Re-building PositionI started building a position in OGI again between 3.50 and 3.00. While its possible for OGI to hit 3.00, the snap back to 3.50 would be quick. So, I figure why risk it. 3.30 could be a double bottom and even if it isn't, I'm building my position in chunks anyway.
But to elaborate a bit further, I figure its now or never in terms of starting to buy again. First off, because OGI hasn't released any of the big news yet and I have been tagging along OGI for too long now to miss the real run. Second, if legalization happens between July - August, then March/April becomes the new May/June (which is buying and holding time). As the saying goes, buy when noone else is buying - and not only is volume low comparatively, but the downside has been very steep. So this period meshes well with that strategy. Hell, this is the same price as OGI November 2016!
So good to be back. I won't be posting as much because this is more of a buy and don't look until closer to rec., but I'll check up on things every once in a while.
Cheers,
FalconM