Aphria Inc fka APHA

[Weed3000]

Well if you sold now

You'd take a large sized loss... This should stabilize and go sideways the next few weeks...

You may have to adjust your trading style to what makes you feel comfortable. If you need to sleep at night cut your position in half maybe so you have cash to sit on. But if you have another $50,000 to $100,000 cash to trade then not so big of a deal, but if you went 100% in I can understand wanting to pair your position to a "sleeping point".

I'm certain these are in a bull market and will continue upwards... I'm looking for an entry but will wait until it attacks the Parabolic SAR in a couple weeks to see the price action.

Have you read this book?

Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition) Hardcover – December 21, 2009

https://www.amazon.com/Reminiscences-Stock-Operator-Commentary-Livermore/dp/0470481595/ref=sr_1_3?ie=UTF8&qid=1480347744&sr=8-3&keywords=reminiscences+of+a+stock+operator

I would recommend it... it's about one of the best Stock Traders in the early 1900s he was trading highly volatile RailRoad stocks. Today's equivalent are these pot stocks. I've read it 6 times it's helped my develop the trading strategy I use.

If these are American Pot Stocks I would tell you to bail immediately because they are Pump and Dumps. But these Canadian LPs are legit companies with earnings and high future projected earnings and Canada is going to legalize in like 6 months...

So the question to ask yourself is, "Can I NOT look at my account being down close to $10,000 each day for a week?" Maybe just don't look at your account IF you think these are going to continue up... It's the Greed/Fear combo we all have... Depends on the loss you are willing to take. I think trusting the bull market here would be a wise bet... BUT, if you're not comfortable with the size of your position cut it in half (i.e. sell half but keep the other half) this may help you sleep at night... Then if the stock goes back UP add more... Just some suggestions. A $3,500 or $4,000 loss is nothing you can make this the next time these run in a few hours. So if you need to cut your shares in half to sleep at night and have capital to sit on... Or if you want to hold... Hope this helped.