If you follow my charss, you know I don't often include equities, but in the wake of the marijuana craze, legalization and industrial hemp coming back to America, especially as an alternative commodity and farming it is worthy of a closer look. HEMP, inc. is an up and coming industrial hemp manufacturer and processor with plenty of upside potential and little downside risk. HOWEVER, REMEMBER, AS WITH ALL PENNY STOCKS, DOWNSIDE RISK IS 100% due to volatility and small trading volume. You may not be able to exit the trade if the %$#@ hits the fan, so set your loss tolerance accordingly. I will look for a surge in volume as the Dragon takes flight to increase my position as company earnings prove this company worthy of institutional investment. Good trading!
If you follow my charss, you know I don't often include equities, but in the wake of the marijuana craze, legalization and industrial hemp coming back to America, especially as an alternative commodity and farming it is worthy of a closer look. HEMP, inc. is an up and coming industrial hemp manufacturer and processor with plenty of upside potential and little downside risk. HOWEVER, REMEMBER, AS WITH ALL PENNY STOCKS, DOWNSIDE RISK IS 100% due to volatility and small trading volume. You may not be able to exit the trade if the %$#@ hits the fan, so set your loss tolerance accordingly. I will look for a surge in volume as the Dragon takes flight to increase my position as company earnings prove this company worthy of institutional investment. Good trading!