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re: RTON is making a huge move today (Weed stock)

Posted on 6/25/21 at 9:45 am to
Posted by jchamil
Member since Nov 2009
16484 posts
Posted on 6/25/21 at 9:45 am to
quote:

Looks like everything is current with respect to financials. Looks like time for me to get out.



$12 from break even, guess it's time to bail
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31110 posts
Posted on 6/25/21 at 12:03 pm to
Holy shite! I'm in the green on this thing!

Double the average volume already today.
This post was edited on 6/25/21 at 12:04 pm
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 6/25/21 at 1:41 pm to
I can’t believe I broke even as well. Was a loooooong time coming. I feel like I won the lottery.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31110 posts
Posted on 6/25/21 at 1:47 pm to
You bailing? I'm gonna hold and see what happens.
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 6/25/21 at 1:51 pm to
Multi day runner. I think it’ll dip again after this week. If so, I’ll stick my toes back in. It’s got a lot of potential.
Posted by Stagliano
Member since Dec 2020
1653 posts
Posted on 6/25/21 at 6:53 pm to
This thread still lives

I would buy stock in a child trafficking company before I bought anything associated with this jackass
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 6/25/21 at 7:01 pm to
quote:

So I had to aggressively buy into this (emotional overreaction, and misunderstanding their financials) to average down. I wasn't able to sell today, but as it stands, I'm up 16%. I had intended to sell, but got caught up in something else. I don't see it as a crisis, and should be able to get out with a small gain at some point early next week. For one, there were no surprises in the financials. I knew it was a fake company going in. They almost always are. And the financials actually showed significant improvement in areas that will carry this through the short term. The short term being long enough to get me out of this.

All of these are the same, you get up, you sell, and you forget it and move on. If it goes bad, like this one looked like today, you make a decision to either buy into the fear, or dump at a loss. I decided the later, and if I get out next week, this will have proven to be a correct decision. Where it stands today doesn't make my decision correct, or incorrect, becuase it is an unrealized gain. The only gains that ever matter are realized gains. And that's my fault as I got busy and couldn't unload at .0045.

It's been fun. FWIW, all the other pennies on here, some of which I'm in, are exactly the same as this stock.


So I thought I'd be out with a decent gain in April. Took a bit longer than anticipated, and I bought into the fear, but overall, pretty good return for 60 odd days.

Ah well, it goes like it goes.
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 6/26/21 at 2:46 pm to
Strong words. Sheesh. I am happy to have broke even however.
Posted by Stagliano
Member since Dec 2020
1653 posts
Posted on 6/26/21 at 2:53 pm to
Being dramatic obviously. I took multiple roller coaster rides with this idiot and his constant failed promises. I am very glad however that you were able to recoup your investment. Many can't say the same. I was fortunate as well
Posted by Richleau
Member since Dec 2018
2384 posts
Posted on 6/26/21 at 3:05 pm to
Well I feel bad for those who were taken on the coaster as well. More fuel to add to my Humbl shares! Now there’s a company that will offer early retirement for this tired bartender!
Posted by Stagliano
Member since Dec 2020
1653 posts
Posted on 6/26/21 at 5:01 pm to
Former bartender here, salute. Still pull a weekend shift every blue moon for a quick 500 bucks and to mix it up a little

I swing traded Hmbl a little several months back. Not to hijack, but are there new developments changing people's outlook
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
1988 posts
Posted on 6/26/21 at 5:43 pm to
The Rob Luna connection?
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25979 posts
Posted on 3/1/24 at 10:18 pm to
Just for shits and giggles I figured it was time to resurrect this RTON thread since its trading at .068 now.

Patience pays off.
This post was edited on 3/1/24 at 10:43 pm
Posted by slackster
Houston
Member since Mar 2009
84856 posts
Posted on 3/1/24 at 11:17 pm to
quote:

Just for shits and giggles I figured it was time to resurrect this RTON thread since its trading at .068 now. Patience pays off.


They had a 1-250 reverse split. Not sure if serious.
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