Hmm. Saw this coming. Bought 50+ puts at a 50 cent strike price.
ftw505
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@LeviBehen, figured with that high IV it was mostly put writers?
Tristan73
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Im taking the gamble on this one coming back over the coming years...i will be looking to buy in later in the year....at 1c
KenDoyleTrade
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I think ACB is ACBed
Lovedealios
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ugh, I held onto this loser for wayyy to long. Lets hope it bounces back in years to come with legalization in U.S, its my only hope at least lol. Thanks for the info
Barkworth
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@Lovedealios, I'm sure this is one of the ones that will bounce, eventually. The problem I see short term, is cash running out. They would have to issue more shares, just like TLRY and HARVF just did. It'll be a death sentence. Before this, we'll likely see a reverse split to stay in compliance with NYSE rules. Another death sentence. There COULD be real pain ahead.
Lovedealios
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@Barkworth, oh man I'm already deeply invested at like $5.50 a share, the pain is already felt lol. Just gotta hope for the best and long term but ya if that happens I guess I'll have to really accept it's game over.