Sonoma's Harsh Treatments It looks like maybe NASDAQ:SNOA has taken a slide past the industry's watchful eye with this one being so oversold... It may be going under, but it's in California, and Arnold likes those kinds of things. I think this stock will try to regain some ground; mostly because of it's insider buys. Some parts of this trade are not for the faint of heart, but some parts make it look like a packaged deal. Get in around $2, with a stop-loss at $1.80ish, and take some profit when it covers the gap it left after the earnings report.
California
(KSHB) Kush Bottles Perfect Stock, CANSLIM, Weed StockThis is a GO BIG AND HOLD stock. I don't see perfect stocks on the OTC markets very often. In fact, I suspect the only reason this stock isn't on the Nasdaq is because it is a weed stock. They don't sell marijuana though, but they probably have plans of entering this sector eventually. They just sell pipes and marijuana paraphernalia, located in California, the 8th largest economy in the world. They are also almost 10 years old now. This stock is a no brainer really. Perfect. The float is perfect; the earnings growth is perfect; the industry is perfect; the buzz is perfect; the volume, perfect; the breakout, again, perfect; the name, perfect; the cup and handle, perfect. Everything about this stock is perfect.
Entry is 3/4th's tomorrow, January 12th, 2017, add the rest on a pull back or on next big volume day. This stock is going to $20 eventually. A perfect long term hold
Do not forget- Trump will be good for Medical Marijuana!MJNA did not perform this week like I expected it to. Admittedly I was one of those guys who thought we'd see 40 or 50 cents by now, but I will still be holding my shares hoping that in the next few weeks we can see some major moves being made with the stock.
Something that I think a lot of people are forgetting on social media is that Trump will be GREAT for the Cannabis industry. Trump is in favor of medical marijuana and the states rights to vote for it.
The entire market is a mess today, so give MJNA some time. I wont be panic selling, even after taking a big loss today.