The Stock Market Is About To Crash!

I appreciate this banter.

Eventually, you will be correct. The current economic model is based on expansion of debt. Until that changes over into some other system, the debt will expand and contract in cycles.

Can you post some companies with a 200:1 P/E please? Even the most outrageous over valued cannabis stocks aren't that high.

TLRY is the best offender I can find atm, at 116:1 2020* estimate.
* [link to www.nasdaq.com (secure)]

Most main stream stocks are a little over valued, but not outrageously so.

MSFT on the DOW is currently 20:1
[link to www.nasdaq.com (secure)]



Ok, I don't like to show what I'm currently invested in as many people like to follow. And, I don't like recommending one equity over another as I personally tend to ride the market waves (swing trader). Enter strategy and exit strategy. So if I recommend this or that stock, someone buys in and the price drops, then somehow the person that gave this or that advice takes the blame.

But, for reference I'm cashing out of FRLF tomorrow for 25,000 shares. Taking profits (a paltry $2k) and will buy back in when I see corporate revenue news. The company looks really good for longs however. I'm definitely keeping an eye out on this one.

I'm riding two other hype waves up right now.

CHOOM HOLDINGS, INC. (OTCQB:CHOOF) 25,000 shares, enter point was .34c exit target is around .75c depending on the volume tomorrow as the news of them entering the Florida medical/retail takes off. Resistance is at .55c and was being pushed hard today. Providing this breaks out of the resistance tomorrow, will cash out at the target price and buy back in once the volume fades out and price drops back down a support trend line. I really like CHOOM overall. Has a lot of potential for longs. Aurora Cannabis Inc, invested in CHOOM on a debenture structure which mature at $3. Great company strategy for acquiring medical/retail licensing rights. I think this will be a major player on the retail market. All the over valued producers must find outlets for their product, and CHOOM will be one of the gate keepers.

AUXLY CANNABIS GROUP, INC. 10,000 shares, enter point was .60c, exit point is .80c on bad news of revenues come March 29 or $1.05 on good news. I don't care for AUXLY over all. They have a weak sale end point. But I'll loot some money from the stock on hype.

In any case, March profits will be anywhere from $7,500 to $11k. April will likely be a bit better. I don't like to make predictions too far in advance though.

I have another stock on a longer swing cycle.

AcelRx Pharmaceuticals, Inc. (ACRX) 5,000 shares. Average buy-in at $2.61. Long hold for potential large quarter over quarter revenue spikes and corresponding surges in stock. No set exit target as of yet.

I have another speculative stock. I'll post after revenues come in in April. If this one hits, and I think it will, it will be a huge cash cow.

In the mean time, ride them waves baby.

BTW, I wouldn't go long on MO, Altria Group Inc. The company is in decline and is desperately throwing darts at the cannabis industry to survive. If you made some cash on it, I'd think about an exit target price.

If you're going long on ACB, Aurora Cannabis Inc has a market cap of 9.4 billion. 12 month P/E of 64.50. That's awfully high. Be wary of this.

I wasn't logged in for my original post but thanks for the info. I was thinking the same thing on MO, bought at 55 watched it drop to 46ish and then reboud. They overpaid for Juul as well. And ACB is super diluted, they claim to be in the "acquire/setup phase" and that's why profits down, dilution up, yadda yadda...but it may work. Walmart does this, build the store and they will come. I will look at some of your other plays...it's hard to get good info.

Turkey -5.67%

The U.S. market is going to crash today!!!!!!!!!!!

April/May will be the controlled economic collapse, led by UK and USA!! Starts today!!

If you are invested please protect yourselves and your families now, go short or go cash.

It wont recover for multiple years and perhaps decades.

I can not share a link or my source but it will become apparent this week and accelerate next.

Be careful out there.

I'm guessing no one here as even heard of a trailing stop lose?

How in the hell does someone loose 1/2 their net worth in the market today? Everything is automated, including buy/sell orders.

I only put in the market what I'm willing to loose. Which isn't going to hurt me financially if I indeed did lose it. However, with well planned trailing stop loss triggers, I doubt I'll lose that much.

So to the AC in Canada. After 25 years in the stock market, this is what you come up with? "Post what your buy on Monday" LMFAO!

Ok, if you're so interested.

My Current Limit orders:

ORGANIGRAM HOLDINGS, INC., OTCQX: OGRMF limit set this one for $3.80 (may adjust the price accordingly once the stock drops in price) mid April after the debenture conversion profiteers run their course. BTW, Just took my profits on this one at $6.78 from an averaged buy-in at $4.46

SUPREME CANNABIS CO INC., OTCQX:SPRWF limit set for this one at $1.45 as the price momentum is running low, launch of new product and corporate market expansion will stress stock price to support level. Looking for a mid to late April buy-in. No buy-in yet. But if you're interested, Order set for 5k shares.

I currently have 5 active stocks that are climbing in value, despite the overall markets being flat.

I'm not a rabid day trader. I typically buy between 5k and 25k shares per position. I never put all my eggs in one basket. Or blindly throw darts at a board to pick stocks. I hope this makes you happy. LOL

btw if you were in or just bought into the market since December, we're up 25%

btw if you were in or just bought into the market since December, we're up 25%

Compare where we are now with the generic bubble charts. Last week was the bull trap. We're headed down in the next month.

Thread: Stock market carsh: is it really this obvious? Is this a trick?

On paper? Good luck...

Heartbeat trading — The ETF tax dodge is Wall streets dirty little secret.


DJIA futures up 174

On paper? Good luck...

30K Soon... Then cash!

Google heartbeat trades.... idk if I can link the source.


Y’all getting fleeced.


Soon it’s going to collapse. Hard.

30K Soon... Then crash!

If you are invested please protect yourselves and your families now, go short or go cash.

It wont recover for multiple years and perhaps decades.

I can not share a link or my source but it will become apparent this week and accelerate next.

Be careful out there.

Small Cap - Russell 2000 will be the leading indicator

[link to www.investing.com (secure)]