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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

Mistake I made last time it got to .30, was that I

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Post# of 75384
Posted On: 04/21/2015 10:28:08 AM
Posted By: sage739
Mistake I made last time it got to .30, was that I tried to sell and then get back in at a lower price.

I ended up chasing the price on the sell order down to .70. And when I tried to buy it back I ended up chasing the buy order price up to .13. That blunder cost me half of my shares.

Now, as THCZ approaches $.30 again, it's turning out to be a $30K mistake.

I learned my lesson, and am holding long and strong ever since. That has been the best strategy. The price is going to have upswings and downswings, but I believe LiveInvestments post is correct that this can reach $10-$20 by end of summer.

Jones Soda trades on the OTC and they went from $.30 to $30 during its 2003-2007 infancy.

Now I'm kicking myself for doubting THCZ at the beginning when the CE showed up. THCZ has proven that it can recover from its weaknesses and build upon its strengths.

And additionally, everytime someone buys shares and commits to holding those shares for a long period, they establish a support level for the stock. As more and more people buy shares at higher prices, and commit to holding them long, the support levels for the share price keep rising. You can see that happening in the charts for THCZ. The more people that hold long, the more support the price has and the less likely it is to fall. (Just one more reason to choose a long position over a quick-in and quick-out).

Continued success, upward and onward. Long and strong.


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