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trickledownfacists

11/05/14 2:22 PM

#177611 RE: mayflyday #177610

It's called "sell the news"

DropLine

11/05/14 2:40 PM

#177613 RE: mayflyday #177610

First off... I've been closely following 420 related stocks, the sector and bought in late 2011 early 2012... I've only added to my MJ portfolio selling drips and drabs to book a little profit here and there that I roll into other MJ related plays...

I completely agree with your theory (though I am also not a conspiracy theorist)... I've been thinking the same for years... Any good 420 news is ALWAYS combated with bad news... Today it may be a halt by the SEC, tomorrow an investigation, these things always seem to be timed to perfection just when we get some traction. I also believe that those larger forces are at work here, media outlets, blogs, news & financial sites, adding damaging fuel to the fire! Basically anything that someone can express opinion, I believe they use as a tool to taint the viewpoint of the people that are on the fence or considering jumping in in some capacity.

All IMO!!...

kick69

11/05/14 6:36 PM

#177626 RE: mayflyday #177610

Anoter poster has it right - sell the news.... With all the good results (not counting Florida) its a good bet we start a nice little run starting tomorrow. IMO

Goodbuddy4863

11/05/14 11:34 PM

#177638 RE: mayflyday #177610

MJNA has yet to completely form the Head and Shoulders pattern.

Check this out and look closely:
https://finance.yahoo.com/echarts?s=MJNA+Interactive#

MJNA should start to go back up on December 22nd, 2014 and continue to rise in PPS thru April,2014.

I advise to sell then unless there is big news coming out such as massive profits[remind me of this in April of next year somebody].



Note;
Anybody seeing profits forthcoming in abundance in 2015?