CLST Holdings Inc (CLHI)

[Renegades17]

Event risk taken off the table



Prior to this week, there was event risk priced into the stock as we didn't have a clear view on how the judge would rule. There was very strong conviction that things would work out, but still some uncertainty. That's been resolved and as a result, we have a higher floor on the stock.

There will be volatility due to the churning of the investor base that I mentioned and the thin float. Volatility works both ways. My advice is to figure out your internal price target, adjust based on new information as it comes out, and act appropriately. Try to pay less attention to intra-day swings as they could be violent (with an underlying upward trend). If you have the means, buy the dips to take advantage.

As far as I'm concerned, we have numerous POSITIVE information catalysts that are forthcoming. Looking forward to seeing what happens.