Glad I bought 50K more shares Thursday afternoon.
Post# of 75010
Posted On: 04/17/2015 12:39:14 AM
Glad I bought 50K more shares Thursday afternoon. I kept debating whether .19 was too high of a price to purchase at, but I still believe that anything below .50 is a bargain. I'm still long with a $1 target by end of summer.
Tepsdabe: There has been a lot of posts on here about people trying to time the market and get in and out at the right time. I got burned twice a few weeks ago (before I joined this bulletin) by trying to get in and out of THCZ. After joining the bulletin I've been holding and adding small amounts as the funds become available, which has proven to be a better strategy so far. The bulletin has helped me to see the community that has grown around the stock and the die hard faith that people have in it. It brings as smile to my face everyday to see people sharing thoughtful opinions and support for one another.
In an attempt to share some wisdom with you, let me say this: The price is likely to jump tomorrow (Friday) because 1) the Skull is gone (YEAY!), and 2) there has been a steady accumulation of purchase volume over the past day or so (indicating an increasing interest in the stock). If the price goes up, the short sellers will be pressured to close their positions, which should put upward pressure on the price. If you try to buy in the first 30-60 minutes, you may have difficulty fulfilling your order if your broker is bombarded with "buys". That will contribute to the price rising. If I were you (assuming you want to purchase more), I would hold off until an hour or two into the trading day to see if the price falls a little off of its high. It may or may not. New short positions will be trying to gobble up shares at the high and then waiting for the price to drop. So if you buy at the high, you stand a good chance of it dipping a little before it continues its upward roar next week.
It will be a glorious day if the price closes above .25, and a pretty good day if the price closes above.2.
Best wishes on your trades, Tepsdabe. We're all in this together till the sweet end.
Tepsdabe: There has been a lot of posts on here about people trying to time the market and get in and out at the right time. I got burned twice a few weeks ago (before I joined this bulletin) by trying to get in and out of THCZ. After joining the bulletin I've been holding and adding small amounts as the funds become available, which has proven to be a better strategy so far. The bulletin has helped me to see the community that has grown around the stock and the die hard faith that people have in it. It brings as smile to my face everyday to see people sharing thoughtful opinions and support for one another.
In an attempt to share some wisdom with you, let me say this: The price is likely to jump tomorrow (Friday) because 1) the Skull is gone (YEAY!), and 2) there has been a steady accumulation of purchase volume over the past day or so (indicating an increasing interest in the stock). If the price goes up, the short sellers will be pressured to close their positions, which should put upward pressure on the price. If you try to buy in the first 30-60 minutes, you may have difficulty fulfilling your order if your broker is bombarded with "buys". That will contribute to the price rising. If I were you (assuming you want to purchase more), I would hold off until an hour or two into the trading day to see if the price falls a little off of its high. It may or may not. New short positions will be trying to gobble up shares at the high and then waiting for the price to drop. So if you buy at the high, you stand a good chance of it dipping a little before it continues its upward roar next week.
It will be a glorious day if the price closes above .25, and a pretty good day if the price closes above.2.
Best wishes on your trades, Tepsdabe. We're all in this together till the sweet end.
(0)
(0)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
Scroll down for more posts ▼