Post by
MartialArts on Jan 09, 2018 3:53pm
Tempted to short sell at $3, is it possible?
I was trying to short sell a small amount of HIP just to get more familiar with short selling. I know it's risk and only professional traders normally do it but getting experience on "both sides of the trade" seems important these days.
As anyone had any success? I like Newstrike and I would only short sell because the valuations here appear to be at extreme touching the $3. I almost bought it at 75 cents and would only sell half of my holdings if I had.
If you have been able to short sell, please tell me what brokerage firm you use. Thank you.
Comment by
acedabjuly2018 on Jan 09, 2018 4:06pm
No idea which brokerage, but i would take a look at the weekly and daily chart before you try any move on shorting.Seems at this time only a select few pot stock are on the decline.The momentum in the pot sector is strong.
Comment by
Wonnetr on Jan 09, 2018 5:01pm
Try basic short selling first. Sell and wait for it to go down to the price you believe it will go to. Then buy back more shares. But I would not recommend shorting weed stocks going into the first national legalization of weed in history of nations.