The goal, if you are a trader, is to be in early, but not too early.
Most traders will hold a stock from as little as a day (daytraders) to as much as a few months ("short-term" traders). As for XXII, being mainly a short-term trader, I should have sold it when it moved over $1.40 back in Sept-Oct. However, I made the traders classic mistake of getting greedy and not taking a profit when I had one. Now I will be waiting until the next price catalyst occurs, hopefully sometime in June when XXII submits their FDA applications. Hopefully I will not make the same mistake twice. - LOL
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