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warfaretrader

10/11/18 10:23 PM

#9993 RE: GreasyPT #9989

Your not going to see another parabolic move in CANB till sometime next year, IMO As I said weeks ago this will need time to work off it's last move. Regardless of the DD/share structure/low float, monopoly in NY, hundreds of doctors praising their products. That's what gave you a 1200% move. Whats going to happen next? Small pops in pps on a decent volume day, like today to lure in some in hopes of the next parabolic move, but when that move fizzles out. Volume will continue to dry up as the weeks pass, then that's when the board becomes more and more negative, no news, no movement in the pps. I'll be watching for my entry point, but I don't see it happening for quite some time. This is how the pinky's are played. If you didn't sell into that last move then your options are limited and simple, sell and cut your loss and move on, or hold that bag, tie your trading capital up and HOPE you can get back to break even. Hope should never enter your trading plan!