Pot Plays
Long story short, I was getting pretty crushed from May - July, as most of the OTC was. When I say crushed, no, I did not risk my entire bankroll on one play or another. I purchase penny stock chunks in two sizes, one 50% more than the other. I did not piss away my New Year gains by any means. Much of my portfolio has actually been used to play big board options, which is a whole other story, haha. Most importantly however, I was mentally fatigued from the grind of penny stock due diligence on top of two other jobs (three if you count my chick, haha). Took a much needed family trip to Glacier National Park and a trip to Southern California. Smoked some great herb and drank some amazing microbrews. Played a ton of soccer. Cleared my head.
Ready to come back strong for the next pot rush beginning at the end of this month. Held two non pot stocks for the last two months, and still waiting them out. I really haven't paid much attention to the sector the last three months, so I am going to begin some much needed DD.
"BSSPORTS" I don't think that is a fair assumption, considering all pot stocks were taking quite a beating. That's cool if you feel that way, but you don't need to post that here. You can ignore the plays at the beginning of this thread, which mind you, were already half way through last years sustained cannabis sector run. I'll take a couple 15-50% losses for a 2000% gain like I made on TTDZ / GRCU any day of the week.
This will be the third year I'll be playing pot stocks. While the last two runs were glorious, I'd expect this one to be much more subdued, yet still, very very solid. There are a lot more savvy investors out there now. Gone are they days of being able to hold a pot stock for three days and expect 100%-1000% gains.
All that being said, I will be keeping my alerts much simpler in quantity and scope.
Here's two I am looking very hard at tomorrow to carry into a strong Monday:
HEMP @ .029 . Just a very, VERY oversold chart with an RSI at 18. Notice the last time the RSI dipped into the oversold zone below 30 on August 11th. It popped up for a dead cat bounce and the chart fell apart again at the end of August and this whole week, until today. HEMP has only had 4 green days in the last 45 days. I still don't believe in the company, and this bounce coming could very well be another dead cat bounce, but I see it has closed underneath the bottom bollinger band the last 4 days. From this price, I think by Monday it will hit .033, where the first resistance lies. A close above .035, and a run to .04 looks likely.
On Watch:
GRCU @ .0099 My baby! Like this one, but not quite as much as HEMP. When I look at the chart, I see a double bottom from July 31 and August 27. With today's spinning top, this one just needs a lot more volume, perhaps a PR. Could be a good candidate to run to the 200dma at .013.
Long story short, I was getting pretty crushed from May - July, as most of the OTC was. When I say crushed, no, I did not risk my entire bankroll on one play or another. I purchase penny stock chunks in two sizes, one 50% more than the other. I did not piss away my New Year gains by any means. Much of my portfolio has actually been used to play big board options, which is a whole other story, haha. Most importantly however, I was mentally fatigued from the grind of penny stock due diligence on top of two other jobs (three if you count my chick, haha). Took a much needed family trip to Glacier National Park and a trip to Southern California. Smoked some great herb and drank some amazing microbrews. Played a ton of soccer. Cleared my head.
Ready to come back strong for the next pot rush beginning at the end of this month. Held two non pot stocks for the last two months, and still waiting them out. I really haven't paid much attention to the sector the last three months, so I am going to begin some much needed DD.
"BSSPORTS" I don't think that is a fair assumption, considering all pot stocks were taking quite a beating. That's cool if you feel that way, but you don't need to post that here. You can ignore the plays at the beginning of this thread, which mind you, were already half way through last years sustained cannabis sector run. I'll take a couple 15-50% losses for a 2000% gain like I made on TTDZ / GRCU any day of the week.
This will be the third year I'll be playing pot stocks. While the last two runs were glorious, I'd expect this one to be much more subdued, yet still, very very solid. There are a lot more savvy investors out there now. Gone are they days of being able to hold a pot stock for three days and expect 100%-1000% gains.
All that being said, I will be keeping my alerts much simpler in quantity and scope.
Here's two I am looking very hard at tomorrow to carry into a strong Monday:
HEMP @ .029 . Just a very, VERY oversold chart with an RSI at 18. Notice the last time the RSI dipped into the oversold zone below 30 on August 11th. It popped up for a dead cat bounce and the chart fell apart again at the end of August and this whole week, until today. HEMP has only had 4 green days in the last 45 days. I still don't believe in the company, and this bounce coming could very well be another dead cat bounce, but I see it has closed underneath the bottom bollinger band the last 4 days. From this price, I think by Monday it will hit .033, where the first resistance lies. A close above .035, and a run to .04 looks likely.
