JTH's Account Talk

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JTH said:
I like today's price action, it appears to be stable, perhaps the bounce is beginning...
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I agree with you my friend but I may need 1787 to be broke. I'm still thinking about putting 25% in before jobs report and 25% after or just wait until after to enter 50% and save an IFT.:confused:
 
Bquat said:
I agree with you my friend but I may need 1787 to be broke. I'm still thinking about putting 25% in before jobs report and 25% after or just wait until after to enter 50% and save an IFT.:confused:
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Folks are getting into position for the jobs report now...
 
Unfortunately this market has the excess potential to rocket right back to 1850 in zippo time - I'd prefer a grind up that takes several months so I can collect some golden prices with my dividends. That's my greed talking. If we do put in a big V then margin comes back around with sweet buying power - so I'm in the cat bird seat for now. I'll gladly not look that darn horse in the mouth.
 
RealMoneyIssues said:
With today's action, are you concerned?
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The vast majoriy of penny stocks fail to become bigger fish, many of those that do well are pump and dump, so my expectations are already set pretty low. We already knew HEMP was losing momentum, I do think it was impressive that buyers stepped in at the .17cent level. This thing may have one more round left in it, but I honestly have no idea how this will play out. As long as the Feds stay out of the way and States enact pro Mary Jane legislation, we should do well. Pandora's box has been opened...
 
JTH said:
The vast majoriy of penny stocks fail to become bigger fish, many of those that do well are pump and dump, so my expectations are already set pretty low. We already knew HEMP was losing momentum, I do think it was impressive that buyers stepped in at the .17cent level. This thing may have one more round left in it, but I honestly have no idea how this will play out. As long as the Feds stay out of the way and States enact pro Mary Jane legislation, we should do well. Pandora's box has been opened...
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A guy at work bought like $28,000 worth of RFMK because he saw Jim Cramer tweet about it or something and he is up like $50K he said in it. I think he got into it at .0032 the other day and it closed today at .0061. I tried to buy some through my broker (Options House), but they won't let you purchase OTC stocks that are less than 10 cents. I told him to sell it, but he said he is going to wait lol. He said if it were to hit like a penny he would make over a million bucks...guess he can hope for it. :)
 
MaStA said:
A guy at work bought like $28,000 worth of RFMK because he saw Jim Cramer tweet about it or something and he is up like $50K he said in it. I think he got into it at .0032 the other day and it closed today at .0061. I tried to buy some through my broker (Options House), but they won't let you purchase OTC stocks that are less than 10 cents. I told him to sell it, but he said he is going to wait lol. He said if it were to hit like a penny he would make over a million bucks...guess he can hope for it. :)
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He should sell half to get some profits now... its extended and if you look at the volume it looks like it might be running out of buyers... you know what happens then...
 
RealMoneyIssues said:
He should sell half to get some profits now... its extended and if you look at the volume it looks like it might be running out of buyers... you know what happens then...
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He doesn't listen and he doesn't know what he is even looking at. He is just throwing money into the wind and hoping it flies.
 
MaStA said:
He doesn't listen and he doesn't know what he is even looking at. He is just throwing money into the wind and hoping it flies.
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I know some people like that, but I had a lengthy discussion with someone in my class about HEMP and with JTH in it, I had to take the plunge... The guy in my class is in it from 0.08 and is probably going to make more on this stock than his W-2 shows... but that is his tax problem ;)
 
HEMP, I'm either going to love it or hate it. It really irks me that I can't get decent TA on it, I wouldn't stay in under .17 if I could ride it up to .39 that'd be fine by me.
 
JTH said:
HEMP, I'm either going to love it or hate it. It really irks me that I can't get decent TA on it, I wouldn't stay in under .17 if I could ride it up to .39 that'd be fine by me.
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In at 0.22 (lowest I could get today... wasn't fast enough) but I already have a limit order at 0.3399 to sell half, then I will see what happens... I will probably just let it ride...
 
RealMoneyIssues said:
In at 0.22 (lowest I could get today... wasn't fast enough) but I already have a limit order at 0.3399 to sell half, then I will see what happens... I will probably just let it ride...
Click to expand...

you love playing with fire huh? NUGT and DUST wasnt enough for you to think about volatility?
 
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