RE:Open ???Tomorrow will be an interesting day indeed. Lets just say some wild days are ahead of us. This stock currently has a BETA of 9.9 quoted from TSX .
https://web.tmxmoney.com/quote.php?qm_symbol=WEED
That means it has 9.9 of the movement of the general stock market. That is truly insane, but a traders PARADISE !!! Have your trailing stops set with multiple orders so if you blow threw the first one, your other orders hopefully get filled.
This is the promised land of chart reading. This is the ultimate scalper city. Plenty of money to be made with any stock with a beta of 10. Definately would not be opening any long positions right now.
On these days you leave your boat parked in the marina. Just watch the storm come threw and when she looks sunny again , ya go back to sailing. Only a fool would OPEN a new position right now.
Shorting could be even crazier for sure. personally I would like to be cashed out for a week and ride this one threw. Something inside me is tickling we may head to the mid to low 50s if no news comes out.
its like the week after New years everyone is broke from Christmas and waiting for more money.
hotstocks1 wrote: At what price does this thing possibly open tomorrow ? $53 or $73 ?