Replies to post #25259 on Grapefruit USA Inc (GPFT)

[BennyJ]

No sellers below .393 now. Bid is slowly creeping up - Level 2.
Also Don't use stop loss and Like Tiger(MadTig) always use mental stop losses.

[madtig6]

Benny-I need some help with something

I acknowledge your approach to investing. You are GREAT at DD and research - far better than I.

I have noticed that many times here ppl say "day traders" and "flippers" like they are dirty words.

If it weren't for those traders, stocks would stagnate. If everybody bought and held, who would sell to make a market? I consider myself a "swing trader" - weeks and months between trades usually, but some days I am a "day trader" or close to it.

I traded from a buy on 8/29 to a sell on 8/31 at an obscene
profit for 2 days.

So what is wrong with day traders? Seems to me they move the pps and give everyone opportunities to trade - even if it's a buy and hold situation.

Thanks

[nybuild1]

Hey Benny.... I agree with the mad tiger... ur DD is fantastic... but u keep mentioning 150 days.... products with FDA approval within 150 days for the last two quarters doesnt really create a pattern that would extend to IMGG in my opinion. What was the situation before this new review team? Was it also 150 days? is this an unoficial historical pattern? TIA