Reddit Posts
Brilliant Strategy or Wall Street Roulette?
Ignite Your Portfolio: 3 Must-Watch Marijuana Penny Stocks Before the Cannabis Craze Resumes!
I have read all your concerns about NEGG. Only 2 valid points. NEGG is Chinese owned. and NEGG risk of reverse split. They need to be addressed
I read All warren BUFFUD comment on NEGG
$RGBP Must read mRNA #FDA in play!
Are cannabis stocks worth the time / money?
Tilray, Decibel, Village Farms Poised For Success? Analyst Examines Canada's Marijuana Market - Aurora Cannabis (NASDAQ:ACB), Decibel Cannabis Co (OTC:DBCCF)
Weed stocks Price to book ratio is looking good
Penny stocks: Are these industries a buy or bye?
Rolling the dice: 3 penny stocks under a buck – Are they worth the risk?
What cannabis stocks are Canadians going with?
Warning! There are 5 penny stocks that are likely to experience even more significant declines.
Thinking of putting the rest of the money that I have in my account (400$) on ACB what do you guys think ?
Aight regards... lets start drumming up the frequency of these WEED STONK posts so that the hedge fund algos pick them up
Profit Potential in small packages: 3 penny stocks worth watching.
AI analysis of CGC, EZGO, ACB, ASTI, AVTX, and NVOS
ACB Aurora broke the 1U$D line in Premarket
ACB-Aurora Cannabis is up +69% still at 88 cents.
Help me understand options. How do I make money on this and how much if ACB hits $1?
ACB🌚🚀$1 Cannabis calls taking me away from the dumpster.
Aurora stock and weed back on track?
Aurora Cannabis Experiences Surge in Sales and Positive EBITDA in Q1 2024 - Best Stocks
ACB looks pretty interesting in this moment
3 Canadian Based Company Spotlights
To celebrate this Thursday the 20th, I bought some stock.
Aurora cannabis-Is it finally a good time to yolo? How low can it go?
ACB: The Stinky Stock That Might Fly High - Like a Fart in the Wind! 🚀💨
Aurora Cannabis [ACB] Reaches StockLaunchers' Target Price $0.73 to $0.75 Per Share
Aurora Cannabis [ACB] Approaching Target Price of $0.73- $0.75 Per Share
Aurora Cannabis [ACB] Hits All-Time Low - Followed by Fractional Breakaway Gap Upward
Nobody posted about Columbia's news "Colombian government-funded health insurance now covers medical cannabis"
"Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that the Company has closed the sale of its Aurora Polaris facility for gross proceeds of approximately $15 million, previously announced to be closing under the Company's ongoing
Aurora Cannabis [NASDAQ:ACB] Hits New All-Time Lows... Is This the Bottom?
TLRY ACB Support SAFE Banking
Aurora & Tilray Better Positioned Than Other Cannabis Operators For Germany's Imminent Market Launch, Here's Why - Aurora Cannabis (NASDAQ:ACB), Tilray Brands (NASDAQ:TLRY) - Benzinga
Aurora & Tilray Better Positioned Than Other Cannabis Operators For Germany's Imminent Market Launch, Here's Why - Aurora Cannabis (NASDAQ:ACB), Tilray Brands (NASDAQ:TLRY) - Benzinga
Game-changing news for US Cannabis - Buy $MSOS not Canadian companies ($TLRY $ACB)
Are Pot stocks going to zero or is this the opportunity of a lifetime?
Governor Newsom Signs Legislation to Strengthen California’s Cannabis Laws – California Governor $ACB $TLRY $CGC
Under the Radar, Recent NASDAQ IPO, Tiny Float Cannabis Stock Just Announced a Major Acquisition on a Sunday Night!
BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) Signs Agreement for the Acquisition of Israeli-Based Zigi Carmel Initiatives & Investments Ltd. In a Share Swap Agreement Valued at US $28 Million
BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) Signs Agreement for the Acquisition of Israeli-Based Zigi Carmel Initiatives & Investments Ltd. In a Share Swap Agreement Valued at US $28 Million
Cannabis sector is dirt cheap right now, but is it actually a good buy?
Let’s go $ACB I got a call option of $2 for October 7 for 300 shares let’s goooooooooo
Let’s go $ACB I got a call option of $2 for October 7 for 309 shares let’s goooooooooo
Learning the ACB’s of stock trading 😎
$ACB + $SNDL = if you not trading it correct by swinging what are you doing? its hard to go long on Biden inflation = take profit and enter NEW DIP = caution of R/S !!!
Mara-jew-wana sector gonna make a comeback. In depth anal y sis.
No dividends after 6 months or more
$HEM the stock with inexhaustible profit source
Large ACB Layoffs have boosted the ABC Stocktwits and Twitter
$ACB, shares outstanding 226M Short Interest (Current Shares Short) 37M 🚀
ETFs are ill suited for those in the withdrawal phase?
How do I sell very long term holdings without incurring large capital gains tax?
