Posted On: 04/24/2015 10:17:13 AM
Post# of 75357
If you sell at .22, chances are that you will be selling at a "low" and later trying to buy back in above .25.
If you look at the 1 month trend, .22 seems to be about at the level that this stock should be at. I'd say anything abot it is a premium and anything below it is a discount.
I would buy if the price dropped to .22 or lower, and sell if the price surpassed .25 (if you want to take short-term gains).
But I think we all agree that all of the metrics behind this stock support a rise in price over the next 6 months that should put it above $0.50 by the end of the year.
I can see that many people don't have the patience to wait that long and want to move on to some other get-rich-quick option.
My suggestion, is to keep the THCZ, and start a new fund with some play money that you can go after some more fun stocks where you don't have to wait.
But I think you will regret pulling your money out at this point. I only speak from personal experience of having done the same thing a few times now and always coming out behind.
If you look at the 1 month trend, .22 seems to be about at the level that this stock should be at. I'd say anything abot it is a premium and anything below it is a discount.
I would buy if the price dropped to .22 or lower, and sell if the price surpassed .25 (if you want to take short-term gains).
But I think we all agree that all of the metrics behind this stock support a rise in price over the next 6 months that should put it above $0.50 by the end of the year.
I can see that many people don't have the patience to wait that long and want to move on to some other get-rich-quick option.
My suggestion, is to keep the THCZ, and start a new fund with some play money that you can go after some more fun stocks where you don't have to wait.
But I think you will regret pulling your money out at this point. I only speak from personal experience of having done the same thing a few times now and always coming out behind.
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