RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cause for concernI can appreciate that Steve, like I said, all the best.
smallcapsteve2 wrote: Firstly, I apologize if you feel offended by anything I have said. I guess we will agree to disagree on the word "index"... I have no interest in having feuds with people online, I just know some got freaked out, so I just wanted to give me insights. It isn't about you, it's about all the new investors that are freaking out. So please don't take it personally.
I think you brought up a very real risk, and I applaud you for that. Again, most cannabis investors are very new and don't understand the risks. I will admit, I wasn't aware of this until you brought it up. I spoke with IAN's IR last week and when she mentioned the CDS thing, I didn't understand but didn't ask her to elaborate. I thought she meant something happened with a "Credit Default Swap" which is way beyond my circle of competence. I didn't know she meant the system that clears trades in Canada might stop clearing trades.
I have no intentions of selling. None. I would never encourage people to buy a stock and then sell it the next day... The only way I would do this, is if a stock had a crazy run on a day (went up 70% and hit my target). I don't play games like that. Regulators would be able to find me, Im on twitter. And I don't want to wind up in jail. You will see me tweeting about this stock this week, next week, and well beyond. Right now my target is north of $20. If this changes, I will make a note to come on here and let you guys know.
Since you asked, the securities lawyer (this is a friendly conversaion I had with him, I don't want to mislead people into think I paid for this advice) said:
The risk does exist, because the TMX group doesn't want to expose themselves to this liabilitiy. But he feels its a low risk.
And finally, I can't believe I am saying this, but:
LETS GO BUFFALO! (This post distracted me from the bills playoff game, haha)