PINL:GRPOF - Post by User
Comment by
Tameraq2on May 31, 2018 2:35pm
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Post# 28107081
RE:RE:RE:RE:RE:RE:RE:I'm glad I have converted all my stocks to tbp
RE:RE:RE:RE:RE:RE:RE:I'm glad I have converted all my stocks to tbpgkmackdadzzz1 wrote: Tameraq2 wrote: gkmackdadzzz1 wrote: hi maddbox.
let's not lump tbp with "the sector". as has been stated so many times by leaf et al when it behooves their opinion, tbp is not an mj stock. they are a "pharma" company that has piggybacked off the mj hype.
but to your point, yes the mj sector hit all time highs in january, but not all of those companies have slid down from there. most have traded up AND down from there.
sure tbp has seen the selling pressure cool off the last couple weeks, but it also has NOT seen new buyers. which brings me to my original point (which is not a rumour) that publicly trading warrants probably won't help short-to-mid-term share price.
respectfully, please allow me to break down a simple scenario (and i realize it's not for you but maybe for others such as tameraq or busted).
Example given:
Let's say you have 7500 shares. Which translates at today's share price of ~$5000. You believe in the "pipeline" so want to guarantee yourself to as many shares - not today, but "LONG" - as your capital can obtain. Oh look warrants available! You see warrants and they available for 0.05c. You think, "wow, with my 5k left in capital i can get 100,000 warrants". That's pretty good! You're completely leveraged since you've been averaging down for 6 months and your only capital now rests in TBP shares. Do you try and grab some warrants at the expense of trading out or do you hold your position not really seeing the value in a warrant? Dilemmas. What to do.....what to do?
To be continued.....
madboxx wrote: the entire sector took a slide from January, I think weed hit 24 bucks! TBP has been holding it's own since then, like I said a few pennies in either direction means nothing. glta
Where did you get the value of the warrants?!!
i rest my case.
Well your case is based on warrants value of $ .05!!!!!!!!. Do you already know that? Who told you? Are you an insider?