Replies to post #3578 on GW Pharmaceuticals Plc ADS (GWPH)

[YoungLonghorn]

I agree this is a great LT play, but I think this is also a good trade in the short-term as well, that can net 5%-10% a flip if you play it right.

I'm not so sure either that the true bottom is in on this one yet as interest rate hikes and instability in the biotech market is a cause for some concern. Fins will be out soon as well, which could be a catalyst for upward or downward movement as well.

I'm not so sure if we will or not, but part of me hopes your right though and that we do see that $65-$70 range again, because I think LT that's an easy double.