RE:The Smart Money...That is exactly what I did yesterday. Did not mention ISOL as the investment I redployed my cash into, but ISOL has been beaten down so much that I believe it will go further faster than VIDA. Also picked up a small position in Sproutly
Now I did keep a small position in VIDA in one account because I am not down on VIDA. I just think at this point my money was better invested elsewhere.
That and I was sitting on a loss with further declines in sight. I actually went below my trigger point because of management, the Canbev deal, the small float and their "legal" CBD products...but that proved to be a mistake as it dropped further...and I was prepared to hold and ride it all back up.
But in the past week I began to have second thoughts. I looked at a straight switch of 10k shares in Sproutly for 10k shares of VIDA when both were at 70...and did not pull the trigger. When it hit 66 cents yesterday I pulled the trigger.
But like I said, I am not down on VIDA in the longer term. It's a "discipline decision", not an emotional one.
BagBoy2000 wrote: ...is exiting their VIDA positions to take advantage of the crazy dip on ISOL before they release their audited record-breaking financials at the end of the month. If you sell out quickly, you might be able to get in on the ISOL action before VIDA drops to a much lower price again. Tick Tock...