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re: Let’s talk weed stocks in this thread

Posted on 3/27/19 at 7:33 pm to
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7472 posts
Posted on 3/27/19 at 7:33 pm to
quote:

First, we made decent movement despite low volume.


Yes. Volume was about 3/4 of average. But a big run up on low volume isn’t great. It means it can come down just as quickly.

Any word on the next earnings announcement?
Posted by TigrrrDad
Member since Oct 2016
7170 posts
Posted on 3/27/19 at 8:26 pm to
quote:

But a big run up on low volume isn’t great. It means it can come down just as quickly


And at times it has. But usually when it goes up, it’s because there was a major announcement (like a new license) and volume is in the 2.5-4 million range. We don’t usually go up this much on low volume days. Sellers are holding tight, and around 90% of today’s volume was “buy” volume. Good week that shows LVVV is a tightly coiled spring ready to take off on the right run of news.

GVT knows what’s up.
This post was edited on 3/27/19 at 8:27 pm
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