Post by
KWVC27 on Sep 14, 2018 8:51am
A lesson for you TA guys if something big happens...
As mentioned by me a few days ago. No offense to the TA guys out there like Stockmoves1 and others. TA is an important "GUESSING" tool that looks backwards, as no one can see the future. If it was that easy we would all just learn the skill and become millionaires. TA doesn't work in emerging and markets or new industry like MJ as no one saw the Constellation Brands merger and most people were left scrambling after the news.
Anyone that is out of the market will miss the ride trying to catch penny swings in this once in a lifetime industry. For the average Joe out there, buy and hold people, buy and hold. Load up if you can on the A Warrants and don't do anything for 6 months or a year and don't attempt to day trade this thing. Let the big boys manipulate the price all they want on the up and down days. They won't be able to stop the train at the end of the day. Stay long and strong, I've been doing this for 23 years. Load up, and don't get rattled. It's all a game, and this thing in a year from now should be an easy triple along with the warrants catching up to fair market value and then moving with the SP. Don't be a Sucker and close out a position for a Penny swing, eye on the bigger prize and don't get caught out of your position. God Bless and bring on the news!!!
Comment by
zoobadoobaaa on Sep 14, 2018 9:01am
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Comment by
KWVC27 on Sep 14, 2018 9:07am
Yes, best bang for the buck. If this thing crosses $1 it's an instant double minimum and then will move closely with upward movement. If bought out today...Warrants "should" be given fair market value at today's SP which still equals a minimum double...
Comment by
zoobadoobaaa on Sep 14, 2018 9:09am
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Comment by
KWVC27 on Sep 14, 2018 9:17am
Either are fine. I personally like the idea of having my Warrants in the money when a merger happens. If it's not bought out before then I would then look at switching to the original warrants as the price climbs closer the strike price of $1.75. It's a safer play in my opinion...
Comment by
Ggeeman on Sep 14, 2018 9:14am
it still looks like a sector wide sell off. Worst time i think to drop this , oh well at least they did ;)
Comment by
flyboy27 on Sep 14, 2018 9:17am
Not to worry. this will take a couple days to unfold... still trying to figure who?? Cantrust? Green Organic Dutchmen? they are in the area..
Comment by
Stockmoves1 on Sep 14, 2018 9:40am
in 20years that has never been an issue.. If i miss one home run vs a gazillion succesful trades i will take the trades..... more predictable... if you held onto every dream the odds of one coming to fruition are rare... so far so good in the A warrant a lot lower than I sold them for...its all good... surprised this isnt screaming...
Comment by
Stockmoves1 on Sep 14, 2018 9:42am
I now have my lotto ticket on A warrants in case we get a respectable offer.....
Comment by
KWVC27 on Sep 14, 2018 9:45am
Smart move..I would hate for all the good longs to miss the ride after all the good advice given by you guys for the seasoned TA people ..that's all.
Comment by
REALDEALIZM on Sep 14, 2018 9:28am
I agree, Couldn't say it better. "Pocket Aces" Positive comment, I like it. Lets see how today HIP performs. Normally Friday is not a highly active day, but with Legalization around the corner, who knows. I would love to see a Quebec supply agreement soon, that I think would push us to the next level. HIP baby!