|Day Low/High||11.64 / 11.98|
|52 Wk Low/High||4.41 / 67.00|
I have sold some October and December $14 calls against my common purchase. Taking in a lot of premium.
ETF MSOS is seen as an opportunity to get exposure to stocks that are not yet U.S. listed.
On Monday I made the case to buy cannabis stocks: Aug 16, 2021 ' 09:06 AM EDT DOUG KASS It's Time to Buy Cannabis Stocks... And to 'Stash' Them Away * Cannabis stocks have high growth prospects and are virtually recession resistant but are trading ...
* An explanation of why I covered my SPY short on Thursday despite having an ursine market view * For me, shorts are more typically trades; longs are more typically investments * When executed properly, shorts can be a beautiful thing! "Short people...
Let's look at reasons why these big names don't get as much love from the WallStreetBets gang -- and why I'm burning to talk about pot.
nikogeorge dougie kass • 15 minutes ago I see investments in MSOs (multi-state operators) (i.e. , , , ) as the ones that benefit while the wait for legislation grinds into existence. As they are the ones that have the state licenses, which are limit...
Leading advisors offer their favorite ideas for investors looking for exposure to the growing marijuana market.
The broader market is struggling with some concerns again about inflation and the possibility of a less dovish Fed.
Offerings will continue to hit the market as more and more executives realize cash is a good thing to have.
The game is still on Thursday morning and showing few signs of slowing.
Charts look vulnerable for the cannabis name as earnings disappoint.
On Tuesday I wrote an evergreen column for TheStreet on short selling that hopefully communicated some important principles and tenets and can be returned to when shorts are considered. I wanted to re-post it here on Wednesday morning: When Short Se...
High valuations, margin debt and the ARK effect could lead to more pain for some names. But the selloff could also create buying opportunities in other tech companies.
At least for the moment the bloom is a bit off the speculative corner of the markets. Traders and gamblers note that the declines below could come to a stock your trading: * Tilray has gone from $70 to $28. * AMC has declined from $22 to $5. * Gam...
One possible outcome: The party ends relatively soon for some of the more speculative names, while other high-multiple stocks remain strong until inflation and the Fed become issues.
As is customary, Mr. Market rallied from the morning schmeissing (at least halving the earlier declines): * Breadth was negative 2-1. * In percentage terms, the Russell Index declined 3x the Nasdaq and S&P. * Banks were mixed -- but Wells Fargo cont...
Pockets of speculative action keep shifting as the market undergoes some much-need corrective action.
Plus, semiconductor equipment manufacturers heat up while stock market volume isn't what it seems.
Until there's a shift in the intensity of the stock picking, it is going to be difficult for the bears to gain downside traction.
It was a poor day for the market but much of the action is rotational. Here's what would make me worry.
Tilray has traded 205 million shares today. The company's shares outstanding total 158 million shares and the float is only 95 million shares. This is not trading... it's gambling.
As I mentioned in my opener and during the last several days, the short opportunities are multiplying - with outstanding reward vs. risk ratios. Within the last 10 days I have made +30% on a short, +45% on a short and, today, +45% on a short - all ...
When any resemblance of fear or risk management returns, we'll likely have a sharp, but buyable dip in quality names.