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Re: None

Saturday, 03/29/2014 3:57:13 PM

Saturday, March 29, 2014 3:57:13 PM

Post# of 41521
EXMT I've managed to work this stock for free shares. If I had the available funds, I would consider buying more, although there are also several other good mj stocks under going consolidation right now. I have no reason to sell, and I am also expecting new money to be pumped into the sector after tax season is done and Washington State goes live. Then I'll decide if I want to keep EXMT as an investment stock or cut and run. We shall see.

IMO - as far as entry points, I use a simple 2 block strategy: I buy in where I feel comfortable and determine (in my case guess) where the support and resistant levels are, if it breaks support, I evaluate and either dump or average done. If it breaks resistance then I buy the second block expecting a big run. If said run happens - 100 to 200% - I sell the percentage to get get my initial back and ride the free shares (does wonders for the sanity, that and P*OT) And because you got your initial capital back, you can repeat the process. I have free shares in EXMT and four other mj stocks. This works for me, I'm not good enough yet and don't yet have the time to really follow and buy dips and sell rips - so this one or two time buy and one time sell strategy works because you only make two or three orders, so you are not intraday trading but rather weekly trading. And don't get caught up in missed opportunity, baseball averages can make you bank. GLTA I have high hopes here!