RE:RE:RE:RE:RE:RE:SHORT LIVED SPIKES, WILL MOST CERTAINLY BE FOLLOWED BY DIPS whipper7 wrote: I was in HIP as a penny stock when it took off one day. it rallied to over $3 a share over 500% before backing off. It backed off with over 70% short plays last spring. its just comming back now. That was before Legislation also so differant times for sure but a good example of how fast this sector can get a hold of somthing and how far it can run. September should be an interesting month indeed as this new sector starts to evolve!! The bio Tech and Tech sectors back in the 90,s had this same feel it. There were so many high flyers the trick was to pic some that had the biggest vission like Microsft,Ballard,Apple,Blackberry,Nokia. HUGE to me is the Microsoft of this sector. Weed is like the Blackberry of this sector. Blackberry shares sored way before MSFT did but MSFT had the staying power and less debt and longer lasting product and wider base. i would phone in sick from work to day trade these stocks. Had I just kept the shares i owned back then I wouldnt even be talking about it on this message board. haha But I will say this about this Board. There are a great bunch of investors. I stopped reading boards for the past 10 years or so because they were nasty and didnt want my plan swayed. Its nice to see so many bulls on hear! Ultamatly they are allways the biggest winners.
Nice analogy Whipper7 - here’s to plenty of fruitful years ahead. We’ve got a lifetime and beyond worth of growth in this one. Our grandkids will be talking about this.