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Posted on 9/25/18 at 3:29 pm to el Gaucho
quote:
Damn y’all are getting me killed on the weed stock
Should of gotten in pre-$2.50. I'm pretty much even right now but this won't stay at $2.50 for long.
Posted on 9/25/18 at 3:35 pm to jimjackandjose
I've been in Namaste since around 1.25. I think there are a few issues - first, they have more fake news than SNL. It's a constant barrage of news release hype, hype hype, then the news is along the lines of "sean twisted his bun in the opposite direction today" or "we took the afternoon off and got high as frick". Meaningless crap a lot of times. Not a big deal, but the hype on the release gets everyone's expectations up, then the news is flat and the price does not skyrocket.
two, a lot of shareholder got in really cheap, way under $1 and have large holdings. It's hard not to sell shite off at $3/share when you paid pennies on the dollar. So every time the price goes up, there is a big selloff, the price then pulls back.
Last, there is a lot of manipulation with short sales I think. No real basis for that other than its what I think.
Every legit analysis has NXTTF seriously undervalued. The only negatives on it are the old conservative Wall Street types who are simply anti-pot and think that once it's legalized we will discover there is no real market for it because all stoners are loser hippy dipshits and the stock prices will tank. Let them think it.
It is kind of sad that on what should be huge news - first license issued - all we saw was a high of $3.20. But that's ok. Best I can tell, they'll be the first company with actual pot sale income, big cash on hand and very little debt. I'm sticking it out until at least October 18. I also hold out a glimmer of hope that it really is the AMZN of pot, and will hit $100 one day.
two, a lot of shareholder got in really cheap, way under $1 and have large holdings. It's hard not to sell shite off at $3/share when you paid pennies on the dollar. So every time the price goes up, there is a big selloff, the price then pulls back.
Last, there is a lot of manipulation with short sales I think. No real basis for that other than its what I think.
Every legit analysis has NXTTF seriously undervalued. The only negatives on it are the old conservative Wall Street types who are simply anti-pot and think that once it's legalized we will discover there is no real market for it because all stoners are loser hippy dipshits and the stock prices will tank. Let them think it.
It is kind of sad that on what should be huge news - first license issued - all we saw was a high of $3.20. But that's ok. Best I can tell, they'll be the first company with actual pot sale income, big cash on hand and very little debt. I'm sticking it out until at least October 18. I also hold out a glimmer of hope that it really is the AMZN of pot, and will hit $100 one day.
Posted on 9/25/18 at 3:36 pm to rowbear1922
quote:
Looks like I'll be buying more NXTTF tomorrow if it stays below $2.50
My limit order is getting way closer to executing than I expected in ~6 hours of trading today.
caused a -16% decline today... 
Posted on 9/25/18 at 3:37 pm to rowbear1922
quote:
Should of gotten in pre-$2.50. I'm pretty much even right now but this won't stay at $2.50 for long.
I got in at ~$2.42 so I'm basically even.
Posted on 9/25/18 at 3:38 pm to rowbear1922
quote:
I definitely should of sold yesterday at 20% and bought back in today.
I've just been holding and adding. I decided today, next time it takes a big jump, to sell then buy back, because it always seems to have a nice pull back. That said, at some point I think there will not be a pull back.
And, if I'm still up 40% after a terrible day...
Posted on 9/25/18 at 3:43 pm to rowbear1922
Can I buy more today? It looks like the market is closed
Posted on 9/25/18 at 3:45 pm to lynxcat
quote:
I got in at ~$2.42 so I'm basically even.
Same. I expect a big check soon too so I may have to buy a few hundred more shares if it's still sub $2.50.
Posted on 9/25/18 at 3:47 pm to BrotherEsau
quote:
I decided today, next time it takes a big jump, to sell then buy back, because it always seems to have a nice pull back.
