How to make money on HEMP: I agree that the ongoin
Post# of 990
(Total Views: 1140)
Posted On: 07/30/2019 1:57:43 PM
How to make money on HEMP: I agree that the ongoing prospect for this company looks dim right now. But again, I am not in penny stocks for long term investment/retirement goals. I believe the way to play this is to acquire as many shares as you can when its low, and then turn around and sell them when they go up.
I am attaching a graphic of HEMP's up and down prices for the past few years. There will always be a group of investors jumping on this stock when some positive news comes out. And there will be investors bailing when the negative messages pile on there message boards.
The pink line shows the upward and downward oscillations. The green boxes show periods when investors became temporarily bullish and poured money into the stock. I believe we are primed for another bullish round within a few weeks.
So the best thing to do is to forget how dry or pathetic Bruce's plants look, and think about buying low and selling high. Look at it from a purely statistical standpoint. If you acquire a massive position when it is low, and sell that when it goes up again, then you can earn decent returns in a few weeks or months.
I'm sure the share price will hit .020 again in September or October before resuming it's downward oscillation.
(1 image attached)
I am attaching a graphic of HEMP's up and down prices for the past few years. There will always be a group of investors jumping on this stock when some positive news comes out. And there will be investors bailing when the negative messages pile on there message boards.
The pink line shows the upward and downward oscillations. The green boxes show periods when investors became temporarily bullish and poured money into the stock. I believe we are primed for another bullish round within a few weeks.
So the best thing to do is to forget how dry or pathetic Bruce's plants look, and think about buying low and selling high. Look at it from a purely statistical standpoint. If you acquire a massive position when it is low, and sell that when it goes up again, then you can earn decent returns in a few weeks or months.
I'm sure the share price will hit .020 again in September or October before resuming it's downward oscillation.
(1 image attached)
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