Morgan Stanley Reports $ACB Beat Consensus by CAD 0.24
24-HOUR POLL: Will Aurora Cannabis ($ACB) "Meet, Beat, or Miss" projected Q3 earnings tomorrow after market closes?
Is this a broker error, or is this the correct outcome for the PUT option that I bought?
Shrimps, anchovies and herrings are Selling $ACB... WHALES are having a feast!... BUY & HOLD!
$ACB Developing H&S Bottom as Senate Gets SAFE "Cannabis" Banking Back in the Works!
$ACB Developing H&S Bottom as Senate Gets SAFE "Cannabis" Banking Back in the Works!
$ACB Key Reversal Day After Hitting 6-Year Low
NOW's TIME TO SQUEEZE $ACB... LFG!!!
Ground Floor Entry into $ACB Reverse Head & Shoulders Double Bottom!
Bears and short selling vampire vultures have become absolute PIGS! They've oversold $ACB into a corner and have found no way out! It's time for $ACB BULLS to get revenge on these conniving sniveling snakes! Buy $ACB NOW!... BUY!... BUY!... BUY!... and DON'T LOOK BACK!!!
$ACB Developing Reverse H&S Bottom
$ACB Prepares to Open Above 11-Day Downtrend!
Top Marijuana Penny Stocks For Q2 2022 By NATHAN REIFF, April 04, 2022. - HEXO, OGI, and SNDL are top for value, growth & performance, respectively.
Can an options contract “decouple” from the underlying asset?
Popular Cannabis Stocks (ACB, SNDL, and TLRY) Jump on Potential Federal Legalization News
Weed getting legalized in USA .. April . TLRY and ACB both popping and short squeeze taking them way higher .
TLRY and ACB short squeeze started at 2:50pm PT … can you say next meme stock run - can we hold dell orders above $60 to get them there ???
Mentions
Same as I said with Google earlier this year, every permutation of outcomes on tariff still leads to higher stock prices. This supremely corrupt Supreme Court never isn’t even trying to disguise their anti-constitutional MAGA cult decisions anymore. If they did somehow rule against daddy, they could insert ridiculous exemptions. Or say bad boy, you must curtail this by end of 2027. Or say mistakes were made but (despite the authorities saying all tariff collection is of course tracked and thus trivial to refund) child judge ACB’s “uh, like, wouldn’t, refunds be tricky, so like, um, let’s not do that” And besides, the sum collected is not what the lie and child abuse cult party says anyway. They and daddy say trillions, actually number is 0.2 trillion. And this party is wasting similar sums every month one idiotic or illegal venture or another. Toss this cost on the pile of private jets for every crony, no tax on overtime, golden battleships, bulldozing monuments for MMA venues, spending half a mill per shot to murder Venezuelan boys for snuff content, killing off the IRS’ ability to collect revenue. And the biggest one of all: their hugely ignorant method of driving up our national debt funding cost with wildly unproductive deficit and debt policy. Even if the corrupt MAGA Supreme Court did shut the obviously illegal executive tariff taxation, the corrupt MAGA house and senate can just copy and paste whatever deranged chart daddy gives them, and pass it as congressional taxation. Lastly, even if the corrupt Supreme Court kills tariff terrorism and refunds it and somehow closes every loophole and workaround, that’s STILL a gift to the rapist-in-chief because that would be GOOD for the economy. In short, if they keep some form of the current insane status quo, line (ultimately) goes up. If they save the dementia patient and his cult party from themselves, line (ultimately) goes up. Could there be temporary over-reactionary dips? Let’s hope so. This is just like google a year ago: judge correctly rules on antitrust and breaks them up? Great, investors make money on the sum of the parts. Judge incorrectly lets google be antitrust? Great, investors make money on their freedom from justice.
ACB drilled through and didn’t bounce at all on the gap fill. Is this an indication for the others? Sndl isn’t looking good either.
ACB getting shorted hard... Where's the love?
$ACB Aurora Cannabis CEO. "We're pleased to see progress made today in the US, as President Trump signed an executive order to reclassify cannabis. As a global leader operating in 12 countries, and Canada's largest medical cannabis company, we welcome and support all positive reforms that lead to expanded access to cannabis. We see the focus on increasing medical cannabis research as a meaningful step forward for the global industry and look forward to engaging as this change progresses."
So true, RIP ACB yolo of 20IforgotTheYear.
Trump just signed executive order opening up cannabis trade ACB will 🚀🚀🚀🚀…
ACB has most sales in Germany and #2 Australia - they have not entered USA - but the CEO - Miguel has connections, the right ones acb will be partnered or bought out. My guess
they used to be the meme LP to trade. Then CGC and TLRY went down like 80% while ACB stayed flat, so people moved on
I'd tell you about my ACB play back during that era if it didn't hurt so bad lol. I know people that lost 100s of thousands.
I purchased Canopy (CGC) a few days ago based on the news regarding possible reclassification. Check out CURLF as well. The others I can think of (TCNNF, ACB) are not penny stocks but I'm sure there are more that are.
