Right now XXII is owned by insiders, retail and to some extent, Sabbby...who may or may not have gone through their second liquidation this past week.

Perhaps better advice and bet (if you believe in what you are saying) to give to yourself is for you to short or buy puts the S&P and Dow in anticipation of your March Selloff of the indexes. To anticipate any individual microcap stock being sold off...since they are usually event driven and guided by their own fundamentals...may not be a valid assumption.

And by the way...TOBACCO is always a "safe haven" in general market "sell-offs"...and incorporated into algorithms....hummmm
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  • 1Y
  • 5Y
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