InvestorsHub Logo

Sibware

08/30/13 9:12 PM

#8598 RE: Jmac21 #8596

Agree about MWIP being legit but this morning:

Of all the MJ sector MWIP had the biggest space gap.
So, i sold on the gap up just like ddm1082 said in his post #8584.

It's a very common practice, or should i say a rule to sell the Gap Up, for many Chartists...

I also sold all the other MJ tickers that i bought yesterday right after the Big MJ News: ERBB,SKTO,AEGY.
20 to 80% gains for a Friday morning, not too bad.
Better than waiting for the next spike if it goes down Monday imo.
Another rule was in effect today: Buy the rumor, Sell the news...
The rumor was: All MJ tickers will go up 100 to 200% tmrw or to $1 lol. The news was more like a lot of dilution happened today.Yesterday's big News was free press for all of them, for a nice Friday dilution day. It is not the fault of the Companies(of course, they would never do that), it's probably the bad day traders and flippers... lol...

EAPH: sold some today, almost running on free shares now.Did a lot of DD on that one, and i like it for the near future, all imo, of course...

Also tried again to buy MJNA & RIGH yesterday, but they are both on the DTCC Chill. Unable to buy them...