Another day, another few cents. Looking forward to the next leg up. Seems close, and last nights after hours buys of multi-million share blocks at 3.20 bode well for today. Time will tell
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Another day, another few cents. Looking forward to the next leg up. Seems close, and last nights after hours buys of multi-million share blocks at 3.20 bode well for today. Time will tell
Morning RAD and All
Hope SIRI tacks on a few today. Would be nice to re test the highs and possibly break through tomorrow or Friday.
What are you doing with MJNA right now RAD. I have missed entry a few times and really want in but it is back up close to the highs of a week or so ago. Are you holding or are you looking for a lower entry point again?
Accumulating on dips at this point, not planning to sell for now. Too much upside to miss despite the possible down which I feel will be less than the up. Last buys were last week a couple times in at .26 and .27 for MJNA. Also gout some HEMP at .06 and CBIS at .07. Looking to buy some PHOT, essentially the only maker of hydroponic systems designed for organic Med Mar, and a company with revenue and earnings, like MJNA, and unlike HEMP and CBIS which I also bought last week. May well be some more dips, missed a good one on PHOT Monday but I was isolated digging out at the beach and could not see the markets. Of these all CBIS has liquidity but prob just riding the coat tails of MJNA and not so sure about it short term. HEMP similar but a high profile CEO and decent news here and there. PHOT and MJNA are the stars. MJNA is marching up with regularity now and less of a pump and dump pattern, and I like what I see. Holding, accumulating on dips.
What I do, and it usually has been pretty good, is place a market order when I think we are bottoming out and see what I get. when I was placing limits, as I ALWAYS due with pink sheets, they were not hitting and every stock except CBIS the prices I got were very good, and I GOT IN, which is the key, and have made significant gains. You cant win if your not in. I am hoping to hold for at least a year and see where this market goes. I am trading in a cash account and have already made half what I made all last year on executed trades this year and need to chill on that. I just need to tolerate the dips for hopefully future bigger gains. Could be the big one, but as the wifey says, could be a big goose egg too, but I doubt it. This industry is about to be born and I am in it in it's infancy, heavily, like I did with SIRI (not quiet to THAT degree, but I will continue to accumulate more).
I still like ONVO long term, and great to swing trade (look at last two days). Of course I have a big chunk of SIRI, bought a bunch of Apple in the 4's which should bring good dividend income and growth eventually, a little FSLR thanks to Sly, wish I had more, and a growing sector of Med Mar green stocks which due to growth are becoming a bigger and bigger percentage of my holdings.
Go Green!
'mornin guys. Early indications here tell me it's going to be another good day. Looking at the SIRI charts in pre market, my "Stikky" trained eye shows we are in an ascending channel with increasingly higher volumes, MACD beginning to turn up, and Slo Sto now definitely spiking upward. I'm thinking the 3.25 tops will be broken this week.
I couldn't partake of MJNA due to the TDA "chill" restriction which I still don't fully understand, but I did find, researched, and decided to bite on a company in the same industry. PHOT apparently manufactures the building facilities which promote healthy growth of plantlife. (I wonder if they chose that symbol thinking that is how you say "POT" if the H is silent... :out:)
My wifey added SBUX to her portfolio a few days ago when it again bounced off the lower trend line. I'm laying in wait for GMRC to do the same in a few days.
Here's our opening chart for SIRI today.
EDIT: PS, I forgot to mention (gloat) on the outstanding success with FSLR. I foresee a continual upward movement well above $40 before it takes a breather. PPS. Just take a look to where it came from early last summer (11.43).......what a mover.
Thank goodness for SIRI and PHOT here in the early going. Without them my slate would be totally red. I guess the market didn't think too highly of the anointed one's message last night (which I didn't waste my time watching btw). I was more tuned in to the burning fugative :annoyed:
I like MJNA and PHOT. PHOT has moved up the most recently but still a dime compared to 5x that for MJNA. Both have revenue and earnings. MJNA safer, but Prob more risk and reward with PHOT.
Also, right NOW, a little dip post opening pop for MJNA, but still at early and bigger peak for PHOT. PHOT seems to be really hot right now, Med Mar green stock with revenue and a 10 cent price is attractive I guess.
Well look at SIRI run. Sometimes when you ignore your child it performs very well to get your attention. LOL
I just took a peek at RSI for MJNA and PHOT (76 and 79, respectively) which tells me that both are on the cusp of a correction. So, I'd say that if anyone is thinking of finding a decent entry point, just be patient another day or two. IMHO.
It is still possible that DDD makes a run at it's 52 week high before starting wave C. The key will be to watch and see if DDD breaks above 68.44. It just might not have started wave C yet.
FSLR is a great trading stock. $1-$2 swings sometimes daily. Its been on some run the last week. Seems over bought and I think it may head down towards the 50 MA before it heads up. Look forward to that $40 sometime in the near future tho....
Sold 10000 of SIRI at 3.23....usually can't get the high of the day that prolly means its going higher.
I suppose if you are a day trader, those frequent one and two buck daily swings are attractive. Personally, I'm using FSLR as my proving ground for what I think the Stikky book is preaching............ that being primarily play the bounces off of the lower and upper trend lines. I've been quite successful (lucky) so far with FSLR, BAC, SBUX, and a couple of smaller ones. I'm thinking also that it is not overbought as I view RSI having taken a downturn in the last day and is at 59.63.
I too have four blocks of SIRI on the bid at 3.23 but for some reason they've not hit yet. I need to free up some resources to take advantage of a buy opportunity on AMT and soon to be on GMCR. A pal put me on to Phillop Morris two weekends ago, but it has literally gone ballistic since then. Once it comes out of the stratosphere I may try to pick some of that up for a long-term hold in my only account which is not tax deferred. Also PM pays a dividend which makes it attractive for a long position, IMHO.
MJNA BIG drop just now, rebounding...
how do I get real time data on MJNA (google delayed 15minutes)
Thanks for the update Bass! It has bounced off of the lower trend line twice, yesterday and today.
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I said I would hold but sold all my green earlier this am, I just cant help myself!. It is down a bit since, I think a day or two of consolidation, need to breath a bit, I may be wrong and any news can make it pop, but I a ready with dry powder.