RE:RE:RE:RE:Investing for more Shares?I think we have hit an equilibrium! Look at the channel created since nov. 30th when the SP was 2,75. RSI not showing any oversold/overbough signal, same for the bollinger bands, on a 1,3 and 6 month time period. Shorts are out of the stock since a month and a half, so volatility should remain low! Systematic risk might affect the SP but I dont see a substantial drop because of that, as people will continue to load up. The company keeps getting media exposure on a daily basis, the game is evolving fast and like a few said on here, I would rather be in when this skyrockets than trying to cut a few sent from my average cost per share.
I think you are playing a dangerous game and a greedy one, especially when nothing points out to the stock being overbought or nothing in the news that goes fundamentally against LPs... But that just my opinions based on articles I have read, data I have analyzed and my intuition! I guess you did a well-thought-out due diligence also.
A few catalyst for SP appreciation: Oil licence, even though I think its somewhat priced in, it may give a little boost, Earnings results at the end of the month (probably the biggest one), Liberals starting to show even more that they are leaning towards a tightly regulated (when it comes to the source of marijuana being sold), moratory in Vancouver about the licensing of dispensaries and a few others!
That is my humble opinion.