Yup pretty much a GIFT!!! Check this out TEAM TECHNO!!! -- $BABL should be fine IMO!
Everything is trading lower.... :(
In a devestating blow for the penny market, weed standout PHOT was halted today.
The ill effects of the halt are being seen across all weed penny stocks as ERBB, RFMK, MINE, SPLI, & GRNH are all trading lower.
What's worse, PHOT was trading $10-$20 million per day in volume, and that volume is likely going to take a huge loss once the stock resumes trading. That means there's a good chunk of dollars coming out of the penny market simply because of the PHOT halt.
So what are the ramifications? Well, for starters, I would expect a much less enthusiastic upside reaction in the weed names as we approach 4/20. Also, I would be very cautious about going overnight a stock for a gap play because you don't want to get stuck in a halt!
Moreover, you have to understand that the momo in the penny market for the last 6 months has been driven primarily by the weed stocks. With a major player like PHOT halted, it's likely we've seen the best momentum that we're going to for a while.
My expectation is that the penny market slows down as a result of this halt. In addition, we're coming up on the Summer months anyway, when the penny market always slows down.
What this all means is that it is time you start thinking about alternative strategies to make money when it comes to your trading.
That is why I am hosting a webinar tonight in which I'll explain some basic insights into options. This won't be an options strategy course or anything like that.
The goal of this webinar is to give you some information about options to help you decide if it is worth it for you to learn more about them.
Some topics I'll discuss:
1) Is it easy to learn and trade options effectively?
2) How much money I think you need to be able to trade options?
3) What do average gains and average losses look like?
4) Can you PDT options?
5) How can I get approved for options?
6) How easily can I get in and out of an option?
7) How often is there a really good move in an option?
8) Examples of option trades vs stock trades
And many more! I'll also take the time to answer any questions you may have.
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