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Welcome back!
We have a surprise firecracker penny pick for you this morning!
IGPK closed yesterday's session at .015
The stock moved up +25% on just $4000 in trading volume yesterday!
I think this could be the start of something much much larger!
This is what I call a momentum alert.
That means this PICK is far less about what the company does and ALL about how the stock trades TODAY ONLY!
All you want to do is trade the Price Action. Period.
The best advice I can give for picks like IGPK:
1. Get in early.
2. Watch level2 like a hawk.
3. Take profit on the way up.
If you wait until the price peaks, you might be too late and we never want to be left chasing a stock back down.
With that being said, good luck and happy trading!
About the Company:
Based in Denver, CO., Integrated Cannabis Solutions, Inc. (IGPK) is focused on offering its suite of services geared towards reducing the risk, cost and complexity for responsible cannabis businesses during this monumental process of transitioning from prohibition to regulation.
IGPK helps guide clients during their initial launch, or throughout their continued growth.
The Company provides consulting on compliance, operations, and business management, as well as the branding and marketing of the business.
IGPK simplifies regulatory requirements and provides training to help develop responsible staff members to understand and comply with developing medical cannabis commerce.
Be Ready to Trade at the Opening Bell Today, Tuesday November 10, 2015 @ 9:30am EST.
Trading Rules:
GETTING IN
Always use limit orders when getting into a stock. Pick an entry price and stick with it. Don't chase stocks. There will always be another trade right around the corner. Don't beat yourself up if you miss one. The last thing you want to do is over pay because you see a stock moving and think you are missing the boat. Never use market orders to enter into a trade. Using market orders allows the market maker to fill you at whatever price they like and leaves you vulnerable to getting poor fills.
IF A STOCK GAPS WAY UP DO NOT CHASE IT.
Most stocks that gap up will come down during the day. (usually starting between 9:45 EST and 10:15 EST) When a stock gaps up the market makers will usually push it lower starting at this time to try to get investors to panic and sell shares back to them so they can make a profit on any shares they are short from filling orders on the gap. If you like the stock and it gaps up you can usually pick up cheaper shares when the market settles back.
WATCH THE OPEN
Watching the open is very important. You can learn a lot about how a stock may act in the first 10-15 minutes after the market opens. The first thing I look for is lots of selling. If you are watching a stock that has an average daily volume of 50,000 shares and the stock trades 250,000 shares in the first ten minutes and it isn't moving this is not a good sign. This means there are lots of sellers and they are probably only going to get more aggressive as the day goes on. You want to see a stock tick up on a regular basis as you see buys come in. If you are in a stock and you see lots of buying and it's not moving GET OUT. Don't wait. KEEP YOUR LOSSES SMALL THE SAFEST WAY TO DO THIS IS TO SELL A STOCK IF IT GOES BELOW THE PRICE IN MY ALERT.
When you enter a trade you need to determine how much you are willing to risk. Have a firm number and get out if the trade goes against you. Every big loss started as a small loss where the investor lost control of their emotions and didn't close out the trade. When you're an investor you are going to have trades that go against you. It happens to everyone. Successful traders know how to limit losses while unsuccessful ones do not. They begin to hope and pray that the stock will turn around so they don't lose money and next thing they know a small 10% loss is now a 40% loss. At this point they begin to think the stock cannot go any lower and they hang on. Now it's a 90% loss and they finally sell. Do not let this be you. Put a line in the sand in every trade you do. When it gets over that line, get out.
BE CONSISTENT
Get used to booking profits no matter how small. It may help to learn to take small profits when you begin. There is nothing wrong with taking 10%, 15%, or 20% profits on trades. This gets you in a winning state of mind and makes taking profits much more of a habit. You do not need to buy at every low and sell at every high in order to make a lot of money in the market. You just need to be consistent. Everyone wants to hit home runs when they buy penny stocks but the fact is most investors will lose more money hanging on for the big winner instead of taking consistent profits.
DO NOT BE GREEDY.
This will be the death of your trading account. A mistake that many traders make is allowing a profitable trade to turn into a break even or losing trade. Always book profits no matter how small. Put the money in the bank. Follow these rules and you will become a much better trader!
Disclaimer:
This publication is owned and operated by Meridian Ventures LLC, a financial public relations firm. Verify all claims and do your own due diligence. Meridian Ventures' profiles are not a solicitation or recommendation to buy, sell or hold securities. Meridian Ventures is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Meridian Ventures is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), this publication and accompanying website is owned and operated by Meridian Ventures LLC. Neither Meridian Ventures LLC. nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Meridian Ventures receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Meridian Ventures' statements and opinions and such statements and opinions cannot be considered independent. Meridian Ventures and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be forward looking statements. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. All direct and third party compensation received is and will be fully disclosed in any communication regarding a profiled company. Meridian Ventures has not been compensated for this release and we own no shares in the profiled company. It is to be assumed that one or more third parties as well as current shareholders may have shares and may choose to liquidate them at or about the same time these services are performed, which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies.
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