Yes… I’m still in it and stick to my call of $1.00 to $2.00 on it. It’s taken longer then I thought but big things are coming on it. Obviously I can’t go into details here but important things have already happened with the structure of the company. That will show in the stock price soon, but I can’t put a date on it.
I will say that the float of shares available is extremely small and once some people see the big picture with it the price has now where to go but up. I don’t see anything happening the rest of this week so I’ll probably buy some more shares tomorrow (if I can get filled?) as I know something big is coming soon… but again, I can’t give you a date. I can only say that I haven’t sold any shares and have bought more on these dips.
Good for you Steveo…. as trading in this insane market is worthless
right now. I don’t even think day traders are doing well, so you know
it’s hard for options people. Take some pictures of your project as I’d
love to see them!
Nope, its a joke on me. I have been doing very little trading, got some big projects on my list. Been more investing in hard assets, direct ownership of oil wells, gold silver platinum paladium, starting a new business, building a bug in house to be able to live off grid in comfort and security.
“Volume Accumulation” profile huh… that’s great! Regardless of it’s current price right now once it gets going I see a $1.00 to $2.00 in a short period. So I just buy more when I see it dip. In fact I’ll probably get some more today or tomorrow as I’m confident a big move will come.
I only hope the other readers that got some with me see the big picture here and don’t bailout too early. I know they will be kicking themselves when it starts it’s move. Use the pullbacks to get more in my opinion.
Thank you for your kind words.
As for your stock – I’m in. Not large, but meaningful amount. Absolutely agree with your premise, as for timing… you know, better be early than late. Can you imagine getting in those pot-stocks only couple of months ago? I know a guy, who has been sitting on MJNA for over 4 months – I’d say his patience paid off.
Seems like we will be able to say the same about your pick soon enough – my volume profile is constructive and implies accumulation
Patience …
LOL… how true, how true! Keep the sheep stoned and they will vote for Mickey Mouse if you tell them too! Thanks for the tip and yes those stocks could go up huge in the long term. Great for investors I’d think. I like to trade them “in and out” as quick as possible so all the picks in the future I’ll be giving should be just quick movers instead of long term-mer’s like the one I’m current in.
I originally thought I’d see it move up quickly within the first week that I announced it but it’s taken longer then I thought it would. I’m still in as I’m sure it’s going to move up big soon… I just can’t pin point the exact day.
Their story is great (and real) which is why I’m not bailing out on the company right now. I see big things coming but I must admit that it’s tiresome to wait this long. My next picks should be less on the “great story” and more on the “fast mover” style.
In the end I’m here to make money and can’t get married to one stock forever. Currently though I see NO reason to sell as the move coming soon will be worth the wait… especially since I’d have just lost it shorting the SPY right now.
But I will look for those stocks you listed and watch them closely. After they make a nice pullback and drop in price some then I’ll look for accumulation to start in them right before they get ready to go back up for another run.
Feel free to chat about anything else on your mind in the future as right now the market is pretty boring. Thanks…
Hi Red,
Long time reader here, first time posting.
Although I don’t share some of your views on markets, I always learn alot from your articles and videos. Sincerely Thank You for broadening mine horizons.
Hope you don’t mind if I share this idea: investing in marijuana.
Weed is a 40 to 120 billion per year industry, meaning it’s between pets and beer. But really nobody knows for sure. Companies involved are new, without any meaningful track record, trading on BB or pink Sheets.
Here is a list: http://stockcharts.com/freecharts/candleglance.html?MDBX,CBIS,MJNA,HEMP,PHOT,AVTC,TRTC,ERBB,SRER,GRNH|B|P5,3,3
I personally started positions in MJNA, PHOT, AVTC and HEMP, but for anybody who reads this – this is VERY RISKY, these stocks can loose half its value very-very fast.
As for probable profits… say my first target for MJNA is $1.50
The only reason I took upon myself to post it here – is this:
HOW DO YOU KEEP MUPPETS IN CHECK? – KEEP THEM STONED OUT OF THEIR MIND (and collect taxes at the same time).
Seems like it fits with some of your views
Yesterday I watched snail races… today I’m watching “Ground Hog Day” on AMC network as I can watch it again tomorrow, and the next day, and the day after that, and the day after that day, and…
Yes… I’m still in it and stick to my call of $1.00 to $2.00 on it. It’s taken longer then I thought but big things are coming on it. Obviously I can’t go into details here but important things have already happened with the structure of the company. That will show in the stock price soon, but I can’t put a date on it.
