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satelliteguy

02/25/14 3:07 PM

#38277 RE: Highwaybiker #38276

Y'know what? I understand and basically agree with what you just wrote as well. Today's trading also confirms that people have short attention spans. However, I expect that we will hear from the company shortly, and certainly by the end of next week at the latest.
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Highwaybiker

02/25/14 3:17 PM

#38278 RE: Highwaybiker #38276

I bought one other stock on RM news. When I bought it all I knew was management was coming from another MJ co. My thinking was when this ticker comes out as a MJ company it will rocket. I bought more stock than the entire days volume over time. I found people who told me about the stock got out before it took off. Trader mentality. I did around a ten bagger on that stock.. What's changed?
Today I see MJ stocks come up with good news and still go down. I see days of red in just about the whole sector. So is a new MJ ticker enough anymore? Are people coming into it for the same reasons I did my first RM MJ stock. If thats the case they are market dynamics driven expecting dynamics to stay the same. Thats a mistake. With this ticker we have as far as I can tell at this stage a solid money making company behind it, not a pump and dump. Problem a lot of penny pump and dump stocks. As the the tide goes so do all ships, good and bad. I'll look for more down side. Like I said, for me it's eaiser to miss a stock going up than buy one that forces me out because I will not allow myself to take a big loss on anything regardless of what I think about it. Learned that during the dot com crash.