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#11
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Quote:
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 | |||
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