It really depends on the market or momentum before the vote. If we hit .50 or more just before the vote, I will take that all day and run. I do not think it will reach that price before the vote unless CBIS announces the DIVY just prior, then I think this will hit .75 or more.
I mean, profit is profit....I sold all my SIRI last week at 1.36. It might go higher on run-up to 3Qtr, but momentum was slowing and the chart was showing sell. Walked away with over $8K on this trade, but have swing traded that thing 3 times. I will look for a re-entry after the 3Qtr results. Same with CBIS, I think that we will most likely see a strong sell-off after the vote, which could provide a very nice buying opportunity especially if they are going to pursue the Divy and FDA approval.
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