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	Comments on: CARA Near Top of Triangle Pattern, On Watch for Next Buy Signal	</title>
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	<lastBuildDate>Tue, 08 Nov 2016 21:03:57 +0000</lastBuildDate>
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		<title>
		By: oxienergie		</title>
		<link>https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2835</link>

		<dc:creator><![CDATA[oxienergie]]></dc:creator>
		<pubDate>Tue, 08 Nov 2016 21:03:57 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2834&quot;&gt;rsotc&lt;/a&gt;.

Yes, didn&#039;t want to get too greedy so I thought I rather book fast profits. Thanks for your thoughts on CARA. As I said, I think I will get back in sooner or later.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2834">rsotc</a>.</p>
<p>Yes, didn&#8217;t want to get too greedy so I thought I rather book fast profits. Thanks for your thoughts on CARA. As I said, I think I will get back in sooner or later.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2834</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 08 Nov 2016 17:42:10 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2833&quot;&gt;oxienergie&lt;/a&gt;.

Congrats, I assume that you booked some pretty tidy profits on CARA. 

FWIW, I should mention that although I have CARA on my cannabis stocks watchlist as I found it when searching for marijuana related stocks, I don&#039;t think that the potential post-election &quot;buy-the-rumor, sell-the-news&quot; sell off that I mentioned as a possibility with the pot stocks will apply to CARA, at least not to as large an extent as the pure-play, penny stock (or recently penny stocks, now $1+ stocks). CARA is a biotech co. &amp; the best I can tell, only one of several drugs they have in their pipeline (clinical trials) is cannabis related &amp; even then, as a cannabinoid receptor pain medication, I believe that drug, if approved, would not fall under the same restrictions as medical marijuana. Again, I could be wrong on that but I believe that the drug would be legal (as a prescription) in all 50 states. Just wanted to share that as if I am correct, the outcome of the 8 states voting to legalize recreational or medical marijuana today should have no bearing on CARA from a fundamental perspective.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2833">oxienergie</a>.</p>
<p>Congrats, I assume that you booked some pretty tidy profits on CARA. </p>
<p>FWIW, I should mention that although I have CARA on my cannabis stocks watchlist as I found it when searching for marijuana related stocks, I don&#8217;t think that the potential post-election &#8220;buy-the-rumor, sell-the-news&#8221; sell off that I mentioned as a possibility with the pot stocks will apply to CARA, at least not to as large an extent as the pure-play, penny stock (or recently penny stocks, now $1+ stocks). CARA is a biotech co. &#038; the best I can tell, only one of several drugs they have in their pipeline (clinical trials) is cannabis related &#038; even then, as a cannabinoid receptor pain medication, I believe that drug, if approved, would not fall under the same restrictions as medical marijuana. Again, I could be wrong on that but I believe that the drug would be legal (as a prescription) in all 50 states. Just wanted to share that as if I am correct, the outcome of the 8 states voting to legalize recreational or medical marijuana today should have no bearing on CARA from a fundamental perspective.</p>
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		<title>
		By: oxienergie		</title>
		<link>https://rightsideofthechart.com/cara-near-top-of-triangle-pattern-on-watch-for-next-buy-signal/#comment-2833</link>

		<dc:creator><![CDATA[oxienergie]]></dc:creator>
		<pubDate>Tue, 08 Nov 2016 15:40:48 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=173659#comment-2833</guid>

					<description><![CDATA[Thanks for sharing &lt;a href=&#039;http://rightsideofthechart.com/members/rsotc/&#039;&gt;@rsotc&lt;/a&gt; I sold my shares today. Will buy back when the scenarios you pointed out are in play.]]></description>
			<content:encoded><![CDATA[<p>Thanks for sharing <a href='http://rightsideofthechart.com/members/rsotc/'>@rsotc</a> I sold my shares today. Will buy back when the scenarios you pointed out are in play.</p>
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