RE:RE:Holy Cr@pola !!Amigo, I have no idea. I need to sit and watch what VLNS does early next week. I have a couple of open buy orders at $1.65 that I placed early last week, but I dont expect those to fill given that we're back over $2. I have my "fake" sell orders at $6, just to try to block shorters, and that's all I have open right now.
The year-end results are a big question mark in my mind, but they're still weeks away so in the short-term they're not affecting my day-to-day strategy. $2 is kind of a critical psychological price point... I think what's happening in the US is a catalyst, but WTF is happening down there? Everyone is focussed on what happens during the final 11 days of the Trump presidency, so I dont expect any announcement from the Dem's about moving forward on pot de-criminalization, whcih would obviously be a positive. Thing is, as we all know, this company releases a steady stream of positive news, so that's a wild-card as well - a minor but positive news release can come any time.
Right now, it's wait and see what happens Monday morning.
KTMFan387 wrote: KelownaClown: What do you think it could dip to? I sold some of the VLNS I picked up in the $1.60s and %1.70 when it got over $2, ie. $2.04 and $2.09. I'll pick more up if it dips again, I'm thinking putting orders in for low $1.80s, $1.70s, and $1.60s. I doubt it makes it that low again, but if it does I want to be ready.
Like you, I'm trading with a small portion, and holding a larger core position. I'm just doing it on a much smaller scale than you :)
KelownaClown wrote: Effin' h3ll, just made out like a bandit on GBLC. I was holding 250,000 shares I'd bought at 4.5 (four and a half cents) - thing had bottomed out for months and months at .015-.02 and just went nuts yesterday afternoon. After thinking that was another 10 grand down the drain, I just sold the whole 250K at 9 cents - woo-hoo! It's sold 35 million shares so far today, and 17 million yesterday. That's an 11 G profit, plus I have the original investment back, this is looking a lot like 12,000 shares of VLNS on the next dip - come to poppa!!!
Man, this has been the best week of trading in a loooong time !!