CASH IS (and always will be) KING!I havent posted in a while because quite frankly I dont think the LONGS were have wanted to hear what I was going to say and thats the simple fact that SCR has been downtrending since falling below $0.80
As stated in previously posts a week or two ago, I felt that if we didnt hold $0.70 could fall back to $0.60
Given todays MASSIVE VOLUME, I believe a combination of two things transpired:
i) A large number of people got hit with "margin calls" and were forced to liquidate... given the fact that score stock ticker has been stagnant for a while now, I believe a number of people choose to sell Score
ii.) Technicals- people who have any TA skills would have been able to draw simple line, along with Support/Resistant levels realizing that after falling below $0.70 had a possible 10% additional drop to go.
ALL OF THIS SAID, I BOUGHT 4,000 SHARES IN LAST HOUR OF TRADING @ $0.64
TOMORROW I MAY SELL ANOTHER 100-200 SHARES OF TVIX I BEEN RIDING VERY NICELY TO SCOOP UP ANOTHER 5-10K SHARES IF WE DO DROP TO THE $0.60 LEVEL.
Hopefully rumours will begin to spread about Canadian legalization and start seeing some New Buyers jump in at these levels...
GLTA HOLDING! Believe 100% we will be smashing through a buck come spring/summer!
Been a slow roll out of states, but I honestly believe in the end, it will work in Levy and Scores favour!!! This is a LONG TERM HOLD, so if you are feeling impatient, STOP FN WATCHING THE STOCK and come back in 2-3 months as anyone who has done their due dilience should know we are valued at AT LEAST $0.70-$0.80 minimum given our projected revenues and PP price ($0.75!)