I honestly never understood the investment rationale for Zynerba. If you're going to invest in cannabinoid treatments for epilepsy and other conditions, GW Pharma is far ahead of everyone else, best in class. And why bother with synthetic cannabinoids when you can easily use natural ones? Ok, Zynerba has an interesting delivery mechanism but thats about the only thing that sets it apart, and it's hardly more convenient that a CBD oral solution (and most importantly this mechanism clearly doesn't work very well). By the way, this statement must be a joke: "a favorable safety and tolerability profile, which is an encouraging fact"... the whole world by now knows that CBD (and all other cannabinoids with the possible exception of THC) is harmless!! Its a legally available health supplement, like cod-liver oil or vitamins. I give it to my kids. Come one, these guys are seriously clutching at straws if they think thats good news... I would stay well clear.
I own three accounts
.Coverdale for my child's education. Only trade growth/with divs for this account. NO momentum tradin, which I reserve for my ----
MOM account --- short term, i.e. no more than a year to complete a trade (one buy and one sell) using technical charts, calculated and enforced entries and exits, and profitable -- but not take over my precious sleep profitable. Usually I wait for a good stock to get pounded unjustly, and then I buy, scaling out until I reach my targee. Swing trading ok. Day Trading. Profit-taking strategies.
My other account is IRA and it is much like the Coverdale type trading but with more permission to MOM trade.
My most costly mistakes are caused by a change of strategy when I suffer a loss. This has caused me to make a few rules for myself. One is never try to turn a MOM trade into long. It always loses more than just selling at a loss rather than hanging on for a rebound. Must have been faulty evaluation of the data available. Sometimes it's new data, sometimes it's overlooked old data.
Now want to do an option. I've never even done a covered-call. Would like to use my stocks to gain premiums. I think if I'm going to reach my finanical goals before I die, I must have two things in addition to luck, i.e. successful MOM trades. One is DIVS the other is PREMIUMS, Gotta figure this out.