$ACB to the moon! 🚀🚀🚀 So, calls then?
Weed play: Long: CRON TLRY MJ Calls: ACB
coke about to drop 5 billi on ACB
no US operation, OGI, ACB, and HITI and etc are lagging too in that sense
But this is S3 news, XLY doesn’t have presence over there. I guess you can also bet ACB and OGI will go red first, whichever has less exposure in the US
TLRY, CGC, MSOS, GTII, and ACB are going to moon today!!!!!!
I am looking at cannabis stock with long days to cover and high - mid short interest, curious how others are trading **cannabis names today** given recent sector momentum and short setups. quick snapshot of some tickers I've looked at today source: fintel any catalyst on radar? ACB Days to cover -> 8.43 SI -> 12.37 IIPR Day to cover -> 11.83 SI -> 8.85 YCBD Days to Cover -> 4.19 SI -> 8.80 OGI Days to Cover -> 12.52 SI -> 5.32 IMCC Days to Cover -> 2.88 SI -> 4.13
Just bought far OTM calls on TLRY, MSOS, CGC, GTII and ACB yesterday. Can't wait to see to 1,000% or so gain today at open!!!
Wait, these CGC and ACB bags I am holding... might come back!?
$ACB restricted to trade on schwab)))) only via calling broker, crazy. they want to take all my shares! Less then 300k shares traded
I’m heavy in ACB. Happy bday buddy
I can't post screenshots here, but I can see it's the same pattern for CGC, TLRY, ACB, VFF, and SNDL has to be a glitch
Great question. Somewhere back in my comment history I've written this out a dozen times, so I'm not going into long detail, but you hit upon the key. I use Barchart (I think it's $20-30 a month) and search using their "naked put screener" which I have highly modified using ChatGPT over a period of 11 months. Basically I'm looking for high premium balanced with safety. 200 day EMA slope over 0 gives you companies that aren't declining. OTM Prob, delta, %BE(bid), RSI, all play a part. Then I dump those results into my spreadsheet as a second stage screener. I export Price/ATR among other things. Then I have helper columns calculate Expected Move, then ATR/EM. Then I weed out anything over 1.0 - that means their actual swerving all over the road is wider than the road. Then I sort by each of the major columns and trim the bottom rows. I've got an aggregate Score column, and Safety score column, and use those as well. Then I maintain a lot of diversity and I'm careful with my position size. I don't usually do more than 5 contracts, or less than 2. (500 - 200 shares). Historically, I've just picked whatever tickers are hot. I DGAF about holding them long-term. I'm hunting for premium, not buy and hold. I see equities as a liability. At best, they can grow slower than my premium income. At worst, they can drop overnight ... cash doesn't do that. However, I am starting to collect a few high dividend payers and I'm experimenting with a system to CSP and CC on those, as well as reap the dividends and the continual ACB reduction, along with their appreciation over time. I'm not sure if this will outperform my premium engine, but I'll measure it for a while and see if it makes sense.
ACB overated and overpriced. CGC price underated 🤪
Auxly, Rubicon, VFF, high tide, all are solidly profitable companies with passionate management. But nobody ever speaks about them. Even now when some investor site runs "best weed stocks" its still about TLRY, ACB, CGC. Speculation and hype is what keeps this sector in the garbage bin. Tilray and CGC traded at 40-200x revenue at some point. Now after burning 15 billion USD together they're at 1-3x which is still above the sector average. The dilution off of this number keeps them alive to this very day. As long as people speculate on trash companies, the sector will remain in the dog house.
Yea I'm enjoying just watching for the most part. It's just funny how people continue to over-generalizing reverse splits when we literally have ACB and OGI as two very recent cannabis reverse splits that didn't matter. People cannot grasp the idea that reverse splits don't **always** mean a company is going to continue to die off. It just goes to show how many people here are purely traders based off feelings and perceived momentum. If you are an investor who made a decision to invest in Tilray at their market cap before the reverse split, then you should be happy to average down due to a reverse split that changes nothing about the company's operations.
Oh yea, I just didn't mention Curaleaf because at least they seem to get a fair amount of people pointing out their financial issues. I definitely know what you mean about the switch flipping. Probably just a combination of people hurt by investing in LPs earlier, combined with most new investors jumping in on MSOs after Democrats won in 2021. But yea it's definitely been very hard to have a reasonable discussion regarding LPs around here in recent years. I remember when I was trying to say how ACB dropped way too much after their reverse split a couple years ago (<$3). That was a frustrating experience, trying to discuss both ACB as a company and reverse splits in general lol so many people just reflexively writing off ACB without even considering the situation may be different than it was many years ago.
