Quote:
Originally Posted by Orruar
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The price was at 0.16 when I said to sell. It's now at 0.116. Hope you cashed out some of your lottery winnings. At this point, you're the chronic gambler who just won a roll of roulette, and now you're putting all your winnings back out on the table, in hopes that they live up to the recent hype.
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Orr thanks for the concern man. Read my earlier posts - I did cash out a good chunk at .2215; then bought more with some of the profits. I had 60k shares averaged in at .021. I sold 45k at .2215, then bought back at 25k at .16. Leaving me with 5k profit and 40k odd shares that are 100% free and paid for.
Whenever I hit a 2 or 3 bagger or more (like this but not very often do I see a 11 bagger) I always try to protect profits yet freeroll a sizable chunk too. Wish to god I would have done that with JAZZ back in 2009. I got in at .16 but got greedy and sold my entire position at 1.40. I was convinced it would tank. I ask myself to this day why the fuck I didn't keep 10k or even 5k shares. 10k shares would be close to half a million today
[You must be logged in to view images. Log in or Register.] Why I leave some of the profits on the table as freeroll shares.
How is that chronic gambling? This stock is highly volatile. After rising from .009 to .245 in 2 weeks its going to need to gap down and fill the gaps - 74 million shares traded today. It had a couple of days of 50%+ gains in a row; today it retraced 30% and filled a lot of the gaps. My only regret with CBIS is that I wish I would have waited until today to rebuy the 25k shares instead of yesterday- would have been freerolling over 50k shares instead of 40k but oh well. I can't get too greedy.
Keep an eye on this and you'll see it hit .25+ in March; likely within the next week when biopsy results come out.
And FYI - check after hours and the Lev2 bid/ask stack. Its not down to .10 a share - closed at .1165.
CBIS CANNABIS SCIENCE INC COM
0.1165 -0.0465 (-28.53%)
Bid 0.1021 Ask 0.17 Vol 74,701,064
Real Time Quote by OTCBB @ 8:20:55 PM EST