POT is not going up because of it earnings, we know they were bad and they will remain bad for a good part of 2010. A normal stock would of readjusted its price to reflect the lower earnings.What is happening here is the "strong" rumor that POT may be purchased. If it happens the stock will be much higher, and if the rumor is not true it will fall quickly.Therefore, there are unforeseeable powers on the stock, given that it is impossible to rationally play POT. STAY AWAY unlit the smoke clears.
its supporting price because of the RUMORS
Maybe good advice but, too late for me now... I'm going to need to trade my way out this. Volitility is your friend but, in BOTH directions.