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re: Let’s talk weed stocks in this thread

Posted on 12/21/18 at 5:26 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
35373 posts
Posted on 12/21/18 at 5:26 pm to
An 18k trade makes that much difference? Good lord
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30979 posts
Posted on 12/21/18 at 6:18 pm to
quote:

Someone dumped around 1,000,000 shares of LVVV in a two minute span this evening for between .018 - .0138.


I bought too early today, bought some at .02.
Posted by TigrrrDad
Member since Oct 2016
7116 posts
Posted on 12/21/18 at 7:24 pm to
quote:

An 18k trade makes that much difference? Good lord


The stock typically only trades around a million shares a day, so it doesn’t take much to sway it. At these bargain basement prices it has been trading 2-3 million shares/day.

So if someone has a few million shares to dump, they are in the driver’s seat.
This post was edited on 12/21/18 at 7:27 pm
Posted by 7LSU7
Member since Sep 2016
1084 posts
Posted on 12/21/18 at 8:59 pm to
Where’s the best place to buy LVVV?
Posted by TigrrrDad
Member since Oct 2016
7116 posts
Posted on 12/21/18 at 9:34 pm to
I use TDAmeritrade. They charge $6.95/trade. Not sure if it’s the best one, but I find it easy to use.
Posted by 7LSU7
Member since Sep 2016
1084 posts
Posted on 12/21/18 at 10:49 pm to
Thanks
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/21/18 at 10:59 pm to
I’m contemplating getting in on some shares. Do you think it’s hit the bottom?
Posted by TigrrrDad
Member since Oct 2016
7116 posts
Posted on 12/22/18 at 12:49 am to
Wouldn’t be shocked if it dips a bit more because the sector and the market in general are doing bizarro world type shite right now. But if you can grab any in the teens, grab it. Eventually it will pop. It’s so cheap right now, I wouldn’t take the chance of missing out on these cheapies. Grab some, and if it drops more, buy some more.

There’s tax loss selling and someone dumping a crapload of shares that probably just became unrestricted that keep driving it lower, but the CEO may throw some news out to try to stop the bleeding, I think he has been slow-playing the hype until the uplisting is official, as well as waiting til after the first when more people are buying, but he just might intervene before then to try to slow the dip.

My average is down to .036 on a tad over 300K shares right now and I’m still extremely happy with that. I’m not worried that I’m down over $5K - I’m just happy that I have been able to grab more at these prices. If I had the chance of entering the game in the teens, I wouldn’t be able to contain myself.

ETA: Whatever money you put into it, do it with a plan of holding until at least the summer. Buy and hold based on the company’s plans, not based on the charts.
This post was edited on 12/22/18 at 12:59 am
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/22/18 at 12:56 am to
Thanks for the insight. I’ve just recently started investing in the last month and have been reading this topic the whole time very interested but never thought about buying in til recently. Going to try to get 100k Monday morning before they shut down at noon
Posted by TigrrrDad
Member since Oct 2016
7116 posts
Posted on 12/22/18 at 12:59 am to
Smart move.
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/22/18 at 1:14 am to
I’m not looking for a quick return so like you said waiting it out and watching it through the summer will be an interesting ride
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30979 posts
Posted on 12/22/18 at 10:42 am to
quote:

I’m not looking for a quick return so like you said waiting it out and watching it through the summer will be an interesting ride


Same here, I would be thrilled if it hit $1-$2 a share.
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 12/22/18 at 2:14 pm to
Be shocked if it gets that high, but I think .40 is realistic in 2019.

I’m probably out at that point regardless
Posted by Sho Nuff
Oahu
Member since Feb 2009
11915 posts
Posted on 12/22/18 at 6:17 pm to
Eh frick it, I just put an order in for 50,000 at $.017.
This post was edited on 12/22/18 at 6:18 pm
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/24/18 at 9:26 am to
This morning it dropped to $.013 but has climbed back to $.017. I’m sure it will keep fluctuating
Posted by Cwar11
Shreveport
Member since Jan 2010
2291 posts
Posted on 12/24/18 at 10:08 am to
back down to .0145 right now.
CGC has taken off today, up 1.50 from opening right now
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/24/18 at 10:14 am to
Yeah I noticed CGC had taken off, it has fallen off the last week or so, hopefully it can trend back up
Posted by Sho Nuff
Oahu
Member since Feb 2009
11915 posts
Posted on 12/24/18 at 7:36 pm to
quote:

This morning it dropped to $.013 but has climbed back to $.017. I’m sure it will keep fluctuating

Strangely enough I edited my order down to $.013 yesterday and it didn’t hit today so it expired. Will probably set it at 13 again on Wed.
Posted by SWLA92
SWLA
Member since Feb 2015
1838 posts
Posted on 12/24/18 at 9:13 pm to
When I saw it I guess technically it wasn’t $.013 it was $.0131 so maybe that’s why.
Posted by TigrrrDad
Member since Oct 2016
7116 posts
Posted on 12/27/18 at 9:28 am to
Any of you guys get your cheapies before the end of the tax sell off?
I’m trying to grab another 75-100,000 shares today.
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