Replies to post #19308 on EVIO Inc (EVIO)

[User-65225]

I have spent many hours researching MJ pennies and even tho SGBY is not perfect, it is possibly the best one. The Gov will FORCE business to them, whereas the majority of these MJ pennies have to spend heavily just to be seen and their margins already suck... and the odds are the majority will get crushed by the many private companies already making bucko $$$ in this sector.

Too many of these MJ pennies are overpriced crap... I'll trade any chart, but it makes me nervous paying so high for crap. SGBY at least has a verifiable business with thousands of customers in multiple states

I wont go overboard, but i dont mind paying higher for REAL potential.

[tarballmonger]

You got it! I and others who comment here have consistently suggested trading the swings- selling inflated rallies and buying over sold dips. Technical analysis to see pivot points is very helpful. I try to curb the excessive exuberance that can snag newbies into buying at the tops of moves or before they have done their DD. I don't know if this spot we're stuck in is a trade or not for you. Personally I am unsure so I'm going to do nothing until either a breakout about .035 or a collapse near the 50 Day Moving Average which is down around .02. Bottom line is that if they don't mess this up, SGBY should be a big winner over time.