On Watch:
GRCU @ .0099 My baby! Like this one, but not quite as much as HEMP. When I look at the chart, I see a double bottom from July 31 and August 27. With today's spinning top, this one just needs a lot more volume, perhaps a PR. Could be a good candidate to run to the 200dma at .013.
GRCU needs to close above the .0104 pivot point for a run to start. I will be watching closely during Power Hour today. If it looks like its going to close right at or above .0104, I'll take a nibble.
On watch: NTRR. Broke through the 7/10 dma today, needs to close above .19, to have a run to the upper BB around .23. Bought some this morning regardless, I like the reversal on the chart.
GRCU needs to close above the .0104 pivot point for a run to start. I will be watching closely during Power Hour today. If it looks like its going to close right at or above .0104, I'll take a nibble.
On watch: NTRR. Broke through the 7/10 dma today, needs to close above .19, to have a run to the upper BB around .23. Bought some this morning regardless, I like the reversal on the chart.
I wouldn't want to be on the sidelines come Q4 Financials.
I wouldn't want to be on the sidelines come Q4 Financials.
MJNA and HEMP are making moves... could the rest of the sector be shortly behind?
MJNA and HEMP are making moves... could the rest of the sector be shortly behind?
#GBLX also on high alert @ $1.04. They have 4 applications with the State of Nevada in queue. They are going to hear back from Nevada by November 3rd at the latest. Expect a PR next week...
#GBLX also on high alert @ $1.04. They have 4 applications with the State of Nevada in queue. They are going to hear back from Nevada by November 3rd at the latest. Expect a PR next week...
hey stiffler and everyone-
Dude, you should stay away from all that garbage. Pot plays mostly r scams and people playing on the hype. A couple shut down already. And this other guy is an L2 pump n dump guy... He alerts after he loads up and dumps his shares, then says it is a good buy and to buy it. Yet, he is shorting it too people. There are thousands of them out there and YOU mean nothing to this guy.
Learn on IHUB... that place is full of these types of guys. Find good solid companies in biotech or tech sector that are kinda new and just getting into their earnings. Buy it and hold it.
Tell ya how I messed up on the Pump n dumps, long story. But I lost several thousands playing them. There is money to be made, dont get me wrong, but you have to be on it everyday and part of the scam (in a way). YOu have to buy when there is no news and on a bottom, then sell on the news, plus short shares... Lots of work and unless you dont mind lying to everyone, cheating, and just a plain scum bag, stay away...
hey stiffler and everyone-
Dude, you should stay away from all that garbage. Pot plays mostly r scams and people playing on the hype. A couple shut down already. And this other guy is an L2 pump n dump guy... He alerts after he loads up and dumps his shares, then says it is a good buy and to buy it. Yet, he is shorting it too people. There are thousands of them out there and YOU mean nothing to this guy.
Learn on IHUB... that place is full of these types of guys. Find good solid companies in biotech or tech sector that are kinda new and just getting into their earnings. Buy it and hold it.
Tell ya how I messed up on the Pump n dumps, long story. But I lost several thousands playing them. There is money to be made, dont get me wrong, but you have to be on it everyday and part of the scam (in a way). YOu have to buy when there is no news and on a bottom, then sell on the news, plus short shares... Lots of work and unless you dont mind lying to everyone, cheating, and just a plain scum bag, stay away...
Instead you come in here and call me an "L2 pump n dump guy"... that's a new one.
Also, retail investors can't short the OTC Market. Interesting take that I'm a short though.
If you followed my plays and didn't take the multiple thousands of dollars of profits on the way up like you should have, then I hope you learned your lesson.
All that being said... GTFO then. We're busy making $ over here.
Since I started reposting, I'm 4/4 on tickers I've highlighted in bold.......
HEMP @ .029 just ran to over .06, and you could have picked it up much cheaper than I did. 100%+ gain
GRCU @ .0099 ran the next day to .012 . Has not held those gains, but like I said, I'm not your trading baby sitter, take profits when they are offered. 20% gain.
NTRR @ .18. Hit a high of .28 if you had held for two weeks. I did not, and I'll admit that. But if I had trusted myself I should have and made a 64% gain.
MLCG @ .0026 alerted, picked up at .002, and you still could have gotten even cheaper, easy in the .0015 range. Today it hit .0070 and closed at .0040.... we'll call it 300% at the peak, 100% gain outright.
