GREY:MRRCF - Post by User
Post by
GreenNmeon Sep 14, 2017 2:43pm
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Post# 26696948
Just bouncing back from over sold territory
Just bouncing back from over sold territory RSI is now at 45 so if you wanted to lock in profits rn then you would have made the %10-15 I aim for on a short term trade. HOWEVER, I ask you that you do yourself the favour of doing your due diligence on this company, not the stock. Forget the stock. Research the company, it's assets (facilities, licenses, etc) the prospects of revenue within the next 2 years and what value you place on that given the value the market has placed on other companies of similar size and infrastructure. You will see that there is AT LEAST a double here coming not too long from now (less than year IMO). I'm not selling. I have been adding this entire time and now own over 100,000 Shares of Maricann making it my single biggest holding. Only time I will sell is if things get out of hand with the buying creating a heavily lopsided RSI above closing above 75. I'm hoping this gem. Good luck to all!