Post by
brentski99 on Apr 12, 2021 7:42pm
What's the hurry in exercising the warrants?
The stock price has only one way to go and that is up. Cannabis stocks like VIBE are a rare breed. The legislation coming forward from our American Democratic friends bodes nothing but great things ahead for those invested in good MJ stocks.
Modern Monetary Theory which is being embraced by governments everywhere will inflate the hell out of assets wordwide and will drive stock prices to the moon. Interest rates will only rise once the balance sheet is closer to normal. Until then it is going to truly be the wild west such as we are witnessing now in the real estate markets as just one example.
Timing will be everything and being invested in this VIBE stock is one place I feel comfortable being. VCAN is another story but I am not giving up on it yet.
Comment by
lscfa on Apr 12, 2021 8:58pm
The way the transfer agents have mismanaged the distributions you may need months to be safe.
Comment by
Jamesedgar1 on Apr 13, 2021 9:16pm
If the warrants are in an RRSP it really doesn't matter if they are exercised sooner than later.
Comment by
dileas48s on Apr 14, 2021 7:51am
Perhaps your comment is directed at tax consequences? I would suggest that someone who exercised their warrants and sold at $1.35 is in a much better position than exercising their warrants and selling today.
Comment by
davgro on Apr 14, 2021 10:51am
I exercised my warrants as soon as they appeared in my accounts on March 24th I then sold half my VIBE holdings on April 6th when we broke the $1.40 threshold and there was heavy trading volume. I am now wishing I had sold it all. I have orders in to sell the remainder if we hit $1.40 again or breach the $1.10 mark.