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CH1 said:
Too bad JayZ is pumping GRAM at 8:30am....can't sell the bump as it happens
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Yeah.. I still expect a bump on open that is worth trimming but it would be way better if it was during trading hours. I've got diamond hands on that one. Still my largest position and I am ambitious not only because of the CNBC pump but also because... Well it hasn't fucking moved during all this cannabis euphoria. It's a legit company and a real fucking appealing laggard opportunity.

As Toddo says, I don't think the ATHs are in on them.
 
Preston said:
Yeah.. I still expect a bump on open that is worth trimming but it would be way better if it was during trading hours. I've got diamond hands on that one. Still my largest position and I am ambitious not only because of the CNBC pump but also because... Well it hasn't fucking moved during all this cannabis euphoria. It's a legit company and a real fucking appealing laggard opportunity.

As Toddo says, I don't think the ATHs are in on them.
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the risk with GRAM is they turn out to be all sizzle and no steak....they have yet to prove they can execute unlike the big four + TER.
 
Preston said:
Maybe I'm naïve and lack the Washington is broken mentality of Habsy but it's hard to imagine NJ fucks up this layup. NJ not going legal is probably the only reason you have to trim some.
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My buddy is a staffer for an NJ legislator and they truly have no idea what the **** is going on. Monday is the deadline, and it could go either way. It could even be delayed again. Trenton is broken.
 
CH1 said:
the risk with GRAM is they turn out to be all sizzle and no steak....they have yet to prove they can execute unlike the big four + TER.
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I think they're somewhat proven. The revenues are there. They generated them in 2020 and they grew substantially QOQ and their profitability improved with each quarter as well. They have to prove that they can be profitable for an entire year as they've projected, absolutely (if they were they could be a 4-5b company to be honest). But generating revenue is not something they have much of an issue with. I think they're in price discovery mode because investors don't really understand their business model. Not your traditional MSO.

Ultimately, they'll be judged on how they do 2, 3 quarters from now. We know they generate revenue and we know their profitability will be mediocre at best for Q4 2020... It's about how they trend for me. And by then I'll be probably be mostly out anyway.
 
I'm secretly hoping JayZ uses his CNBC appearance to tell the world "I'm taking my talents to vext, bitchez!!!"
 
CH1 said:
I'm secretly hoping JayZ uses his CNBC appearance to tell the world "I'm taking my talents to vext, bitchez!!!"
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That would be genius. But you know Jay Z has his eyes on the big Apple. Unlike Vext, that won't be cheap... Who knows how much pull he has and how much the suits bend over backwards for him.
 
I did take some TER off at 18.87 because the overall market is so shit

sold a bit of my RIOT puts +50%
 
Took off the Curaleaf that I bought at 20.36 at 21.17. Was a pretty large position so that paid well. Agree with you on the market looking poopoo. So I put some of those funds inside Kimmy at 59.67.
 
sold more RIOT puts +100%

now keeping half for potential multi bagger meltdown
 
Feels a lot like a Friday rebalance with ITG selling Trulieve, GTII and Cresco and buying CCHW hard. Buying Curaleaf aggressively too. Maybe the ETF is planning on going overweight CURA in the coming weeks?
 
Preston said:
Feels a lot like a Friday rebalance with ITG selling Trulieve, GTII and Cresco and buying CCHW hard. Buying Curaleaf aggressively too. Maybe the ETF is planning on going overweight CURA in the coming weeks?
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Does the twitters not notice these things? Is it just me? When I see ETF buying I trim the pops and buy what they're selling. I don't see anyone discussing it. Does this make me crazy?
 
ITG on the buy bigtime on TER too, but that's news-based. More sustainable for me. Could see MSOS want a bigger stake in them longer term.
 
Preston said:
Does the twitters not notice these things? Is it just me? When I see ETF buying I trim the pops and buy what they're selling. I don't see anyone discussing it. Does this make me crazy?
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shhhh..it makes you savvy and profitable (but you might still be crazy)
 
CH1 said:
shhhh..it makes you savvy and profitable (but you might still be crazy)
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These stonks are too illiquid for these increasingly larger and larger ETF buys to not matter. They completely dictate price action. I'm watching it happen tick by tick. Though ITG has sold a LOT of thumb (which makes sense for rebalancing purposes as it has been the strongest) and the name has held strong as fuck.

And yes. I know. I'm insane.
 
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