Options On One Dollar Stocks - 0ne Specific Reason
Kind of a dumb topic however it's real life unfolding as we speak. How is a little marijuana company named Canopy Growth doing and what might change in the companies near term future? Here is a chart of it's stock price. I don't need to ask Ai what the challenges are for a company like this going forward. Here are two or three big ones. A company can't keep going on operating if it keeps losing money. Others in the same industry may be feeling the same pressures. If it also has an overeseas operation which was meant to bring in money and it is not That's another concern. What are they learning from the experience? Are new opportunities opening up? Once again it's a learning curve for everyone, including even people like watching it from the sidelines. I don't follow it all that closely but it's fair to say they are in challenging times. Now this, a look at it's one dollar Call options that expire in January 2027. That's a long time away. Why wo...
