InvestorsHub Logo

tchalla

02/09/19 2:17 PM

#23331 RE: handyman54321 #23324

yes, monday will be the first day. the gates will open and many of the shareholders who have 50x profits here will take real profits off the table. right now it's all on paper. the only way to realize a profit is to actually sell. that is what will happen here. that realization is setting in for investors who are watching the technicals and see that shmp has had its run. now, noteholders come into play.

Running Q

02/09/19 2:29 PM

#23347 RE: handyman54321 #23324

The MMs tried doing that yesterday from 3:30 - 3:45 pm and you know what happened? Over 10 million shares were bought during the last 10ish minutes pushing the price up to .6050

Even earlier in the day on Friday and all day Thursday whenever the MMs would try to push it down there was stronger buy pressure to move it up. Traders looking for consolidation need to look at the intraday trading the last few days and they will find it. The consolidation occurred in stair steps (2-3 steps up and 1 step down...this occurred over and over...every step down is consolidation). This is how stocks break out when big money is involved. They’ll consolidate on the way up...if you noticed the daily moves have been controlled—20-50% gains—and not the wild 100-150% gain followed by a correction.

We may see one of those wild 100, 150, or even 200+ % gains after the harvest release. What happens after that will be determined by the content of the report and other news associated with the report: who was at the harvest? potential buyers announced? expansion plans? (upstate NY was mentioned by Peter from F&T) what media channels pick up the news?

Will there be a post harvest news pullback/correction? All depends on the above...

tomdoc

02/09/19 2:59 PM

#23375 RE: handyman54321 #23324

Already happened on Friday and shares were scooped up faster than I can spit. Patent alone is worth $3 imo and once we have production numbers along with all the juicy PRs afterwards, sky is the limit.

bbcars

02/10/19 7:23 AM

#23766 RE: handyman54321 #23324

You bought more expecting a sudden drop ? HMMMM.... You might want to revisit your trading strategy ... just a thought...maybe keep the shares for the massive increase? ... again, just a thought