If you're talking in excess of .112 or .113, I respectably disagree.
A) I'm not expecting a gap up, there wasnt very strong buy support at the end: might see .106 at open.
B) if there is a gap up, anybody who missed selling today will be waiting tomorrow and the shorters will slam the price: how far? Not below .10 IMHO... Any opening gap up will be met with shorts. Any gap up followed by shorts (without a squeeze) will just result in abating any excessive enthusiasm by the amateurs who don't know what they're seeing: they'll get excited, see all the selling and lose their momentum, and bail... Taking with them their buying frenzy that could drive the price higheri.
C.a) I don't think the Feds have to respond until the first store is licensed and opens the door to customers without medical cards. Is that tomorrow or like CO, will it take most of 2013 to get situated.
C.b) the Feds won't go after people with a few plants, they go after the big fishes, so the legal use of using it and carrying a ounce will be "legal" because local or state agencies would be the ones with the jurisdiction most likely. Unless you're already under investigation by the Feds and they have a reason to detain and search you.
If the Feds say anything, it'll be non-committal to either side. It will not be 'turning the other cheek' or 'turning their head away'... No matter what, they're watching and looking for weakness.
Of course, I could be wrong and they could say "dude... ... Um... Zzzz .... Um... Let me hit that s***!", however unlikely.
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