ACB and OGI (potentially) are the only quick trades currently in this space based on their technicals. It's not financial advice. Glta
I think this is the big one and the only reason I'm in this play right now and not closer to midterms. No fucking way I believe trump. The guy is the biggest liar of literally all time. But I absolutely would put money on republican greed. I strongly believe we have hit the bottom (range) with MSOs. However I do regret not selling the last pop and buying back in, could've used those profits this holiday season. Also, TLRY looks bad. Giving me ACB vibes, not getting burned on that shit again
I have zero interest in getting involved with the Tilray discourse, but the most recent track record of reverse splits in our sector is actually good. OGI and ACB both reverse split in the last few years and have actually done quite well afterwards. OGI quickly got another investment by BAT, and ACB has never touched its reverse split low again. Again I'm saying nothing at all about Tilray, because it's a completely different company. But I do think its funny that these exact same comments were being made about ACB while I was buying them under $3.
SLNAF (-100%), ACB aka Aurora Cannabis Inc (-99%)
It will drop tomorrow sadly. ACB 7$. Should’ve sold at 35 but I’ll watch for 3-5 for shits and gigs
I know you're not new here....the rally earlier off the year when MSOS was at $2 was purely on the hope of reform. Since then it seems like the reforms we need are either convoluted (hemp ban bill is still vague) or simply hasn't happened (rescheduling). By that logic we can probably head back lower to ATH. Like what Heliumbox say, all these high debt guys are in trouble (which sadly is the majority of the industry) and as these stocks selloff even the best names will be dragged down. Be patient and smart about capital management - I'm only adding in GTI and now Auxley, with some ACB trades....
This is a great overview that seems to encapsulate his investing thesis quite well. Of the four of his picks that I chose to invest in, BAX is my biggest loser right now. I was lucky enough to get in before its most recent earnings report- even though he was singing its praises at least 2 earnings reports ago. And then I put a little more back in a week ago. So my ACB isn’t too bad. Hard to imagine what his paying clients that gave him upwards of $1 million might think about this one. I got in a little high at QXO. I’m in PYPL but not down by much. Was a tough decision but I decided to put some more into it today. Invested in VFC pretty low so that’s what’s keeping me afloat when you average out my gains/losses of the 4. But it is volatile. I haven’t been watching him for more than 6 months but I do see what you’re saying about him sometimes slightly leaning into politics. He also can be cocky sometimes and it’s a little off-putting but hey, he’s providing free content with relatively sound advice. Also, I wonder why he does these podcasts to begin with. He has clients that give him millions of dollars yet he’s sharing all the same knowledge and stock picks to viewers on YouTube for free. Maybe it’s hubris and he likes being quasi-famous? Or maybe he genuinely wants to help people. Either way, I plan on holding on to those for while.
This is a great overview that seems to encapsulate his investing thesis quite well. Of the four of his picks that I chose to invest in, BAX is my biggest loser right now. I was lucky enough to get in before its most recent earnings report- even though he was singing its praises at least 2 earnings reports ago. And then I put a little more back in a week ago. So my ACB isn’t too bad. Hard to imagine what his paying clients that gave him upwards of $1 million might think about this one. I got in a little high at QXO. I’m in PYPL but not down by much. Was a tough decision but I decided to put some more into it today. Invested in VFC pretty low so that’s what’s keeping me afloat when you average out my gains/losses of the 4. But it is volatile. I haven’t been watching him for more than 6 months but I do see what you’re saying about him sometimes slightly leaning into politics. He also can be cocky sometimes and it’s a little off-putting but hey, he’s providing free content with relatively sound advice. Also, I wonder why he does these podcasts to begin with. He has clients that give him millions of dollars yet he’s sharing all the same knowledge and stock picks to viewers on YouTube for free. Maybe it’s hubris and he likes being quasi-famous? Or maybe he genuinely wants to help people. Either way, I plan on holding on to those for while.
TTM PEG is at 0.83\* My bad. Still cheap. Not sure where you get your double from, but you might want to make sure your sources are up to date. You can have your fries when Nvidia goes below my ACB, which is $4. In the meantime, enjoy watching me and others getting richer from the cuck chair while you wait for the bubble pop that might never happen.❤️
I like ACB here. Strong earnings this season. Or strong enough. Keeping the uptrend, keeping the party going. If you sold this week you’re doin it wrong
ACB's questions also seemed to lead to this idea for her decision. Deem illegal but make someone else figure out fixing it.
are people tired of post company ER? just posted SNDL (released yesterday) and ACB (released today) to the fp, 2 stocks I don't even own. are we at or beyond capitulation at this point? lol
Well it popped and I hoped it would hold above my put strikes but now it's just below my ACB l, looks like I'll be assigned on the 28th but I might try and roll them out how long do you think we will hang around the 175 to 200 range?
hey, why someone is paying 3 percent to be short ACB - who does not smoke those days
People will tell you it’s neutral to bull. I think that’s irrelevant. People are buying and selling options of both types during every market and profiting. My point is don’t worry about things you can’t control. Take charge of the things you can control. For my own strategy, I run a very lopsided wheel. My goal is to be all CSP, but when I do get assigned, I’m not greedy and I don’t want to hang on to shares for a long time. My goal is to get the shares off my books as soon as the strike + premium covers my ACB at a delta that will sell.
