[Money172375]

During covid, I found out more than a few of my neighbours are growing their own plants. These are folks who came of age in the 60s.

 

[Money172375]

Nice little run lately. I put some play money in this. Up 20%.

 

[Money172375]

Wow thanks I didn't even notice this has started running again.

There really seem to be several "mania" themes happening simultaneously. There's electric vehicles/batteries, genomics, and marijuana ... all rallying insanely at the same time.

If there is a belief that central banks will keep fuelling easy money and risk taking, and if HMMJ only started rallying recently, then it's possible it has a ton of upside.

I think some US states are moving to legalizing. NY?

 

[Money172375]

Up another 8% today.

 

[Money172375]

Up 12% today. Nice little run lately.

 

[Money172375]

Insane rally here! Congrats... are you still long?

Notice how well the 200 day moving average [red line below] works as a crude, but usually effective, indicator of whether you are in bull or bear mode.

View attachment 21223

Yes, it’s a long term hold for me. I’m up 60% but interested in seeing what happens in the US.

 

[Money172375]

Up 5% again today.....

 

[Money172375]

Now down only -7.5%! Green is in sight...

Up 8% today. You even now?

maybe I should take some profits.

 

[Money172375]

Yup, +4.6% now! This thing is flying. I'm setting a trailing stop now.

I’ve never tried advanced order techniques. What are you setting your delta too?

 

[Money172375]

Up 14% today. I need a lesson trailing stop vs trailing stop limit

 

[Money172375]

Do you intend it as a long term holding, or just a short term trade?

Long term.....it’s in a small locked in account. I took a flyer on it. I paid $8.65 for it. I think there is long term potential in the industry, but I also don’t want to ride this thing down back to 8 if I can take some profit and re-enter it lower. I think its all mania right now.

TDDI offers trailing stop and trailing stop limit. I think I understand them, but not 100% sure.
i was thinking about 20% trailing Order which it puts it around 13.50. does it make sense then to set the trailing limit to 20% with $0.50 variance So it goes to market at $13.50, but won’t sell less than $13.00? Am I’m that right?

this and disney were my gambling picks.

 

[Money172375]

Maybe I’m being greedy. I’m okay to hold it LT. But I also want to play. Obviously if I knew it was gonna tank 50%, I’d like to get out earlier and re-buy. I just think it’s run up too much too quickly.

 

[Money172375]

And down 20% at the open....

 

[Money172375]

Reverse split today 1-2