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grizzlyman69

01/03/18 4:19 PM

#246054 RE: Greennewlife #246043

You are right,that's going to be the reality of these low priced mj stocks for a while.They attract the "flippers" who watch it go up 20-25% or so and then they sell.But there is no doubt the trend is UPWARD
for the foreseeable future,IMO.I don't have the bankroll or the time to play the flip game.Good for those that do.I'm pretty comfortable with the "long" position I've taken.
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ThatHawaiiGuy

01/03/18 4:58 PM

#246059 RE: Greennewlife #246043

There's a difference between profit-taking and their runs I think you'll notice almost every stock has three legs down if they're down...

This one had a down leg, It tried to come back, aad then they sold more...and they did it one more time, I believe the term is "naked shorting..."

Look at the day charts you'll see the same pattern for many stocks, three legs down...Many of them starting around the same time.
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starkd748

01/03/18 5:37 PM

#246066 RE: Greennewlife #246043

Weeeeeeeee only day 3 in legal mj in California. ....