Here are a few bullet points taken from the CNBC article this morning: 1. "Companies In This Article" WEED-CA +0.01 (+0.58%) TLRY +0.01 (+0.75%) CRON-CA+0.12 (+3.52%) ACB-CA +0.22 (+3.26%) Same Old CNBC Bullshit Just a Different Day. When referring to the US cannabis market, please list US companies. 2. "Publicly traded cannabis companies have seen their share of ups and downs." "Verano posted a net loss of $44 million, partly due to a $5 million impairment charge on a facility in Pennsylvania and $10 million in legal contingencies as a result of a settlement." Wrong. It was 11 million. 3. Next week, two U.S. cannabis giants, Curaleaf and Trulieve, are set to follow in reporting earnings. Forgot to mention that the largest U.S. cannabis company, GTI, reports next week. 4. "We could be looking at a true inflection point for cannabis. If reforms move forward, it could attract more companies to do business in the U.S.,” Tilray CEO Irwin Simon told CNBC. How many more times do we need to read this same old quote from Grease Ball? 5. "Cannabis legalization in the U.S. Recreational cannabis is legal in 25 states and the District of Columbia." The color code on the map is incorrect. 6. “It’s a big stretch to say a post or two is a fully throated endorsement of reform,” Sabet told CNBC. “A lot of times his posts don’t line up with formal policy positions.” I can't wait for the federal government to finally take action and implement a policy to shut this guy up. 7. "Two days after the fundraiser, Trump made his “looking at” comments about marijuana’s classification." President Trump also said we should have some type of determination within "a few weeks," but now it's going into the third month. 8. “For many of us, it’s not a question of when but what the regulations will be and how they’ll be enforced,” Gorenstein said. “If the next administration delivers clarity, that alone could shake up this industry.” Please tell me you meant to say "the current administration."
Reasonable question. Only very recently … like this week, I’m trying something new. I think of it like “fish traps” for dividend aristocrats. Keep about 100-200 on hand of MO, XOM, TGT, et. One side of the basket is low delta CSPs. It will only collect new shares if they are very cheap. On the other side, selling CCs. It will only let shares escape if they are really big sales. If inventory gets low (100) tighten up the CCs and loosen up the CSP. If inventory gets too high, tighten up CSPs and loosen up CCs. Income / gains from: 1. CSP premiums. 2. CC premiums. 3. Dividends. 4. Appreciation 5. Constantly lowering the ACB Now, well established dividend payers tend to be low premiums. So it’s an empirical question how the total yield on this entire strategy will pay off. I’ve got a few different portfolios right now of about equal size, so I’m going to try this in one and see how it compares.
Cannabis sector getting lift TLRY ACB both making highs
I’m having a serious Deja vue moment. I lightened up some trading legs that hadn’t worked out (a small roll on ACB and GTI). I still have a massive chunk of longterm GTI capital set aside, but I don’t think earnings are going to propel these stocks higher; I think they could slide back downward if we don’t see any movement on s3 (which is looking less and less likely).
Trust me I am, lol. But I wouldn't be surprised if this sector peels off again, MSOS looks to have some support but if $4 breaks expect all these stocks to head back near their lows. If that happens I'll add another large chunk into Greenthumb. I don't love ACB, but in the mid 5s (CAD ticker) it's a pretty safe synthetic long spot to dump exposure.
Interesting. Appreciate the suggestion. I'll give it a look. Like BHOmber, I'm not willing to touch 90% of this sector, in my case even for a couple of days. I'll only touch the few companies that I currently believe won't chew me up over the longer term. That short list includes GTI, CRON, and SNDL. I'm currently breaking my rule for RYM and MSOS but both will hopefully be short term trades. I haven't looked into ACB for a very long time, though. I feel like I caught wind of an improved balance sheet. That true? I'd love to get your
ACB is a trading vehicle, but they are much better than CGC and Tillray. It offers good rolls and the premiums on the calls are juicy
The LPs are good for fun-money trading if you can do it with decent-sized positions. I just can't get myself to hold a CGC/ACB for more than a couple days. ACB fundamentals have surprisingly been looking up though...
Take a look at the premiums of ACB. The higher share price offers wider ranges.
I dumped my ACB tradeable chunk as I didn't want to hold it as it looks like we're heading back downward. I hope things peel off hard so I can rebuy the GTI I sold in the mid 12s, but we'll see....now that MSOS closed where it did, it might easily fall back to the low 4s. Keep your positions appropriate for your size and risk tolerance and take advantage of some of the rolls/chop, as it's there. Have a good weekend everyone!
