Australian company granted first licence to commercially grow medicinal cannabis, page-33

It's bit of short term view unless your day trading. A retrace of stocks is actually a good thing to bring it more in line with where the company is at financially and helps holder accumulate more stocks. These stocks are highly overvalued at above 75c due to lack of revenue, it is all speculation about future earnings. I bought shares at .21 traded out a packet at .80, accumulated at .478, this way my average is still sitting at .24 now and waiting for next news. Will wait for fall off then accumulate more, each time taking profits but keeping my average buy in price relatively in line with inflating price of stocks over time.

Some will just sell out all and buy in again on low but I prefer to take few thousand $ profit at a time and keep my low in line with inflating share price over time, this way if company starts to plummet I can still sell out and make a profit.

Each person has their own strategy but mine is more about picking moments than worrying about a low at the end of the day.