InvestorsHub Logo
Followers 22
Posts 994
Boards Moderated 0
Alias Born 07/17/2013

Re: kahlua post# 336652

Saturday, 02/13/2021 8:34:14 AM

Saturday, February 13, 2021 8:34:14 AM

Post# of 385289
Jmo: So what happened with gme is retailers had relatively small positions and as the position grew their margin increased. Then they use the margin to increase their position. It’s a tool to give retail extra ammo. So of course this is what institutions target to limit retail power on gme. They are applying it to other millennial targeted sectors, sectors they are late on. Particularly cannabis. I had a pretty conservative strategy using margin on my massive holding of grwg. Went from 50% borrowable to unable to borrow, so got margin called. Absolutely no reason for grwg to be included with Tlry. But that was a beautiful thing. I made a good bit of money with that margin, rotated from more conservative plays and that change in margin plus what I saw in tlry and clvr told me institutions are getting in and in a big way. Clvr and Tlry are acquisition vehicles. They can sign loi’s with American cannabis producers while maintaining their listing. So I hope you bought clvr, particularly options on that dip. I opened a 6 figure otm call position clvr. Grwg I added some options and my average is 10$ so I’m big enough i don’t need to add but it was a good opp and maybe the last.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SPY News