My exact thought earlier between this and LVVV. Keep a super close eye in order to put an order in before the sell off begins. Sell, wait for drop, gain more shares for the next time.Posted on 9/25/18 at 3:49 pm to el Gaucho
Can try buying on the extended hours market...the bid-ask spread widens a lot after hours so you should not place a market order.
Posted on 9/25/18 at 3:52 pm to lynxcat
It won’t let me place anything besides a limit order
If I put in a limit order for 2.40 and it goes to 2.30 will I get my order filled for 2.30?
If I put in a limit order for 2.40 and it goes to 2.30 will I get my order filled for 2.30?
Posted on 9/25/18 at 3:56 pm to rowbear1922
quote:
My exact thought earlier between this and LVVV. Keep a super close eye in order to put an order in before the sell off begins. Sell, wait for drop, gain more shares for the next time.
I've said it a few times though, then I buy into the hype and can't bring myself to do it. I may just sell 500 shares next time. If I can do that at $3, then buy back at $2.50 I'll add 100 shares. Since I'm otherwise out of money, and I really want to have like 3,000 shares, I'll try to stick to the plan. Problem also is I don't know shite about how to predict these things. New to the stock game, and keep explaining to myself that i cannot get used to 40% gains.
When it hits $1,000 though, I'm fully out.
Posted on 9/25/18 at 4:04 pm to BrotherEsau
quote:
I've said it a few times though, then I buy into the hype and can't bring myself to do it. I may just sell 500 shares next time. If I can do that at $3, then buy back at $2.50 I'll add 100 shares. Since I'm otherwise out of money, and I really want to have like 3,000 shares, I'll try to stick to the plan. Problem also is I don't know shite about how to predict these things. New to the stock game, and keep explaining to myself that i cannot get used to 40% gains.
When it hits $1,000 though, I'm fully out.
I'm still really green to it. I previously had bought stocks in companies I worked for but only recently really investing extra money. I've bought a couple blue chips and just let them do their thing with DRiPs. Some of these speculatory stocks I've done a lot more research and truly think I'll see some kind of gain bigger than 10% like rest of stock market. I only have ~16% in pot stocks but I think I'll get the greatest return from them...I do think by Q1 of 2019 NXTTF will be ~$10. If that does happen, I'll have a stop loss ready at 10%.
ETA: If it's a spike like yesterday, I can buy right back in with a lot more shares.
This post was edited on 9/25/18 at 4:06 pm
Posted on 9/25/18 at 4:53 pm to rowbear1922
I definitely take the cake on biggest loss of the day! I bought the whole dip down and lost $4k on the day
Posted on 9/25/18 at 5:03 pm to African Japanese
Dang
Y’all told me to buy it and I immediately lost 150 but my Amazon came up and I made like 20 bucks overall
Y’all told me to buy it and I immediately lost 150 but my Amazon came up and I made like 20 bucks overall
Posted on 9/25/18 at 5:07 pm to el Gaucho
Just have patience. Some big investors are pushing the price down before it goes to the nasdaq. They are loading up on all the weak hands shares.
Posted on 9/25/18 at 5:42 pm to African Japanese
When do you think it goes to the nasdaq?
Posted on 9/25/18 at 5:43 pm to African Japanese
I appreciate some of the volatility, but I can't handle it the way some of y'all can
I have around 1% of my portfolio here and that's enough for me right now. I can't imagine the ride of 15-20% of my portfolio going on this ride on a daily basis.
I have around 1% of my portfolio here and that's enough for me right now. I can't imagine the ride of 15-20% of my portfolio going on this ride on a daily basis.
Posted on 9/25/18 at 9:03 pm to African Japanese
Damn! I mean I wouldn’t worry about 1 day but I’m sure that hurts.
You did take the bait on that stock full hook, line and sinker.
You did take the bait on that stock full hook, line and sinker.
Posted on 9/26/18 at 6:34 am to rowbear1922
SPRWF today
signed a 12m deal with tilray
still on WSRA as well
signed a 12m deal with tilray
still on WSRA as well
This post was edited on 9/26/18 at 6:44 am
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