Made a quick 50% on CGC, took my principal out and letting the profits ride
Made a quick 50% on CGC, took my principal out and letting the profits ride
about 5% of portfolio in there for me
i started buying in when SL was aroud $0.35 / share and got into ACB starting at around 0.90.
Got about $10k invested. Yes it a gamble, but how many opportunities do you get to literally open a new market?
If I gain big, I will buy a bottle of nice vodka and go on a rager.
If I lose big, I will buy a bottle of cheap vodka and go on a bender...
Tap, Rack, BANG!
Similar for me, but in APH instead. I got in before things went bonkers. I wanted an MJ company and APH was one of the few that is turning a profit. I don't think there is a huge downside as they have a business model that seems to be working ok on the medical side.Originally posted by littledan
i started buying in when SL was aroud $0.35 / share and got into ACB starting at around 0.90.
Got about $10k invested. Yes it a gamble, but how many opportunities do you get to literally open a new market?
If I gain big, I will buy a bottle of nice vodka and go on a rager.
If I lose big, I will buy a bottle of cheap vodka and go on a bender...
you're not concerned about the veteran's preferential pricing and the demographics of APH's customers?Originally posted by JustinL
Similar for me, but in APH instead. I got in before things went bonkers. I wanted an MJ company and APH was one of the few that is turning a profit. I don't think there is a huge downside as they have a business model that seems to be working ok on the medical side.
gold breaking out today, silver even more so. let see if it can sustain without giving back to suggest the bottom is in
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Out of LABD with a 10% gain from yesterday's close. Into LABU at 36.2 - lets see a quick bounce
Highly considering JDST as everytime miners go up, it's followed by a crash. and it looks overbought right now.
looks like biotech could not muster enough to get to 65. already drop thru 62-63 like a butter knife. as long as it remains above 62, im going to say this is the sharp wave 2 pull back
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cant rule out miners will fizzle out again since FOMC is next week.
i may just take my profit and wait again
sold my Jnug as well as Fr.to and abx.to to light up my holdings. cant refuse 15-20% profit. will set some cash aside in anticipation that there is one more lower low ahead.
if this sector does breakout, plenty of opportunity to buy back and key retest levels anyways
Last edited by SilverRex; 12-07-2016 at 09:36 AM.
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So sad I couldn't buy LABD yesterday. I think the trump gap fill is a real possibility here.
if you look at ibb, which is more liquid, its hitting its 61% now and completely filled the gap left during the initial rally. if your a betting man, this may be the place to start loading up.
added a 3rd position in labu. if xbi does fill the gap completely down the 58.7 area I will double up my position.
considering xbi is more bullish than ibb, back in July xbi never filled the gap but ibb did.
Last edited by SilverRex; 12-07-2016 at 10:00 AM.
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sold off a small position of BTE @ $6.26 yesterday. wonder if I mis-timed this one.
Tap, Rack, BANG!
i think it depends if you think they'll find the remaining 300K cut or not this fri/sat/sun. if they find it, should get a pop againOriginally posted by littledan
sold off a small position of BTE @ $6.26 yesterday. wonder if I mis-timed this one.
Interestingly, very little press on this but looks like CannaRoyalty (CRZ) is set to be trading starting tomorrow.
http://www.marketwired.com/press-rel...rz-2181232.htm
No idea on starting price or shares offered. Will be interesting to see it trade tomorrow, if this is true.
Beats EMC by a day as well!
Edit: CRZ opened pretty high and currently in the mid $3's. I can't even see it on my bank since it's on the CSE. Waiting for EMC.
Last edited by Disoblige; 12-08-2016 at 09:20 AM.
Fasten yourseatbelts
The equities market is ready for a complete melt up. Even the transportation is confirming the Dow theory it is in a bull market
Biotech had a knee jerk reaction but will soon catchup and rebound from current levels
Gold is on light volumn and so it may not have a trend until FOMC is behind us.
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for oil, as long as it holds above 48.5, then the path to 60 ensures. otherwise under 48.50 i will start to question the rally and a chance under 40 is still possible.
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rebought 1 jnug lower at 7.5 after selling at 7.96 a day ago. i can get use to this pattern.
rebought fr.to at 12.50 after selling at 13.40
i have 3 position in labu, 2 at current levels. so far looking good.
if xbi wants to hit the 61% and fill the gap i will double up in a heart beat.
Last edited by SilverRex; 12-08-2016 at 10:23 AM.
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Silver rex i feel like you have been bullish on gold from 1370 and all the way down
yes i am bullish as a long term position holding, but do scalp the swings when i seem them. if you go back to all the post i made, i am always looking for a good entry and suggested many times over that charting does show lower prices in this sector. and because of this, i kept my leverage play to a minimum of about 5% instead of 25% when gold first moved from 1199 to 1375.Originally posted by riander5
Silver rex i feel like you have been bullish on gold from 1370 and all the way down
despite the drop, i am actually well positioned, if gold ever goes back to 1370 i will be way ahead then i was when gold first tested that level.
i have been taking full advantage during this drop and opened various new core positions in ndm.to, usa.to, ipt.v, gpr.to and all of them are green. even increased my holdings in k.to and yri.to despite giving back some gains those i continue to cost average and hold for many months.
and because i believe gold is in a bull market, i would never short it as surprise is always to the upside. that is why you only see me buying and not shorting. aka dust
Last edited by SilverRex; 12-08-2016 at 10:16 AM.
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Buy in today or tomorrow on Oil? Decisions decisions..