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Shoulda, woulda, coulda .
Good move!
Yes I also want a split. Let it get to $60 to $75 USD. I think there is a good chance before the July 31 deadline.
One billion revenues on its way!
Why? My rent is pretty consistent. It really feels like your renting a property and your tenant makes that monthly deposit. Sometimes the property needs repairs and the value of the property fluctuates. But long term your a winner. All of the long term holders of CGC are winners , we like winning, and will continue to win.
Charlotte web debut on TSx took a major dump. I remember the major uptic CGC had on its first day. I think it doubled? CW heading to the gallows insiders can bail now.
Yes with conviction!
personally I have been holding long for past 5 years and accumulating along the way. It has been proven to be the winning strategy.
CHarlotte Web not looking good . Heading to single digits
Bruce makes me giddy. This is such a great long term hold! Accumulate every chance you get!
I would love a small get together one day with some of the long timers on here. We have all done pretty well for ourselves. What an incredible company we found and invested in.
Northwest buddy!
The CHI
I have both Schwab & Fidelity. I prefer fidelity as back in the day they wouldn’t allow any purchase in weed companies I would have left a lot of $$ on the table had it not been for fidelity alllwing me to buy TWD on international markets. Plus they have a stellar lending program.
And TD is protecting themselves with collateral from the big banks. Collateral is in hands every morning. You see it’s protected by other monetary methods.
I’m in the burbs too nice to see local CGC folks
Cubs fan or Sox?
Wonder if they are secretly lending your shares and your not being compensated?
Cgc is up 1700% since 2016 most who have been lending their shares have recouped their original investment. Going long and systematically adding to your position is a winning proposition. Some folks just happen to miss the boat others decide not to get on. The ride does get more expensive the longer one waits.
You in the burbs or city?
It very much feels like a dividend only difference it comes monthly :)
Smart investors accumulating the timing is perfect. Right around the time I get the rent check. It’s fantastic.
Lol! The collateral is updated Dailey. There is my cash just waiting for me on a daily basis. Trend I’m have no worries in the world about what I’m doing. I’m 100% satisfied with the program and the way it’s designed. If less people do lending my interest goes up :) as the supply is less. Either way I’m making bank:) it’s a beautiful thing. Free money every month :)
you have no idea. my last time. the shares loaned out are collateralized by very large banks. IE bank of America. In order for me to completely loose my shares the first thing that would need to happen is Fidelity goes bankrupt. When this happens the bank that has my shares collateralized would then give me an equal amount of cash to purchase the shares back in the open market. my shares would not be considered long and would have to wait 12 months for them to be considered long. The money is already there from the bank as collateral. That is the only risk! Which in my opinion is no risk at all. I think somebody is Jealy that folks are getting easy money on a monthly basis and once again were way ahead of the education game.
That makes no sense! All my shares are on loan currently and first thing tomorrow if I choose to sell they are sold in a nano second. Nobody is calling the short and saying hey buddy you need to give those back we got a guy who is selling them. It’s all back office transactions. I can buy & sell all my shares at will. Your getting some really bad advice. My next check will be arriving next week :) and this will continue until I decide otherwise. Or until there is no demand to short CGC. You see I provide a valuable service and get paid nicely for it.
Good :)
Past 6 mos maybe there has been no more than 5 days without them out that includes week ends :) it has been a pretty consistent payment schedule from 1800 on low end to 3800 on high end for me. It’s like free money no other way to explain it :). A beautiful thing.
It’s protected by large financial institutions who have collateral against the borrowed position. I will not explain it again. I am completely fine with it! The monthly check is going to continue to me no matter what you post :)
There might be a problem with Schwab as with Ameritrade it does not have lending program and it could be the case either does Schwab.
I wont give up on you Trend there is still hope just like I have not given up on Awesomesound.
Agree it cant be more clear. Only the select few who understand are reaping the benefit.
you should. I have a very strong background of what I do with my $
if I don't get my shares back I have a very large check from the collateral bank for the very same amount that I can just purchase them back! How can this be more clear. But fidelity would have to go bankrupt LOL
If I loose my shares for some reason a very large payment is made to me from the collateral bank! enough for me to by back the same amount of shares. The only risk I see is instead of being long these shares would be considered short for the next 12 months. This is what you are failing to grasp.
you don't get it. Fidelity would have to go bankrupt first. They currently use three different banks to collateralize the lending program. should one of those go bankrupt they would use another. but first Fidelity would have to bankrupt. If the collateral bank goes bankrupt the other banks step in to collateralize. its very simple and a beautiful thing.
I get a large cash payment from a bank to buy the shares back if I choose too if Fidelity goes bankrupt. many layers of protection from some of the largest financial institutions in the world.
I agree Canopy shares are extremely precious and sought after so I get why one would be nervous. I have 100% complete confidence in my broker and the collateral bank that offers the collateral. The monthly check has been coming on the third business day of the month without fail.
the worst case scenario Trend is fidelity goes under but at the same time the shares have collateral through the bank and it adjusts daily. so if my brokerage goes bankrupt I cash in the collateral and would buy the shares back on the open market. Its very simple and a beautiful thing. we love shorts.
most of the time yes. there might be a day or two during the month they are not out. We do get paid on weekends :) while the market is asleep.
That’s close to what I’m getting at Canopy. The % rate does fluctuate, as well as your value in your holdings. Canopy is lower because it’s more steady. Like clock work 3rd business day of month a cash deposit arrives. Like a tenant with their rent check :)