Haha :) I also have a dozen suitcases.
Ok... here are a few of my thoughts, but look, everyone has to evaluate their own situation and evaluate the risks. However, I realize it's nice to have someone to bounce ideas off of, so here's my take...
You've seen this stock over the past several weeks... a few up-days, a few down-days, but mostly staying within the 50c-60c range, so I think today and next week will be nothing new, unless we get news.
Last week, when it got down to 45c, I bought another suitcase, and then news and clues started dropping, so I started buying more suitcases... I am up to my eyeballs in shares, and there's no way I'm letting any of them go to make a few extra thousand dollars on a couple flips. Take a step back and realize what is in front of us. Whatever I make flipping will pale in comparison if this goes the way I think it will.
I wouldn't want to be caught short (that's an extremely dangerous position), and likewise, I wouldn't want to be caught with cash on the sidelines. A major announcement will either come before the Swiss market opens, and thus I WOULD NOT have a chance AT ALL to buy additional shares or cover short, or it will come mid-day with a halt, a big gap, and a sharp run that will leave me chasing.
Sooo... knowing what I know after weeks of dd/research... I'm all-in and waiting patiently. Besides... why try to flip today? Tomorrow is Friday, and I (like everyone else) will not want to be short or without shares over the weekend. Not many people are talking about it right now, but there's always the chance that Rep Andy Harris and Trump being together this weekend is no coincidence. I'm not saying there will be an announcement, but we seem to be getting closer and closer to the FDA decision and subsequent communication.
I'm not worried about penny dips anymore... I'm focused on exit strategy and re-entry on the gigantic moves.
(This is my amateur opinion... please seek professional advice before trading or investing in any opportunities. Of course, I could lose most or all if this doesn't go the way I want.)
Disclaimer: I am not a professional advisor. Seek professional advice before investing or trading. I take risky positions and do not advise anyone to follow my opinions or actions.
