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Monday, March 24, 2014 10:19:27 PM
Was? You mean it "is possible to make a lot of money here!" There's absolutely no question about it. Technicals and fundamentals are bleeding dollar signs here. All we need is just a good green day and momo could easily return. This company is so much better in so many ways than PHOT it's stupid. I made my money in PHOT. Now my money is here. The share structure, the companies products and recent non toxic spiral financing convinced me. The chart breakout on volume and then a retracement on lighter volume is a precursor to a retest of the old Jan. $1.20 high at some point.
What many fail to see or realize is the consolidation phase of any breakout stock. This is a breakout stock. Price and volume do not lie. They mark the trail for the next run. Problem with consolidation is people's nerves and their inability to recognize what's going on with a consolidating stock. Each stock consolidates differently almost like each person thinks differently. Stocks and people are different so it's never easy to predict what each may do or not do. Waiting becomes a valuable asset. It could mean the difference between big losses and huge gains. To wait though, one must not be afraid of his holdings. Know your stock and feel secure in the fact that eventually it has to turn on fundamentals or other reasons you believe in. How do you think Warren Buffet has made all his money? He knows his investments and sticks with them through down-turns.
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