I would say you would need to be comfortable using margin to beat the market vs just investing the same capital in the market. I've shifted to gld and slv from the mag 7 as the premium is good and i'm worried about the current geopolitical tensions, $200 usd off of $4700 capital every 2 weeks right now for SLV is pretty good and i'm more comfortable using some margin on precious metals. SLV and GLD have a 50% margin requirment, so the buying power requirment isn't too bad. I don't roll i just take assignments and then sell CCs ideally above the original strike, but will sell ATM if it's above my ACB SLV has expiry dates every few days so it's easier to enter and exit.
NVDA green again today (not my NVDA, naturally, with an ACB of $186, but the day's NVDA)
Do you feel bad for me too? I've been holding the $ACB bag since it came to market. After a few reverse splits, and a lot of averaging, I need to sell 200 stonks at $7.50 to break even.
how old are you? what was your ACB on these 2 What is your net worth? Just curious as I want to retire soon and want to see where I stand.
Let me start with the last question and work backwards. Stop thinking about specific stocks. Thinking you’ll find the right ticker is a stock picker’s mentality. Selling options is about the mechanics of the trade, not finding the right company. The right company is the best choice *right now* and that will be a different company in five minutes. I’m going to answer your exit question genetically, because the concept is the same for Calls and Puts, but the numbers are reversed. When you sell a Call or Put, you hope the market price will stay above or below your strike price. Let’s say you sell puts for a $32 strike and the current price is $33. As long as the market price is above the strike, no one is going to Put the shares to you, they’ll take the market price. If the market price drops to $31.50, now your Puts are $0.59 in the money. You will get assigned. As the price begins to move towards the strike (up or down, depending which type of option) the price of that option will change, and the delta will change. If you watch the Last or Ask, you’ll see what you can sell the option for — Buy To Close. In some cases, you can BTC out for less than the loss of the share price. If your market price is 59 cents less than the strike, but you can BTC out for 25 cents, then you should get out of the trade with the $25 exit; or you will be assigned the shares and you will be at a $50 loss. Sometimes you can’t catch it in time. The cost to BTC may be greater than the loss in share price. In this case, you should just take assigned and sell Calls on the shares till you can cover your Adjusted Cost Basis (which you chip away at using the repeated Call sales). As you keep lowering your ACB, the stock may also begin to rise again. Eventually you will reach a point where the strike price (sell price of the shares) and premiums will be greater than your current ACB (at a delta that is likely to sell, .5000 or more for instance).
Im increasing my TLRY, CGC, and ACB positions. https://preview.redd.it/3pgwz0t2r3uf1.jpeg?width=1080&format=pjpg&auto=webp&s=8bbbe60a13c98e528d717f1768181de8753ede6b
ACB most likely. CURA, GTII etc have high valuations already
If you had $100,000 committed to a fund, and you've contributed $75,000 to date and received a non-recallable distribution of $10,000, the fund can only call the remaining $25,000 of your commitment from you. If that distribution was in recallable, then it gets added back to your unfunded commitment and the fund can call $35,000 from you in the future. I'm a Canadian CPA so I can only comment on the tax treatment here, although I don't imagine it is widely different in other places. All of our funds are structured as limited partnerships. Contributions and distributions are generally non-tax events. At the end of the year, the partnership will have a tax filing and the taxable income / loss in the fund will be allocated to each partner. This is what the partners pay tax on (not the distributions). However, there are some instances where a distribution will bring a partners' adjusted cost base (ACB) into a negative balance. These are considered deemed gains and are the only time a distribution itself will result in a tax event to a partner. Your ACB is just your contributions, less distributions, add (subtract) taxable income (loss) for the year. So basically, if the fund distributes significant funds from, say a refinancing, there will be no taxable income to add to your ACB (since refinancing are not taxable) so the distribution may result in a negative ACB. We have ways around this by temporarily reclassing distributions to loans receivable if such situation arises.
I’m banking on it with the puts I loaded up with last week. I’m thinking best case it’s due for a retraction, after its run up. Even ACB plummeted 30% on their last earnings day when their earnings weren’t that bad.
If you were here during '16-'18 Canada bull run.... Cgc @ 7 Acb @ 3 Ended up selling at peak CGC @ 45 ACB @ 30 man those were the good days.
Lots of good trading activity today. I rolled out my ACB at the top and got back in it today, and I sold off a chunk of Greenthumb near the high to buy back. There’s a lot of intraday/intraday volatility for scalping good moves off these guys, as we wait sitting on the pickup truck watching our cocks get smaller. 😅
Yes, you need to take a flier and get lucky and hit on a stock like ASTS. Seriously. I have a little more than $20K invested in it at a lower ACB, and I am hoping it will help me retire early in about 5 years.
My tops- by current market value - currently GTI and Trulieve , then Cresco, Tilray, ACB , and lots of other below those.
The LPs have been unbelievably resilient. I've bought back two large ACB covered shares, as I didn't want to be naked on the calls, big rolls on both of them. I thought they would pullback, but nothing yet. I'll take all the rolls it will give me!
Not a surprise we’re seeing some pullback,especially on the LPs which were way overbought. I rolled off nearly a fuck buck on my ACB by selling it at the peak and buying it back lower.
