RE:RE:i cannot believe we're here again! thats right "guys who buy in late become bagholders." It was evident when IS begged reddit to come in after realizing that most retail are pretty much bag holders w no more funds to spare hence the dismal presence on here over the past week. No more powder as they say.
Ghostinthedark wrote: Buy and hold and become a bagholder does NO work with all these speculative pot stock ( no profit history)
The street and daytraders run the stock up and downd.
Retailers think OMG, better buy in or miss out.
You must learn to read a chart and MOVING average
We are in a downtrend
with a high of $27.7...
And now $$22.10 or whater
It's all a game---they run the stock up, and then short the stock
guys who buy in late become bagholders.
I just bought 300 at $22.30
and will hold until another runnup
Resistance---$27.75...
Support---todays low, or closing price.
As soon as you see a higher high at close of day
compared to previous day's close
You have a potential trend reversal