RE:RE:SHORT LIVED SPIKES, WILL MOST CERTAINLY BE FOLLOWED BY DIPS bullishunderdog wrote: StockMTL wrote: Here is the fact about the weed sector, massive spikes will shortly be followed by massive dips. https://marijuanaindex.com/stock-quotes/canadian-marijuana-index/ One day the entire index is green and everyone in this forum is " so " positive and the next day the entire index is red and everyone is " so " upset. If you were luckly enough, like myself to take a massive position in Huge at an average cost of .15 and sold on Friday at .25, well you did very well.
I made a very large profit and when this dips and we all know that it will, I will go back in even heavy than before with a 1 Million share move at 15 cents to 18 cents. It will then spike again due to some random press release, spike to .25 maybe even .30 and I will sell and make another massive profit.
Then, I will wait until it dips and rest assured that it will and once it dips, I will buy 2 million shares and hold for a bit...
I get that people love " huge " what I don't get is how anyone on this forurm thinks it will not drop below .20cents again, it 1000000000000000000000000000000000000% will !!!
One press release based on fluff and the world goes crazy in this sector, days later than very same world gets nervous about the invest and pulls out...
and if it dips then sell. If it doesn't ant you got 1 more ignore and possibly a few more. What's the point of your post?
bullishunderdog wrote: StockMTL wrote: Here is the fact about the weed sector, massive spikes will shortly be followed by massive dips. https://marijuanaindex.com/stock-quotes/canadian-marijuana-index/ One day the entire index is green and everyone in this forum is " so " positive and the next day the entire index is red and everyone is " so " upset. If you were luckly enough, like myself to take a massive position in Huge at an average cost of .15 and sold on Friday at .25, well you did very well.
I made a very large profit and when this dips and we all know that it will, I will go back in even heavy than before with a 1 Million share move at 15 cents to 18 cents. It will then spike again due to some random press release, spike to .25 maybe even .30 and I will sell and make another massive profit.
Then, I will wait until it dips and rest assured that it will and once it dips, I will buy 2 million shares and hold for a bit...
I get that people love " huge " what I don't get is how anyone on this forurm thinks it will not drop below .20cents again, it 1000000000000000000000000000000000000% will !!!
One press release based on fluff and the world goes crazy in this sector, days later than very same world gets nervous about the invest and pulls out...
and if it dips then sell. If it doesn't ant you got 1 more ignore and possibly a few more. What's the point of your post?
BTW... HABS are going to suck this year. This is a sure statement. You from Montreal? MTL? Constellation invested Billions into Canopy. DIAGEO is soon to be next to invest. You're telling me that there is going to be a massive correction when these alcohol giants invested billions and ready to invest another billion more. You high?