OTCQB:EMHTF - Post by User
Comment by
bloozguyon Mar 13, 2018 2:00pm
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Post# 27707986
RE:VFF its partner in crime is having the same problem
RE:VFF its partner in crime is having the same problemI agree. This is why good news doesnt work anymore...its like a beacon to tell the shorters/mm's where to target their efforts. And since we are at a huge disadvantage its like shooting fish in a barrel to walk it down until they've scared enough people to surrender their shares. Look at any major news announcement and watch the carnage that follows during the next week of trading. Cron is a great example of GREED and now FEAR as its blown through a couple support levels. This is what scares me when i hear an analyst spout off about WEED being worth $13 bucks. Dont kid yourself, if they wanted this to happen they could do it....its just easier and safer to screw the smaller players.
We will never win this battle without volume on the buy side...same for VFF, in fact they are even more vulnerable because they are not as well known in the space and their volume is really low.
So wtf can you do? Not much, either hold and dont look at the daily movements, or swing trade... although even that only works if you get movement both ways. I never sell to take profit, my money is always rotated into another stock that offers a better opportunity.
Yesterday i sold my final position in THCX and put it into CRON now that it has pulled back after the nasdaq histeria...i think it can go lower as well from todays price, but i usually average in when its a downward trend...and i ONLY do this with strong players with good volume and long term outlook. I stay away from anything OTC and smaller companies on the TSX-V that are behind and will likely need more financing at shareholder expense.