How to make money
That’s how you doin merry christmas and a happy new year to everyone in advance there’s some crazy things happening in the stock market i had to talk to you guys about it i don’t know if you guys are watching what’s going on here there’s a company called vitality biopharma okay it’s in the american markets otcqx otcqb i believe symbol is vb i/o take a look at the
Chart today it’s on fire up sixty-two percent today alone it’s come up from under a dollar to about four dollars in the last i would say this month so its up you know close to about four hundred percent in the last couple of weeks it’s just crazy and it’s up again today right after the holiday sixty-two percent is shot up i don’t know if you could see the chart
Here today it went up from two dollars and fifty cents it’s hit a high today of four dollars and seven cents okay it’s absolutely on fire and surprise surprise for the medical marijuana industry and these are the types of companies that are just exploding right now and you can make a lot of money with so add it to your radar vb i/o vitality biopharma you heard
It here first on rich tv live you’ve got added to your radar it’s on fire but be careful this is my disclaimer because when these stocks go up like crazy they get overbought there’s a very big chance they’re going to come back down and find a floor so there is a good chance it could come back down so don’t be one of the bag holders as they call it being someone
That’s buying it too high you got to wait and watch the stock and make sure that it comes down a little bit and you buy the dips and you find where the floor is because when a stock is trading so high up and it’s a four hundred percent there’s always a chance that the short traders are going to eventually in the market makers are going to eventually get involved and
They’re going to say hey we want to short the stock and they’re going to short the stock they’re going to take it down and that’s what you want to buy it when it hits the floor when it gets the point where it’s oversold and maybe let’s say this company goes back down to two dollars then that’s a good time to buy it because you know it’s already been to four dollars
And there’s a chance there could shoot back up again and that’s how you can make a lot of money trading let me show you a couple more that i talked to you before about and on fire today and i’m telling you the stock market as a whole is on fire today everything is up so take a look at this m jn eight this stock is on fire it’s up nine percent today another medical
Marijuana company it’s called medical marijuana inc i think the name is a good name if you believe in that industry look at the stock today it’s up nine point eight percent it keeps going up the chart is unbelievable just shoots up from 15 to 16 cents and now it’s climbing higher than 16 cents i believe i learned this about a month ago at around eleven cents maybe
Twelve cents now it’s at sixteen today so another medical marijuana company in the us on the otcqb and it has massive volume traded thirty six point nine million shares so far today massive volume you want to see that you want to see the volume because that means that there’s going to be the ability for you to buy and sell your shares if you’re getting involved
In the stock okay so volatility is huge now another stock i want to show you one more also in the medical marijuana business this one’s come up from the sub pennies i talked about this one about a month ago as well it was around seven cents then it came down which i thought created a buying opportunity but i was watching it carefully i haven’t purchased this one
Personally but today it’s on fire it’s exploding it came back down and today it shot back up forty-one percent today alone okay 43 million shares traded it’s at seven cents this one also is called marijuana company of america so as you can see these are all companies they’re doing name changes they’re getting into the middle camara wanna space and they’re putting
These medical marijuana names in their titles and i it seems to be increasing the volume because the volume is enormous 43 million shares at seven cents and up forty-one percent today so those are two companies mco am j na that i told you about i told you to add them to your watch list they’re on fire right now keep your eye on them i’m not telling you to buy them
Because when they go up a lot of times what goes up does come down in the markets what i am saying is that you add it to your watch list if you think that the company is moving the right direction and it goes down a little bit and you know it starts getting in the red for a while that’s what you buy because eventually what’s going to happen is these companies that
Are real companies they’re going to come up with really good news good financials good earnings a good acquisition a huge private placement of new money and the stocks are going to explode because right now this is where all the smart money is going okay so keep your eye on these three stocks mco a mj noa mco am j n a and vb io all medical marijuana stocks on fire
Today up forty-three percent mco a today up 9.2 percent currently mjna today and up 61 % vb io today sixty-two percent it just went up to now it’s at three dollars and ninety two cents so they’re all on fire be careful don’t buy them because they’re they’re really high up however add them to your watch list watch them and if you see that they go down and you believe
In them and you think that they’re under valued at that point that’s when you buy you don’t buy one there up 61 percent because what’s going to happen is the next day most likely it’s going to come down now this deal here vio vio vitality biopharma it’s an exception because it’s been going up every day however we’ve seen a lot of those things happen with these
Types of stocks recently and then eventually they will retract down so you don’t want to get caught buying at the highest price at the 52-week high okay so be careful when you’re buying these stocks but just watch them learn and this is how you make money by rich i’m rich tv live thanks for watching everybody and happy new years merry christmas to everybody and
We’ll talk to you soon with more rich pics
Transcribed from video
How To Make Money | Rich Picks: VBIO Vitality Biopharma By RICH TV LIVE