ACB. I keep it as a reminder.
Yup! Lost a lot in ACB. At least I got a nice write off that year
Weed stocks to Brrrr!ACB,TLRY,CGC,MSOS
Man, good for you for selling at the highs. I first got into weedstocks in late 2016, and did sell about a third of my holdings near the highs where I made great coin. I was into Canopy Growth, ACB, and Cron mostly, but I’ve held on since. Got out of the Canadian stocks and moved to US names in 2021 except a month ago I got back into TLRY at $1.69 CAN.
Happy my ACB is $0.65 I don’t see a point in selling
They are not at all comparable. Tilray is not only diversified across the cannabis market, but also agacent industries so that 1) they have a global infrastructure they can turn on as soon as descheduling happens, and 2) they can operate in at a global cost efficient and precision quality level. See the market is flooded with all sorts of cannabis companies, and there are great players in certain strategies. For example you mention ACB: they were in dire financial situation following the footsteps of dumb cannabis companies like SNDL (ie brick and mortar stores in saturated markets selling their stuff) until they started to follow one of TLRY’s strategies (in particular entering the Germany market). They are now one of 3 major exporters to Germany (but the first one, the king and the pioneer of that market is Tilray). So I wouldn’t dissuade you against ACB (some other stocks sure) but they are not as complete as Tilray. Tilray got a beating for the past year but it’s still the, in my humble opinion, laser focused to become the CocaCola or the Proctor and Gamble or Johnson and Johnson of the cannabis industry globally. The other ones are trying to be 7-11 of the cannabis industry. Again, I like ACB and Cresco but they are not comparable. There is a lot of garbage out there (SNDL is one of them, but also this is unpopular: US MSOs that are only operating as vertically integrated, like the Florida bunch because as soon as descheduling happens competition will eat up their fat margins as cannabis prices will plummet).
I've done well rolling ACB, I sold off my long position of my covered calls near the peak, with a stop to buyback at 9. If it continues to peel off I'll lower the stock to buy it back, I also wrote a few more calls to be slightly net short exposure and bought some short-dated puts too. I was lucky to load up a bunch of GTI Friday and rolled what I bought out....just gotta make the swing trades but be smart about it.
ACB CGC smallest floats they will Certainly run hard
I never roll. I close in cases where the trade starts turning against me, and the BTC cost is less than the value loss between market price and strike. (And i include a bias factor towards BTC, which is my expected weekly yield. In other words; if I take the shares on a CSP it needs to be worth the BTC cost plus my yield) After I close a position I search for premiums again. Almost never on the same stock. In the case of Calls, obviously it’s different because you already have the shares, so you can’t switch horses. But I very, very rarely ever sell calls at a strike below my ACB, so I don’t care if they get called. In fact, my goal is to never hold any shares, and have an all Cash + CSP portfolio. Remember .20 is roughly an assumption that 4/5 of your trades will be a win. Of the remaining 1/5, you can usually BTC and limit the damage on maybe half of those. On the remaining ~10% where you get shares you don’t want, you can usually sells Calls where the strike + premium covers your ACB. And if not, just do that a few more weeks/months and they’ll offload at least break-even. In maybe 1% of cases, the value drops and doesn’t recover, and the premiums would take years to recover my ACB. In those few cases, I’ll sell Calls at .25 delta and take the larger premium and accept the risk of a sale at a loss — but the loss is mitigated. Getting assigned isn’t the end of the world. It’s fine. Get comfortable being on either side of a trade and you’ll get better returns. Rolling isn’t the magic get out of jail free card that people make it out to be. I suspect the cause of many people’s misfortune with options comes from constantly rolling and getting deeper into bad positions.
I am watching the pre-market, and yes, I understand it is not a real indication. However, I am seeing at least the three I watch decline quickly: ACB, TLRY, and Cron. Does anyone have a real reason for this drop so quick?
