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Re: Bridget21 post# 9704

Monday, 11/09/2020 1:38:12 PM

Monday, November 09, 2020 1:38:12 PM

Post# of 14223
Hi Guys,

Sure the stock market is placing large bets on the major player in the "weed" industry. And names like ACB,CGC,TLRY,CURLF all have had major stock price increases in the last 3 trading days.

But please a bit of reality here. The new legalization is not a light switch and it has been stated by the New Jersey governor that legal sales of "weed" will take about one year to setup and start.

Yes, these companies do have a great future but there near term profits will still be had to find for many quarters.

For me these companies are setting up as a good short play and I am buying near term at or near the money options to limit my risk. But the chance of great profits remain in play.

Buying more NGW as funds become available.

GLTA

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