Entry comments: Bought this earnings winner thats held its gains, breakout is 7.85-7.90, I expect 8s today given that its a former runner and they had great earnings news even for the quarter when coffee was down, coffee is now surging so I expect another big multi-day run as veteran traders remember this play, ideally sell half or all in the lows 8s today, mid to high 8s next week
Exit comments: This moves SO weird, just took out new afternoon highs at 8.12 so I was dead on, but big buyers take out the day highs then there are sells at the bid, when in doubt get out, this is being traded by hedge funds and trading robts, not my kind of stock, will look to re-buy before the close MAYBE if it price action is okay...congrats though, no way to lose $ this just keeps going
| Date | Price | |
|---|---|---|
| Entry | 3/14/2014 | 7.78 |
| Exit | 3/14/2014 | 7.9893 |
Mr. Sykes, Do I get any Brownie points on my application for your Millionaire challenge for staying up all night studying, not going to bed, watching every YouTube video about your carrier. Calling a Babe Ruth over center field wall with CBGI today, which had a 50% gain. I said it well before the market opened at 8:11am Respectfully, Joshua
Sorry, have been up 48 hours. A 58% gain today. Again, Respectfully, Joshua
marijuanaindex.org has all Stocks that are listed in the Marijuana Industry. There are 36 total Tickers listed. They show the closing price and volume each day. I put in each ticker into my TDameritrade screener and see all the news that comes up for that company and any Business dealings with any other companies. CBGI, OSLH came up as either being in Business with one of them or being mentioned in the same New release. I then put the new found ticker into my broker site and got the scoop on th
the Business and found in 2009 they hit a high of $2,500 then crashed and in 2011 hit 4K and crashed. Later I would find out that they had a spike and crash in 2006 as well. That"s a perfect 3 year cycle each time, 2006, 2009, 2011, now 2014. The cycle with begin again and now no more DEA raids to scare the Stock holders to dump.
36 x any other tickers I find from screening news articals can add up to 50 or more tickers and News articals each day to find some thing good. To me the indicator was on 3/6/14 in which the stock made a 98% gain in one day. Of course it would flush as it did over the next week. Today was the peak of the .12 cent per share as on 3/6. Time for the Run-up again :)
On January 22, 2014 the stock has already split 3:1, enough said. Lol
One last thing to think about is that CBGI acquires land and buys land. Land has value, this is good. They just bought 17.3 acres in California for a Quarter Million dollars. Land in Colorado and Washington St. is cheaper then that and they could get 2 or 3 time as much land for the same price.
