Going back up will be harderA loss from $ 8.00 to $ 6.00 is 25 % A gain from $ 6.00 to $ 8.00 is 33 % If it bottoms out at $ 4.00 in July It Will take 100 % gain to reach $ 8.00 But it was only a 50 % drop from 8 to 4 The HC approval for phase 2 is already priced in so the actual announcement news will be a sell the news event. The market already asssumes the approval of phase 2 which is required to produce more revenue to warrant and support phase 3 construction which will not be completed until the fall and then that also requires HC approval. This delay and the possible Florida deal not closing due to lawsjits is a drag on the SP and decreasing revenue does not help. I am looking to buy fair value in the low $ 5 by summer. The whole sector is in a bear holding pattern especially Weed.