• jesse55jp
    If I have another 10%+ loss day I'm gonna have to pull everything out of MJ stocks. $ATTBF $PHOT $CBGI $POTN $TRTC. Just cannot afford it.
    4/7/14
    Reply (45)
    • stirki: Indeed, and ther is no sign of reversal...and if there will be it will not be sudden thus, we will have a time to go in
      4/7/14
    • Archangel3285: Jumping ship now is the dumbest thing you can do. Ride the wave and double down if you can.
      4/7/14
    • stirki: agree, but how low you can go...
      4/7/14
    • vicbulge: Everything is off right now, obviously stocks with high multiples like the 420's will be affected at a greater rate. Portfolio allocation.
      4/7/14
    • stirki: my loss in MMJ was 6.6% so I guess, I did not did so bad.
      4/7/14
    • underslide: It's a Long-Time investment for me !
      4/7/14
    • jesse55jp: I was doubled down until the last week...I have a certain amount I cannot lose and when I hit that I have to bail.
      4/7/14
    • P.Garibaldi: What sign of reversal?Look at the charts of $ATTBF and $PHOT does not look they are trending down..
      4/7/14
    • jesse55jp: I had a certain amount I could invest and that has all disappeared. Lost nearly $5K in the last week due to articles like today...
      4/7/14
    • jesse55jp: Think I've lost close to 30% since last Tuesday mainly because of people trying to short everything
      4/7/14
    • tenstring: You haven't lost until you've sold.
      4/7/14
    • taunto667: If these stocks are your only positions then I can understand freaking out. For me it's a small% and I will keep as long as I need to.
      4/7/14
    • taunto667: never know when the next spike will be. Why would you sell before Washington state is official?
      4/7/14
    • James.Bond: jesse55j: If you need the money, that is one thing, but if this is just investing to you and you have a day job, I will pull out when even
      4/7/14
    • James.Bond: jesse55j: 5k? I am down 30k. I was up 30k in the same stock $TRTC last month. penny stock is a small amount of my portfolio but still
      4/7/14
    • James.Bond: hundreds of thousands. New in penny world and learned to sell on run ups and buys on bleeding. Will never make this mistake again. and .
      4/7/14
    • James.Bond: eventually (could be months) it will explode for several days and go up. could go to $2. -$2.50 for a short time. I wait then sale
      4/7/14
    • James.Bond: this in investing money only. I have a day job that pays well and do not need this investing money for years. So like a Leopard watching
      4/7/14
    • James.Bond: its prey, I will wait, days, months, even a year until I can double + then I sell And re enter when it is low enough....
      4/7/14
    • tenstring: Agree with James -- patience is the key --
      4/7/14
    • Trader_Jake: How can you not afford red days? I do not see how it is creating losses for you.. If you areN'T selling red, you areN'T having losses.
      4/7/14
    • jesse55jp: I had some money to play with and didn't mind losing and that has made me a lot and has gone away this last week.
      4/7/14
    • jesse55jp: Wow. I'm new to this now I don't feel so bad. Want to be in for long haul by can only afford to lose so much
      4/7/14
    • jesse55jp: I have a day job...doesn't pay much that's why I got into this, to try to make some money.
      4/7/14
    • Sharp6813: Every line in my portfolio was red. But, I don't consider that I lost any money until I sell at a loss. Stay calm, it will come back.
      4/7/14
    • Sharp6813: Every line in my portfolio was red. But, I don't consider that I lost any money until I sell at a loss. Stay calm, it will come back.
      4/7/14
    • tenstring: Jesse -- I'm very small time player -- I was 20% up last week and now I'm 10% down. I was told prepare to endure 20% down or don't do it.
      4/7/14
    • Tommypizzazz: I was up 50% last week. Up 12% now. You only lose money when you sell. Hang in there it will bounce back. Thats what stocks do. GL
      4/7/14
    • yougin: Long on PHOT and you will be happy and thankful ^_* not sure about the rest.
      4/7/14
    • highonweedcash: Collectively down 70% on profit (no loss of capital... yet). Holding for long term so this doesn't bother me as price variations are normal.
      4/7/14
    • Perkins Cove: http://bit.ly/zZ8RDp
      4/8/14
    • CAKoumentakos: Right with you highweed. Down 50%on profit. Still up though. Last three trading days didnt help, but the whole market was down.
      4/8/14
    • CAKoumentakos: I remember the whole market being down 125pts. and being all green up $3k.
      4/8/14
    • James.Bond: <<stirki: agree, but how low you can go...>> to par value with is 0.01 cents
      4/8/14
    • jesse55jp: I have patience. It's time I don't. Lol. Trying to do something nice for my wife with the monwy and time is the issue. Thanks guys.
      4/8/14
    • cking6178: FWIW, I use 2 sep strategies..short term (options & OTC pink sheets) = cash out @ 25%...long term = smile when green, accumulate when red
      4/8/14
    • Mc73: I think real investors (unlike this inexperienced guy) are jumping into the game to try and push people out...try to stay in if possible!
      4/8/14
    • Chemist_2175: Im not a real investor because I am inexperienced? I don't think I like that logic. How about explaining why that isn't a good idea?
      4/8/14
    • jesse55jp: I'm not pushing anyone out.
      4/8/14
    • highonweedcash: Thank god today is much better! MCIG is making a difference alone. ATTBF making a come back looks like it.
      4/8/14
    • cking6178: $TRTC had a great closing rally!
      4/8/14
    • Mc73: No chemist...I was saying I am new to the game & seems like all these stocks are acting differently than they have over past 5-6 months
      4/9/14
    • Trader_Jake: Could it be that the green rush is over?! People are going more with substantiated fact, then hype? For some stocks; yes, for others, no.
      4/9/14
    • Trader_Jake: It pays to find low O/S, low float, companies with quality management, and actual plans/ projects to bring in revenues. Otherwise P'n'D!
      4/9/14
    • Chemist_2175: Yes that seems like it may be the case, but none of us can say for sure.
      4/9/14