Post by
iTrader2K on Dec 28, 2020 4:07pm
Potential Bull Trap
The OTC indicators could be a false signal. Big gains on nothing. I have a large position already, but I'll be holding any further buying until I see a definitive reversal.
Comment by
SamRothstein on Dec 28, 2020 4:23pm
Fair enough. What would you consider to be a definitive reversal?
Comment by
iTrader2K on Dec 28, 2020 5:53pm
Modest gains. 20% up one day, down the next has me nervous about adding. Once I see the SP stabilize (pre Dec 14) we can better evaluate FV. As it stands there's too much volatility to add considerably. GLTA
Comment by
bukobucks on Dec 28, 2020 9:40pm
I added more last week. Anything under 30 cents is a buy, won't likely get any that low from now on. Buko
Comment by
Northerencents on Dec 29, 2020 8:48am
Doubt it, Numi is halted this morning pending news....the whole sector likes anyone's developments
Comment by
FLYxKNIGHT on Dec 29, 2020 9:00am
Agreed. Most companies will feed off of the news of rivals. Happend with the MJ sector I see many similarities with the PHYCS.