Traxion Sab De Cv Ord Shs GRPOF

Catching Momentum

[BLACKICE909090]

Very Speculative posts all around today. Saying that if TBP released an announcement on X it would bring a SP up to Y which would soften the blow for today is almost like saying if I bought a great house in the USA in 2007 and upgraded the windows it would sell for loads more during the recession. Nobody cares. You are still down money and the real value is in the home when prices recover during its investment life. Lets face reality, an NR released today would be disaster because the industry is on a pullback. If you are a company, yes you want to catch momentum for an NR but that doesnt mean you are immune from future downwards pressure. 

Furthermore, can we all agree we hit a 52 week high on the assumption that news was coming? Who knows if an NR would have done anything at all, it could have actually drivin prices down on a buy the rumour sell the truth scenario.

Remember for a second what type of investor you are, day and swingers will either be very happy or very sad today. Longs are probably growth investors and dont care because we know we are early stage and volatility is to be expected. Value investors will most certainly be happy today.

Time to strap in again, you're not invested in Microsoft or Amazon your in Marijuana. If you dont like it, a GIC is paying a healthy 4% on your money :)