I warned the fanatics when the candlestick charts starting looking like a reversal. I got out at ~.25 after getting in around .10. 200k shares.
I'm thinking it's lost it's momentum and the pps will be inline with typical and "proper" valuation for this kind of company\product. It might be quite a while before we see .26 again. I hope I'm wrong because I'm buying back in. But I'm playing with the houses money, and if I can buy another 200k shares for under $20k, I can wait it out.
If you had sold 200k shares at .25 cents, that would be $22k profits you would have protected so far, and more potentially in the next couple days.
But even better, you could buy that 200k shares around this level, and make that $22k again.
Remember, I predicted the chart was indicating a reversal at 26 cents, and got a few thumbs down and insults.
But I was right.
Correction. Anyone who claims not to be short, or have a position, but continues to post time and again attacking each and every PR. We all know, ALL companies release PR to help the stock price.
And in case it escapes your very limited understanding, for any company involved in any type of retail activity, distribution deals and increases are a BIG step forward in their marketing success. I guess you are stupid enough to think a company marketing a product, should keep potential customers in the dark as to who is distributing, and where they can find the product.
You're either short, or an idiot. Or both.
It's broke support. I have large stink orders in at .14, .10, .08. But it's lost it's momentum. If those orders fill, it will be a long term investment.
The only problem with that is, there wasn't a competitor the size of Monster competing with Monster as it rose. Now there are 2 solid, large competitors, and more working to get there.
If it makes you feel any better, they aren't having the positive effect they had before you got the CE flag thrown by OTC.
But I don't think you'll get a chance to cover without taking it up the pooter.
But you have to wonder if many physicians will prescribe a self injector when the patient would otherwise have to come in and pay $20. That's $80 a month revenue, times how many patients.
I always thought it would be a slow process.
Well, if AM radio is so insignificant, why have the demonrats been trying to take control of it or shut it down for the last 20+ years?
It will be a good stock to short right after the split.
When you have it brought here by a poster who is largely viewed as a short, you can get it's a bunch of BS. The source of the lie is even more questionable.
You should always be worried when facing losses. I started a thread the night before the pullback. It's titled "Marry a stock, lose your gains". Nothing more needed to be said. Candlesticks showed the momentum was fading, and a reversal was possible.
Unless it's gambling money, in a situation like this, set a stop just to make sure you don't lose money. I was in under 12. When the CE hit, I sold immediately @.24 on the way down. When it bottomed, I bought back in @.08 and .10. At that point, I was playing with the houses money, but I still sold on 4-21. I've held this stock for a runup from ~.10 to .25, twice. The whole time, idiots were predicting big profits and saying to hold.
If nothing else, learn from it. What have you learned? What you should have learned is, never get caught up in a bunch of hype longs are spewing. You never go wrong taking profit. Never marry a stock. Seek out the opposing view. If you are long, consider what the shorts are saying in their bashing. It's easy to know what to discount. When the CE went up, and all the idiots were saying it was no big deal, I sold. I made more money.
Always remember, these idiots on this board, ALL OF THEM, aren't footing the bill or covering your losses. They ALWAYS have an agenda, and that agenda is NEVER to make you money. It will always be self serving.