In no particular order, here are my thoughts on the Canadian side… SNDL - probably the most torqued and misunderstood. Look out for news out of their Sunstream portfolio in the near to midterm. A lot of ill will built up from burnt longterm shareholders but not a bad place for newcomers. HITI - not an LP but very much integral to the Canadian cannabis story. There’s been a stream of positive analyst coverage over the past few weeks and I anticipate this will continue as the company executes on its long term initiatives. ACB - I don’t hold an investment, but do admire the CEO’s turn around of the business. Lots of negativity out there again, but the shares will probably continue to cycle into stronger hands. XLY - making the right moves now. Their ongoing relationship with Imperial remains intriguing. The executive compensation is a major pain point for me and I don’t think the near term performance excuses it, but again, not a bad place to look as a new investor free of all the historical baggage. DB - very much like Auxly in terms of how I feel about it. But also like them, they sell too products and I think that’s worth something, now that they’re mostly right sizing the rest of the business. Wouldn’t go in with a large position though. VFF - it’s probably the obvious play and now that it has restructured its veggie business, we should hopefully continue to see improvements. Management compensation is again outrageous if you ask me but hey - what do I know about what these guys “should” get paid. Shareholders seem to keep voting the comp plans in droves…
In no particular order, here are my thoughts on the Canadian side… SNDL - probably the most torqued and misunderstood. Look out for news out of their Sunstream portfolio in the near to midterm. A lot of ill will built up from burnt longterm shareholders but not a bad place for newcomers. HITI - not an LP but very much integral to the Canadian cannabis story. There’s been a stream of positive analyst coverage over the past few weeks and I anticipate this will continue as the company executes on its long term initiatives. ACB - I don’t hold an investment, but do admire the CEO’s turn around of the business. Lots of negativity out there again, but the shares will probably continue to cycle into stronger hands. XLY - making the right moves now. Their ongoing relationship with Imperial remains intriguing. The executive compensation is a major pain point for me and I don’t think the near term performance excuses it, but again, not a bad place to look as a new investor free of all the historical baggage. DB - very much like Auxly in terms of how I feel about it. But also like them, they sell too products and I think that’s worth something, now that they’re mostly right sizing the rest of the business. Wouldn’t go in with a large position though. VFF - it’s probably the obvious play and now that it has restructured its veggie business, we should hopefully continue to see improvements. Management compensation is again outrageous if you ask me but hey - what do I know about what these guys “should” get paid. Shareholders seem to keep voting the comp plans in droves…
There is no FIFO/LIFO, it’s based on ACB. But this is TFSA so no taxes at all.
ACB announced a 5-year investment plan in the Germany grow center to serve Europe. France next...
ACB CGC have the smallest float and should be noted in case news comes
Wana expanding edibles and beverages into Georgia. https://www.morningstar.com/news/pr-newswire/20250918cl76159/wana-brands-launches-hemp-derived-thc-edibles-and-beverages-in-georgia ACB investing in upgrading their German facilities. https://finance.yahoo.com/news/aurora-announces-investment-german-manufacturing-110000311.html
I dunno bout you, but my AIRE ACB is below 0.50. Sounds like a skill issue.
1. Check my comments in options subs for the last month. 90% is selling CSPs OTM, around .20-.25 delta. Monitor and close if they start going bad, which is roughly 1 in 5. *If* I do get assigned, immediately CC **if** the premium plus an ATM/ITM strike with a high “selling bait” delta will cover my adjusted cost basis. If it does not (and would be a loss), then I sell conservative delta CCs on it so it lowers my ACB while I wait for (hopefully) the stock to come back up enough. Eventually (for most of then), the strike that will sell, plus the premiums will cover my ACB, then boom I’m out. Some people call it “The Wheel”, but usually that crowd treats CC and CSP as equal and they just flip back and forth without much worry. I try to stay all cash, all CSP, and only get into CCs when I have to, to get rid of shares. 2. Yes it’s possible. I never hedge, no multi-legged plays, nothing named after an animal. No spreads, boxes, or calendars. All those things just eat up more commissions and fees, they’re complicated, and put you in asymmetric collapse risk. I keep it simple. I’ve done this now with 3 different portfolios that differ in amount, when they started, and how long they’ve been running. All three are right around and over 6%. The average if the three is 6.3%. That’s 108% annualized. So if you start with $10,000 you’ll have a little over $20,800 this time next year.
ACB is affected by purchases only. Not sales.
When you “lose” a sold option, you walk away with either cash or an equity, plus your original premium earned. • Now the thing you walk away holding (and give or take the premium) may put you in the negative. - But it’s not zero. • Often, you can immediately flip to the other type of sold option, and begin chipping away at your ACB. If the market is moderate, eventually the share comes back up a little, and the ACB is continually lowered, and you can make an exit option sale and be free of the position ending in the positive. • (If it’s less cash you’re stuck with, you can still use that cash to open a new CSP on any stock out there. Whatever has the highest premiums and your safety criteria.) When you “lose” a bought option, you walk away with nothing. None of the three. • There was never an earned premium up front. • You don’t have any shares. • You don’t have any cash. • You paid the premium, and it’s gone. • There’s no second chance like above.
I got a big position in ACB, but I'm only trading it. It's very rangebound and perfect for writing options against because the premiums are insane! In fact, if it stays in a predictable range forever, I'd love it, lol!
Most of the inflation driver is tariff which I do think SCOTUS will rule againsnt Trump, With Roberts, ACB being the two that break party lines. Cutting rates next week is critical so we can continue with firing-up the economy again. Inflation will come back under control.
ACB CRESCO CGC I think acb shocks sooner than later with their global footprint being so strong. Usa partnership as CEO is American - Miguel has all thr connections. Cgc looks hideous which is why I like it Cresco I just keep chipping away Good luck to all My US plays will come in when green light is given.
I've made some money with TLRY. And absolutely agree. I just want ACB at 2021 prices. Is that too much to ask for?
After I sold IXHL from .21 -> 1.10 I was eyeing OPEN and ACB… thank god I got in OPEN 🥹