Good morning all. Never made it to any of the bric
Post# of 1149
Kristi, was reading the earlier post here and thought I would mention that back in 2010-2011 I was on the 'hub' and interested in the lithium stocks like lexg, mmte, etc.. I found that I could no longer tolerate the culture of the 'hub', at that time either. I just quit even looking there for almost 2 years. Then I came back because of the MMJ thing going on and found the PHOT board with you, Monkey, and many, many others with 'SOMETHING TO SAY.
That's why I stayed and now again...again. So, thanks again for the invite here. After reading the earlier post this is refreshing.
Man, I wish I had a crystal ball to tell me what to do on Friday. My best guess right now is to expect a 50% decline up to 70% with nothing positive coming from Scott. Pretty much any company which has a very positive outlook before the SEC stomps on them...doesn't go away too fast. In the first few hours I expect to see a lot of selling which is mostly covering at a low pps. But then I expect to see a bounce of some sort. Perhaps back to the 40% - 50% range.
If I sell there I would average out.,..so this may be optimistic on my end opposed to what may really happen, but, it is what I do think will happen. I will probably sell on Monday and not on Friday....if, Scott does not give me a reason to do otherwise.
Just to protect yourself...it may be best to sell at what you can get and keep your powder dry for another opportunity. When one door shuts another is always open. Either way, it is your money folks and you must decide what you can tolerate best. Good luck and God bless us all in this. GLTA