Post by
Ggeeman on Mar 13, 2018 1:21pm
One last question regarding warrants
I have noticed that the volume has dried up quite a bit . is it not concerning with regards to being able to liquify a position ? Is it low because not enough investors care ? Also do institutions buy warrants up on the retail market? Was wondering if this would help pick up some volume . otherwise it seems like its not worth holding long because of the chance that not just time value will decay , but it will have less investors than we have now interested even less I cant seem to find an answer anywhere . Anyone please that can answer that thank you in advance .
Comment by
VeritasVern on Mar 13, 2018 1:29pm
The easy money was made in Jan when all the new investors piled into MJ stocks to become rich. It is now back to reality and making profit from here going forward will likely be based more on true valuation. Without anything materially changing I can see this stock trading at a range of $1.00-1.30 in the next several months.
Comment by
Ggeeman on Mar 13, 2018 4:32pm
is it like sgx ? Where Mm control the liquidity. I'm Curious because I hold a large position as I know a few others do too . I would hate a scenario where pandemonium happens and everyone is racing to sell and tumbling the warrant price hard . Please anyone . hossain?
Comment by
VeritasVern on Mar 23, 2018 6:07pm
The above was mr Ggee on Mar 13, who was really concerned and unsure. He's up and now beating his chest. lol
Comment by
pp19888 on Mar 23, 2018 6:55pm
He must be selling, then chasing it back as I see warrants haven't retraced much unless he is flipping for half a penny. 12M traded at 0.22 today. Alos, Volume is down to the whole MJ sector, once US market stabilize, volume might start picking up as early as next week.
Comment by
Weedzilla on Mar 28, 2018 8:12pm
Picked up more today. Now have 200k. Every penny, -2 g notes. YUMMY. $$$. I'd ultimately like to lev. up to a million, but when these suckers start to really take off, -might be better to not miss the boat of the regular sp kaboom and load up as much as possible. *We just need a gd good nr to set this whole thing on fire... Gl everyone!!!
Comment by
pp19888 on Mar 28, 2018 8:49pm
News is not gonna make this fly, as most of the other MJ stock had really good news recently still going downward, so whole sector has to lift up imo.
Comment by
Weedzilla on Mar 28, 2018 8:59pm
Agreed. If there was huge nr tomorrow it would be a waste. Why do you think the whole mj sector is being held back right now? Your thoughts...
Comment by
aceupmysleave on Mar 28, 2018 9:02pm
This post has been removed in accordance with Community Policy