Never front loaded a stock in my life you joker. All I do is call it like I see it. I'm making $$$ over here, not sure what the F you're doing.
Run along.
Instead you come in here and call me an "L2 pump n dump guy"... that's a new one.
Also, retail investors can't short the OTC Market. Interesting take that I'm a short though.
If you followed my plays and didn't take the multiple thousands of dollars of profits on the way up like you should have, then I hope you learned your lesson.
All that being said... GTFO then. We're busy making $ over here.
Since I started reposting, I'm 4/4 on tickers I've highlighted in bold.......
HEMP @ .029 just ran to over .06, and you could have picked it up much cheaper than I did. 100%+ gain
GRCU @ .0099 ran the next day to .012 . Has not held those gains, but like I said, I'm not your trading baby sitter, take profits when they are offered. 20% gain.
NTRR @ .18. Hit a high of .28 if you had held for two weeks. I did not, and I'll admit that. But if I had trusted myself I should have and made a 64% gain.
MLCG @ .0026 alerted, picked up at .002, and you still could have gotten even cheaper, easy in the .0015 range. Today it hit .0070 and closed at .0040.... we'll call it 300% at the peak, 100% gain outright.
Never front loaded a stock in my life you joker. All I do is call it like I see it. I'm making $$$ over here, not sure what the F you're doing.
Run along.
The sector is at a rock bottom folks. Hope you're getting ready for the run in December. My DD will be picking back up here soon, just so busy.
We're going to make a lot of money this run. Bank on it.
The sector is at a rock bottom folks. Hope you're getting ready for the run in December. My DD will be picking back up here soon, just so busy.
We're going to make a lot of money this run. Bank on it.
Alerting INCC at .006 . This one went on a monster move and has given back nearly 75% of its recent value of .022. This is going to be one of the major pot runners this year IMHO.
Also on watch, not alert: FBCD lotto play. Hearing good things and liked the movement today.
Looking for absolute bottom: SRNA
Notice the huge volume spike several days ago and now a decline? Look for a huge green volume day for this one to climb out of the RSI danger zone ( < 30 ).
Stay blessed.
Alerting INCC at .006 . This one went on a monster move and has given back nearly 75% of its recent value of .022. This is going to be one of the major pot runners this year IMHO.
Also on watch, not alert: FBCD lotto play. Hearing good things and liked the movement today.
Looking for absolute bottom: SRNA
Notice the huge volume spike several days ago and now a decline? Look for a huge green volume day for this one to climb out of the RSI danger zone ( < 30 ).
Stay blessed.
We all know the votes are coming in on Oregon, Alaska, and DC this next week. Expect a small run out of it, but don't get greedy... a lot of investors sell on the news.
This isn't the big run we are waiting for. That comes at the end of December through February.
GBLX looking good, need more volume. INCC needs some volume but holding. FBCD needs volume... slow today!
We all know the votes are coming in on Oregon, Alaska, and DC this next week. Expect a small run out of it, but don't get greedy... a lot of investors sell on the news.
This isn't the big run we are waiting for. That comes at the end of December through February.
GBLX looking good, need more volume. INCC needs some volume but holding. FBCD needs volume... slow today!
Bought in at .0016 and .0015 and a bit more at .0012. Average is at .0014. Good luck, should be a fun week!
Bought in at .0016 and .0015 and a bit more at .0012. Average is at .0014. Good luck, should be a fun week!
This will test the 50 dma at .30, but I believe it will pull above it. Will probably flip it at .30 and try and re-enter around .25.
WTCG not doing so hot, but I'm confident this is heading up much higher.
This will test the 50 dma at .30, but I believe it will pull above it. Will probably flip it at .30 and try and re-enter around .25.
WTCG not doing so hot, but I'm confident this is heading up much higher.
Really like MYHI share structure... look for volume here. Tomorrow will be very telling if it wants to run Thursday and Friday.
Really like MYHI share structure... look for volume here. Tomorrow will be very telling if it wants to run Thursday and Friday.
INCC looking stable, at a small loss on this one.
MYHI eyeing an entry in the .055 range.
GBLX sold at $1.20 last week.
------
STEV is on watch...
INCC looking stable, at a small loss on this one.
MYHI eyeing an entry in the .055 range.
GBLX sold at $1.20 last week.
------
STEV is on watch...
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