RE:Greed and FearIt's an interesting take and I hope you are right but isn't it safer to own the WMD.DB just in case, they need to raise equity?
The rationale for holding the equity instead is the liquidity but that preassumes equity traders will have the foresight to sell before dilution or equity holders are already accounting for dilution. Either way, only WMD.DB benefits from the dilution directly.Equity holders do too in the long run but in the short run its just more supply.
It's always possible the debentures are a zero too but you should earn some interest along the way so you are still better off if you are HODLer, like I too often am.
This is not investment advice and is not intended to be read by anyone who isn't already long the equity or thinking about going long. If you are bearish on WMD equity, I know I am dumb, you don't need to tell me again.
Wrywisdom wrote: As Coxon said the other day, Weed MD is on track through a multitude of initiatives for exponential growth and profitability. Loss per share is now shown down to four cents. Compare this to nearly any of their competitors.
Greed and fear as the truism goes tend to dominate markets, and the slow trickling of Weed MD value is precipitating fear and irrational conclusions, actions and statements.
One would be most foolish at this level to sell, as there will likely be a dramatic surge in the near future based on facts and performance.
As with nearly all stocks, there is some manipulation going on and todays drop was precipitated by one big 150k share sale. Short seller? Perhaps trying to make stockholders more nervous to shake them out of shares?
Who knows, but hang on! Patience will overcome fear and be amply rewarded.