RE:I need guidance plz
I have reservations:
First off, why remove money from your RRSP - you can buy stock within an RRSP.
Also, do you realize that if you withdraw money from an RRSP, that withdrawal will be taxed 100% as income (also that contribution space is permanently lost).
Third, sounds like you are gambling your retirement savings, quite inadvisable.
You're not the only one thinking this, hence the 9% rise on Friday, the stock could go either way.
Either hold long, or don't hold at all would be my advice to you.
Cheers.