RE:I'm taking CIA's moneyslottygoddy wrote: Hoping on a prayer my friend.
You're going to puke/sell your shares to me when I cover
good luck paying your bills son.
Will give you credit for admitting you are a short seller however here's the reality of things:
1) You are betting the Shareprice will no go up
2) You are
under contract to Buy (Cover), regardless if the price goes up or down.
3) CIA (or anyone else) is under NO contract to sell nor Buy and he can wait on this stock, Cannabis Reform News, new deals out of Tilray etc etc... for as long as he likes.
-> Not everyone day-trades or swing-trades.
-> Some folks are very patient and run Averages Strategies with partial buys and partials sells (only at profits).
I will hazard to also speculate that the vast majority of Investors and Traders (even Shorts), believe US Cannabis Legalization is a matter of
WHEN not IF and this will move all Cannabis Stocks higher, despite them being US or Canadian as we have all seen in the past.
Best Regards.
Q
- Long on Tilray