Market trendLets face it, the entire sector is highly volatile and will be until legalization in July. There will be opportunities to buy and sell until the market decides upon fair value for many of these companies in the MJ sector. In the meantime it's all speculation and hype. There are lots of newbies here that believe the only way to make money is when a stock goes up. Actually thinking this way you are only utilizing 33% of the market potential. Shorting is another way and sideways moves as well. People panic or red days and cry doom and gloom while others who May be more experienced, wealthy or in the know capitalize off it. This is the nature of the beast and if it bothers you maybe you should consider investing something less volatile.
I hold a modest position of "N", bought and sold and still think there will be swings that may be Questionable for some. In the meantime buy on dips and remember that there is absolutely nothing wrong with taking profits when and where you can. Excellent hold long term I won't dare put any value on it ATM! Let's just say from what I know so far will be considerably more that it closed at today.
my opinion no tax pls!
The trend is your friend!
turn off your pc's...the ride continues Monday. Hold tight!