The risk at the moment is very high, based on what we do not know and what the market is telling us, this is fact.
If you take a look at the opening prices of this share over the last 6 months, besides the big open with the company name change etc, this stock does not open with a bang. My point, even if there is good news (which is a big assumption) you can just buy in when the market opens. Worst case you might miss out on 0.002 cents worth...but considering the 'sky high potential' that amount is not worth the risk at the moment.
It actually makes no sense to hold, risk outweighs the reward. The smart money is tell you not to hold at the moment. If it tide changes, you won't miss the boat, maybe only a seat 1 spot to the left of the window. Work it out people. Do what the day traders do, they never miss out. The know the money can be made without missing out and taking the risk.
Peace
WGL Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
