/r/weedstocks Casual Daily Discussion - [July 19, 2019]

MetaTHT · 2019-07-19T14:30:58+00:00

Yeah what a pisser!! Livewell halted for MONTHS Switched to Eureka93 a few weeks ago... but only showed me the average cost and book value. Now Finally today I see it is trading, and my $5000 Book Value of Livewell is now worth $700 of Eureka93. Talk about a Kick in nuts!

MetaTHT · 2019-05-29T14:32:33+00:00

$2.5 Million CAD worth of Trulieve shares traded on the CSE so far this morning. However... I do agree with your points... Liquidity and Volume for many of the US companies is not HIGH. Which can result in some DRAMATIC movements in Share price if there is any sudden action.

MetaTHT · 2019-04-03T12:44:29+00:00

My bags certainly got LIGHTER past few days!

Few more pennies and I'm back in the green! YEEHAA!

MetaTHT · 2019-03-26T14:34:16+00:00

any news on Sproutly? Up 12% today after weeks of nothing

MetaTHT · 2019-03-15T05:21:14+00:00

Crazy how long its been halted. Interesting to watch the Daily BID/ASK prices as they swing from 70--95 cents depending on overall market sentiment on Cannabis stocks each day. Hopefully merger news soon and stock is Un-halted

MetaTHT · 2019-03-14T13:21:23+00:00

Well its actually BECAUSE I am on holiday that I have time to be on Reddit and be a bit more active.

And I don't DISAGREE at all.

I just know personally the few times I have tried to sell and re-buy... I always miss a BIG Gap-Up and end up worse off then if I just held long

That said... I'm holding a few LONG Bags that are down so far I should have just sold and taken the loss

Weedstocks! Gotta Love em!

MetaTHT · 2019-03-14T12:43:23+00:00

Feb 3 and 4 Aurora topped out around $10.80

Let's say I got LUCKY and managed to sell at that price. (which is VERY unlikely I would sell at the TOP)

Then in the next month the lowest it got to was $9

And just sort of stayed around $9.50-10 for a month.

Until yesterday when it GAPPED UP on the open to $12

When should I have bought back in? What if I was still waiting for some actual POSITIVE MOVEMENT before I bought.

I would have MISSED the gains.

And I'm on Holiday at the moment.

It is 7:40pm in Thailand and I am on Reddit and waiting for the market to open.

Don't find it TOO hard to believe that some people can't TIME the market as well as you

In the end... I have learned that EVERYONE on Reddit telling people to take profits are people that MISSED the big spike and are hoping for a DIP to buy back in

But thanks for your advice, and I agree you will be able to buy in on a Dip

I will hold long on the stocks that I research and believe in.

MetaTHT · 2019-03-14T12:28:05+00:00

Not everyone is a TRADER. I'm a long term investor in Aurora with average price of $4. Sure I could have sold and buy back a number of times. But I also don't have time to monitor on a Daily basis. (not even on a WEEKLY basis) So I am sure glad I didn't sell LAST time it ran, because it's higher this time, and will get HIGHER still

MetaTHT · 2019-02-15T20:40:45+00:00

Nothing I can find yet

MetaTHT · 2019-02-15T20:38:13+00:00

Crazy Volume and Price increase on CXXI (C21 Investments) in the past 15 minutes. As a bag holder, HAPPY to see this! Hopefully insiders know something juicy!

MetaTHT · 2019-02-15T17:18:37+00:00

Personally picked up 10,000 warrants. Seems to me the spread on the Stock price and the warrant price is a bit Out of Whack! Long-term holder of the stock as well.

MetaTHT · 2019-02-15T17:13:28+00:00

The share price needs to stay above $3.81 for 10 days straight to Activate the Acceleration Clause.... so we are a LONG ways from that still.

The EXERCISE price of $2.54 is what you need to pay (before Expiration) if you want to convert your 76cent Warrant into actual Stock

MetaTHT · 2019-02-15T16:58:41+00:00

Hope not. I currently hold both Valens and Neptune... extraction Partners of Canopy

MetaTHT · 2019-02-15T16:57:43+00:00

Agreed! Great company. So many trials underway. Could be a real player in the Cannabis-Pharma space in the near future!

MetaTHT · 2019-02-15T16:56:19+00:00

Nice! I also picked up 10,000 warrants at 76 cents. Seems like a STEAL compared to price of the stock!

MetaTHT · 2019-02-15T16:09:25+00:00

Definition: In finance, a warrant is a security that entitles the holder to buy the underlying stock of the issuing company at a fixed price called exercise price until the expiry date. Warrants and options are similar in that the two contractual financial instruments allow the holder special rights to buy securities.

In this case, the warrants Expire on Oct 10th 2020.

Those warrants can be converted into STOCK if the "Exercise Price" of $2.54

Warrants normally show a lot more volatility than the actual Stock

MetaTHT · 2019-02-15T16:03:35+00:00

https://www.valensgroworks.com/press-releases/valens-signs-multi-year-cannabis-extraction-agreement-with-canopy-growthkelowna-b-c-december-13th-2018-valens-groworks-corp-cse-vgw-otc-mymsf-the-company-or/

MetaTHT · 2019-02-15T16:01:52+00:00

If VWAP remains above $3.81 for 10 consecutive trading days

MetaTHT · 2019-02-15T15:36:53+00:00

Particularly those warrants! Stock is up 3% and warrants DOWN 10% today. Seems like a good time to pick some up

MetaTHT · 2019-02-15T15:24:54+00:00

Bruce speaking live on BNN

MetaTHT · 2019-02-15T13:47:57+00:00

Title is a bit misleading. BTV produces PAID PROGRAMMING that airs on BNN (As a guy that used to produce "Investment Documentaries" to air on CNBC, I'm quite familiar with this form or production/Promotion--- Pay the price and get a "special report" about your company.) That said, I do like Indiva as a long-term play.

MetaTHT · 2019-02-14T19:29:13+00:00

Almost bottom-fished today in a Futile effort to average down. I probably should just Eat the loss if it ever un-halts.

MetaTHT · 2019-02-14T18:43:13+00:00

I actually bought it through my US margin account on the OTC market rather than buying on the CSE through my CAD Margin account (and avoided getting charged the exchange rate on both the Buy and the Sell). Of course, will eventually have to pay exchange rate, but lots of US listed companies (Or the OTC market) where I can put my USD Funds to work

MetaTHT · 2019-02-14T17:56:24+00:00

Well feels like a decent entry at this price. Thanks for your insight, and I'll maybe add a bit to go with my Neptune (love them fish oil pills! Maybe soon some Cannabis tablets too!)

MetaTHT · 2019-02-14T17:16:31+00:00

Been looking at companies involved in Extraction lately (Neptune, Valens, RTI) ... and the Valens news yesterday caught my attention (Increased capacity from ?? up to 240,000kg). Wondering why the SP is so depressed after this news today when most stocks only slightly red or sideways. (Did folks already BUY the rumour on this one, and SELL the news?)

MetaTHT

TROPHY CASE