RE:It doesnt matter if the stock goes down $1-3 in short termSo true, i cant even count the times ive missed out due to panic selling and emotional buying. Im going to hold onto this one for a while
John815 wrote: What matters is long term month to month than day to day. Inexperienced investors will panic and sell with the day traders who short. Market cap is low and market value of $800k is small. Should be at least $1.5 billion to $3 billion if comparing with the other weed stocks. So the target price should be $32-60 range. If you invest long term then hold for the year. Can happen any time in matter of months to the year and bit. I made $200 grand last years in the Canadian legalization hot market with tons of ups and downs weekly. My mistake was not being smart like seasoned investors who just held long term. I would have made over $1 million instead if I held. The many times I panic sell to loss a couple dollars and panic sell to make a couple dollars and miss out every time a share goes up. Now with the American legalization, I'm just holding til target range $38-60. Any big news at this price point will tilray the stock for a quick sell, otherwise will hold til the 38-60 range. How many in and outside and stress you will have to make a couple dollars than holding for 6months to over a year? You would have to do that 10-25 times everytime it goes up and miss out too.