AEGY update

Congrats to those still holding AEGY... it closed up over 50% today on news of it's pending merger with SKTO. However, be prepared to see a small pull back tomorrow as it consolidates the gains.

The Daily Trader is not a registered investment adviser or broker/dealer. This article was written by an analyst at The Daily Trader and represents his/her personal opinion about the companies mentioned in the article. The article is for informational purposes only and it should not be taken as an investment advice. Investors are encouraged to conduct their own due diligence before making an investment decision. I am not receiving any compensation (other than from The Daily Trader and/or any stock position I have in the company) for this article. Disclosure: I am currently holding a small core of share in AEGY and I have no position in SKTO.

AEGY Update

Some nice research on AEGY... check it out. Also the DTC Chill has been lifted on this stock... I'm expecting a nice rise on Monday because of that and the chart being in a perfect position for a climb.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97698453



The Daily Trader is not a registered investment adviser or broker/dealer. This article was written by an analyst at The Daily Trader and represents his/her personal opinion about the companies mentioned in the article. The article is for informational purposes only and it should not be taken as an investment advice. Investors are encouraged to conduct their own due diligence before making an investment decision. I am not receiving any compensation (other than from The Daily Trader) for this article, and have no relationship with the companies mentioned in the article.
 

Sector Movement.

Well ERBB and XTRM did about what was expected today... they gapped open and then consolidated. Expect to see solid gains on them over the next few weeks. Pretty much the entire MJ sector consolidated today so this is a really bullish signal. AEGY and FITX also had pull backs today and the charts on all of these look really good for those holding shares. I expect a buying opportunity in the morning followed by a steady climb back up to the open on most of these stocks in the MJ sector, with several ending green. Good luck to all and happy trading.

-The Daily Trader


The Daily Trader is not a registered investment adviser or broker/dealer. This article was written by an analyst at The Daily Trader and represents his/her personal opinion about the companies mentioned in the article. The article is for informational purposes only and it should not be taken as an investment advice. Investors are encouraged to conduct their own due diligence before making an investment decision. I am not receiving any compensation (other than from The Daily Trader) for this article, and have no relationship with the companies mentioned in the article.

HIGHLIGHT PICK

AEGY: This company is attempting to become the Amazon of medical marijuana... I expect them to do quite well over the coming months - years. Based on the chart they just finished their latest consolidation period on their uptrend. Should start climbing again when the market opens on Tuesday. And for those that want to see this company in action I found this little gem of a post with photos demonstrating the delivery process.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97342943

For further DD reports from other investors I highly recommend reading the message boards on IHub.


The Daily Trader is not a registered investment adviser or broker/dealer. This article was written by an analyst at The Daily Trader and represents his/her personal opinion about the companies mentioned in the article. The article is for informational purposes only and it should not be taken as an investment advice. Investors are encouraged to conduct their own due diligence before making an investment decision. I am not receiving any compensation (other than from The Daily Trader) for this article, and have no relationship with the companies mentioned in the article.

Just to get us started

So how many of you remember the dot com boom. I ask seeing as I'm assuming you weren't around at the end of alcohol prohibition. If you remember when the internet first became popular you will have some idea of what is happening in the marijuana industry right now. The fact that states are legalizing something that has been in use for years regardless, then regulating and taxing it has profound implications.