Welcome to the Cannabis Investing Newsletter Forum. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of and analysis of cannabis stocks. – D. H. Taylor
What is effect of early release of vested shares
With more vested shares being released before year-end could this create added downward price pressure leading to a December buying opportunity at a much lower price than now exists until the end of the year? Or are the number of shares insignificant to the shares already outstanding and actively traded?
Hey @joew thanks for this question. Most likely, there will be effect on price. Companies often put up self-imposed blackouts simply because they don’t want any insider moves if the company needs to restate their earnings. In order for their to be significant price move after a blackout, there would need to be a lot of people getting out with large shares. We are seeing a lot of insiders buying which should tell you what they think about their own prospects.