RE:31% drop from $.66 to $.455And please for f**s sake, spare me any replies I have heard 8000 times, that the shroom sector is not the same as MJ sector, and not as big, blah blah blah. I know. We know. Not saying it will be as big. But pretty obvious there are some similarities and that it will follow similar pattern, just on a smaller overall scale.
SamRothstein wrote: This is such an incredible stock for traders. Massive volume. A 31% drop in 2 days from $.66 to .45. After a 140% jump from $.275 to $.66 between Jan.13 and Jan.25. Not to mentin the large and numerous intra-day swings. So for swing traders or day traders this is great stock. I like it because I don't think you have to worry about being "bag holder" long term, even if your timing is off on a shorter term trade, as the overal trend for this stock is up and I don't think that will stop any time soon. A lot of room still to come for this entire sector to grow, before the eventual big crash and consolidation of sector, same as what happened with MJ sector.