/biz/ - Business & Finance

>>11207419
>Whatever, the shit is probably going to dip again either tomorrow or the next day

Yeah probably.

Namaste Technologies was another sell the news event. Didn't do much yesterday after they finally received their sales license, gave away the gains it did make and then some today. Glad I opted out of trading it at open yesterday.

Couple entry prices to consider for trading dude weed recent IPOs that opened too high on debut and plunged:

Canopy Rivers latest PP price before hitting the public market was 3.50. Bottom floor for the drop will likely be 4.00 if it ever goes that low. I believe anything under 6.00 is a strong buy on this stock in current market conditions. Today's close was 7.75, low of day 7.52.

North Bud Farms latest PP was 0.25. Strong buy under 0.30 on open market. Today's close 0.37, low of day 0.35.

The last is Australis but I don't recommend that thing until it clearly establishes a support line, tests a new low, tests first resistance above support, then returns to mean. I won't touch it before it satisfies that criteria. Unlike Canopy Rivers, Australis has limited cash and is involved in a more uncertain market (US only). However, if Aurora pumps after their US listing, this one could ride along, maybe. Extreme caution.

pls rember, SCREAM IF YOU WANNA GO FASTER is the dude weed trading motto.

Hold. Next time set reasonable stop losses as it rises to protect your profits. When doing this you can sometimes miss the rebound a bit and lose leverage, but in the exchange you will never get taking for a ride all the way down to the bottom of splash mountain.