Man that is strictly up to you.
Most folks that play pinks have their own game plan as to when to get out after a buy. Usualy you get your exit plan worked out the moment you buy.
It all depends on how the stock moves or the story.
The 100% gain and sell half is always a killer play. Sell half your shares once you have doubled your investment and take your original cash out. Like in Vegas and playing with house chips.
You score selling half shares @100% then you are sitting on free shares with Zero cost and you have cash back inb hand to take advantage of the next big dip in price. Hold and maybe flip those new shares for even more free.
Some of these you can flip over a few year period and really build a base of free lotto tickets.
Now CBIS, for me had too much of a story and tight time line to even thing about selling. Plust the low free float of trading shares kept me from the flip play.
Like the guy who sold 5+M shares Wed, no way did he have the chance to buy back lower. The price jumped back up too high.
Ya just don't want to lose money. You'll lose on pinks later on, savor these.
If you are in below .10 your doing great. When you sell, if you ever sell is strictly up to you.
Alot think this is going over .40 next week. Including me. Every day is new and who could even predict that red engulfing candle WED.
If that could have been predicted, most would have sold.
The best thing is to get your original investment out wheather it takes 1/2 your shares 1/10+.
We all know the up comming events and dates on some. But you have to be asking what will keep most wanting to stay in this stock after the fact. Thats what everyone is second guessing the past few weeks.
No one knows, not even the chartist among us. Ya never know when some institutional buyer may come in. Maybe after P19 passes and most sell out into the vote date, then a Phillip Morris comes in and buys $20Million worth of the stock. Its all part of the fun, not knowing.
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