Strategy on when to sellHi everyone,
I'm long on WEED and trying to decide on when would be a good time to sell. I'm not interested in fairy tales of $150 stock price by December because I don't think it's realistic, and I don't listen to the ridiculous claims made by shorters either.
Please try to be civil and logical.
I think there will be A LOT of hype after the NYSE listing, which should come before May 31. Following that is the June 7 vote, which takes place on a Thursday.
I strongly believe Legalization will move forward (not counting a black swan event).
The question is; would it be better to sell after on Friday, June 8, after the June 7 vote, or wait until the following week (Monday, June 11) to see where the SP moves?
I strongly believe the hype will drive the stock price to new ATH's, and then it will be shorted and taper down in the following weeks. The question is all about timing. Again, not interested in wild speculation, just curious about what others think would be ideal timing for someone like myself who would like to sell during the peak of hype.
Any thoughts?