Replies to post #56925 on Livewire Ergogenics Inc (LVVV)

[ThatHawaiiGuy]

Nobody ever wants to hear what the Bears have to say. I'm a bulll but I can read a chart.

Money is flooding out of the markets

Guess where the one bright spot is? The weed sector...Particularly hemp/cbd.

You can look back at my posts....My projections have been quite accurate, sorry to say. Again this is not found the bottom in case I haven't made myself clear. I'm not saying anything can happen I'm saying it's headed down. And that trajectory is steep. This is not the chart I use, But sometimes the simple chart makes it clear. There's a pivot point down there someplace, I don't know what it is.

$LVVV next line of resistance is in the 12's...a very odd number .01229

.0125

.0123

.01229

They may punch it through a penny just to be dicks...

They should meet stiff resistance and severe support from .0098 to .0088 IF they get it down that far. It's the OTC so anything can happen...But they should have a hard time pushing it down that far because they should hit stiff resistance in the .012s.

Takes serious intestinal fortitude to buy down here. But this is where the gains are made. Buying when "everyone" else is selling. The news you're expecting should move the share price. Plus, come on: it's weed, how the hell do not make a profit growing weed? lol And by "everyone", I mean marketmakers.

They're taking it down on very low volume. It's not like there's been bad news and everybody's dumping...This time of year generally sucks, plus the Tax loss selling selling, plus the marketmakers playing their marketmaker reindeer games. Personally I don't think it's found the bottom quite yet...But there is a bottom and there is strong support down there. This isn't a scam is not a fly-by-night company; they have a plan, they have vision, now they have to execute. Just like every other OTC stock down here. There have been some very unlikely highfliers lately (unlikely IMO--pjet AYFKM?)...I think this one will join The Multi Bagger List next month.

Should be fine in January (as long as they deliver the goods and news: solid PR)...And it's pretty clear when it runs it really runs...Especially with that "tiny" float. On the OTC it's hard to find stocks that have less than 500 million shares out. I've seen some stocks running and they have billions out. If the stock gets any attention when the news comes it might even hit new highs.

If you are in the broad market GTFO! Hopefully some of that money finds it's way to the OTC.