I will say that the float of shares available is extremely small and once some people see the big picture with it the price has now where to go but up. I don’t see anything happening the rest of this week so I’ll probably buy some more shares tomorrow (if I can get filled?) as I know something big is coming soon… but again, I can’t give you a date. I can only say that I haven’t sold any shares and have bought more on these dips.
Check out MDBX..That one made the biggest move…
Hey Red,
Any comments on the Penny Stocks. Heading in the opposite directions =(
Good for you Steveo…. as trading in this insane market is worthless
right now. I don’t even think day traders are doing well, so you know
it’s hard for options people. Take some pictures of your project as I’d
love to see them!
Nope, its a joke on me. I have been doing very little trading, got some big projects on my list. Been more investing in hard assets, direct ownership of oil wells, gold silver platinum paladium, starting a new business, building a bug in house to be able to live off grid in comfort and security.
“Volume Accumulation” profile huh… that’s great! Regardless of it’s current price right now once it gets going I see a $1.00 to $2.00 in a short period. So I just buy more when I see it dip. In fact I’ll probably get some more today or tomorrow as I’m confident a big move will come.
I only hope the other readers that got some with me see the big picture here and don’t bailout too early. I know they will be kicking themselves when it starts it’s move. Use the pullbacks to get more in my opinion.
Thank you for your kind words.
As for your stock – I’m in. Not large, but meaningful amount. Absolutely agree with your premise, as for timing… you know, better be early than late. Can you imagine getting in those pot-stocks only couple of months ago? I know a guy, who has been sitting on MJNA for over 4 months – I’d say his patience paid off.
Seems like we will be able to say the same about your pick soon enough – my volume profile is constructive and implies accumulation
Patience …
LOL… how true, how true! Keep the sheep stoned and they will vote for Mickey Mouse if you tell them too! Thanks for the tip and yes those stocks could go up huge in the long term. Great for investors I’d think. I like to trade them “in and out” as quick as possible so all the picks in the future I’ll be giving should be just quick movers instead of long term-mer’s like the one I’m current in.
I originally thought I’d see it move up quickly within the first week that I announced it but it’s taken longer then I thought it would. I’m still in as I’m sure it’s going to move up big soon… I just can’t pin point the exact day.
Their story is great (and real) which is why I’m not bailing out on the company right now. I see big things coming but I must admit that it’s tiresome to wait this long. My next picks should be less on the “great story” and more on the “fast mover” style.
In the end I’m here to make money and can’t get married to one stock forever. Currently though I see NO reason to sell as the move coming soon will be worth the wait… especially since I’d have just lost it shorting the SPY right now.
But I will look for those stocks you listed and watch them closely. After they make a nice pullback and drop in price some then I’ll look for accumulation to start in them right before they get ready to go back up for another run.
Feel free to chat about anything else on your mind in the future as right now the market is pretty boring. Thanks…
Hi Red,
Long time reader here, first time posting.
Although I don’t share some of your views on markets, I always learn alot from your articles and videos. Sincerely Thank You for broadening mine horizons.
Hope you don’t mind if I share this idea: investing in marijuana.
Weed is a 40 to 120 billion per year industry, meaning it’s between pets and beer. But really nobody knows for sure. Companies involved are new, without any meaningful track record, trading on BB or pink Sheets.
Here is a list:
http://stockcharts.com/freecharts/candleglance.html?MDBX,CBIS,MJNA,HEMP,PHOT,AVTC,TRTC,ERBB,SRER,GRNH|B|P5,3,3
I personally started positions in MJNA, PHOT, AVTC and HEMP, but for anybody who reads this – this is VERY RISKY, these stocks can loose half its value very-very fast.
As for probable profits… say my first target for MJNA is $1.50
The only reason I took upon myself to post it here – is this:
HOW DO YOU KEEP MUPPETS IN CHECK? – KEEP THEM STONED OUT OF THEIR MIND (and collect taxes at the same time).
Seems like it fits with some of your views
Yesterday I watched snail races… today I’m watching “Ground Hog Day” on AMC network as I can watch it again tomorrow, and the next day, and the day after that, and the day after that day, and…