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TGOD.WS ARE 3X UNDERVALUED TGOD.WT ARE 13X OVERVALUED TGOD.WT ARE 13X OVERVALUED TGOD.WS ARE 3X UNDERVALUED There are a few different variables one can use to price Warrants, most important ones being Intrinsic Value & Time Premium. INTRINSIC VALUE (IV) = Share price - Strike price TGOD.WS (IV) = .5 - 1 = -.50$ TGOD.WT (IV) = .5 - 3 = -2.50$ The intrinsic value for both is out of the money but they trade above 0$ this is because we are paying for the Time Premium (TP), so lets calculate what thats costing. TIME PREMIUM (TP) = IV + Market Val of Warrants {use absolute value for IV if out of money} TGOD.WS (TP) = .5 + .085 = .585$ (for 3 years) TGOD.WT (TP) = 2.5 + .08 = 2.58$ (for 1 year) Now lets calculate the premium we are paying annually TGOD.WS = .585/3 = .195$ TGOD.WT = 2.58/1 = 2.58$ 2.58/.195 = 13 Simply put, we are paying 13x more for the same time premium when buying WT warrants
TLong
by lilsatoshi
Is WEED trading in a Bullish Flag?Potentially a Ascending Triangle as well, but we haven't seen a retest of the blue upward sloping support, instead Canopy has created a series of higher lows forming an inverted head & shoulders, next week will confirm the trend. An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs. An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the neckline. Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming. The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy. Time will tell I suppose.
TSX:WEED
by ScotianBot
1
We are at a turning point TORONTO, May 19, 2020 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that it has signed a supply agreement with Medical Cannabis by Shoppers™ ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc., making their certified organic medical cannabis products available via the Shoppers online medical cannabis sales platform. "We're thrilled to partner with Canada's largest pharmacy network, bringing together TGOD's unique expertise in developing high-quality certified organic cannabis products and Shoppers' unmatched national reach," commented Robert Gora, Vice President of Sales at TGOD. "We share their vision of facilitating access to medical cannabis for patients across Canada," added Gora. Under the terms of the agreement, TGOD will provide Shoppers with a broad portfolio of certified organic medical cannabis products, including its latest 2.0 offering such as Infusers (dissolvable powder), teas and vapes. The agreement is for a three-year term with a renewal clause for an additional two year
TLong
by lilsatoshi