Aleafia Health Inc ALEAF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Sp low

[Toweringmars]

Sure I plan on holding long, but 3 years locked into something that has little to no volume isn't appealing to me. If something unforeseen happens and I need to pull my money I'm not looking to take a whopper on it. The spread is $4.50 right now on low volume. So if you did by chance need to pull money out, or want to trade a little, your stuck with a %6.42 loss + commission on a good day. The deb's bear an interest rate of %8.5 payable semi-annually, so you'd need to hold these for half a year at minimum just to break even from the spread in the event you need to sell, not to mention they're UNSECURED. If the industry takes another big Canntrust or Canopy hit, DB's will feel the pain at a multiple that the freetrading shares will. And in the very unlikely event that this company gets caught in hot water, or halts and has a major problem, your DB's are unsecured (as are the shares I realize) but will hold no value (as no one will be buying db's of a limping company). Further to that, in the event of a RT or buyout, you wont get any compensation for DB's other than them carrying on. Whereas shares will be compensated and hold voting value. Also how are you so sure the shorts are buying DB's?? Currently ALEF has 25% of its volume on the short side. And its been roughly this way since May 1st. What's the catalyst? Sell in May and walk away... The summer doldrums are wrapping up and short % will likely move back down to the 10 - 15 % range. So to sell now is silly, especially to move into the DB's. You'd need a major rally to move those prices up, whereas here, you see the price fluctuate on average 2-4 cents daily, so if you we're a trader you could easily capitalize on these moves far sooner than going long into the DB's. Just my thoughts on that strategy. Though it does have its upside if your a purist and have that level of patience.