Unfortunately you'll have to be more patient than
Post# of 75014
(Total Views: 307)
Posted On: 03/15/2017 2:14:21 PM
Unfortunately you'll have to be more patient than many of us longs who've been loading up all the way down to the .025 to .05 range when nobody's radar was hyping it. LieHubbers were still predicting a sub-penny pps. Many refused to buy in that range, saying it had to be doing what it was when you jumped in. Just couldn't see the light or they were actually trying to drive it down farther, one or the other.
You bought heavy on Jan 20th according to this post investorshangout.com/post/view?id=4300962 , but RMHB was already up over 100% in two weeks and was quickly headed for it's peak of about 400% in about a month's time (hardly not moving up as you put it), and like most runs where people start jumping in at the top of the run, it gets overbought then corrects to support.
Nothing wrong with the stock, just gotta be careful about taking hype from all the new pumpers that come to the party to score on their mini pump and dump or as some of us say, flippin party.
Luckily for you and anyone else that thought it wasn't going to stop and correct along the way, this company is the real deal and it's stock WILL continue to climb as progress is documented. Corrections are normal and healthy.
Be thankful it didn't go WAY into overbought territory like the twenties or thirties as it did the first time, since many would have chased it much further then probably panicked and sold at a nasty loss when it corrected even harder well into oversold territory which it didn't do this time. This way you really haven't lost anything unless you sell while down, so relax and you'll see green again soon enough. Then lots of it.
I called the bottom too soon in 2015, but had full confidence that they were in possession of a gold mine. As a result I continued to add until my average was down under .05, and as a long term investment it's going to be worth a fortune. Just be patient and it'll make you some money.
You bought heavy on Jan 20th according to this post investorshangout.com/post/view?id=4300962 , but RMHB was already up over 100% in two weeks and was quickly headed for it's peak of about 400% in about a month's time (hardly not moving up as you put it), and like most runs where people start jumping in at the top of the run, it gets overbought then corrects to support.
Nothing wrong with the stock, just gotta be careful about taking hype from all the new pumpers that come to the party to score on their mini pump and dump or as some of us say, flippin party.
Luckily for you and anyone else that thought it wasn't going to stop and correct along the way, this company is the real deal and it's stock WILL continue to climb as progress is documented. Corrections are normal and healthy.
Be thankful it didn't go WAY into overbought territory like the twenties or thirties as it did the first time, since many would have chased it much further then probably panicked and sold at a nasty loss when it corrected even harder well into oversold territory which it didn't do this time. This way you really haven't lost anything unless you sell while down, so relax and you'll see green again soon enough. Then lots of it.
I called the bottom too soon in 2015, but had full confidence that they were in possession of a gold mine. As a result I continued to add until my average was down under .05, and as a long term investment it's going to be worth a fortune. Just be patient and it'll make you some money.
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