How to buy and short Cellular Goods shares
Cellular Goods is the David Beckham-backed cannabinoid company that went public in February 2021. We explain how to buy and short Cellular Goods shares, as well as how to analyse the Cellular Goods share price.
How to buy Cellular Goods shares: trading
Buying Cellular Goods shares can mean that you’re either investing in the company outright, or taking a ‘buy’ position with leveraged derivatives like CFDs. With us, you can only trade with CFDs.
Trading Cellular Good shares
- Create or log in to your trading account and go to the platform
- Search for ‘Cellular Good’
- Select ‘buy’ in the deal ticket
- Choose your position size and take steps to manage your risk
- Open and monitor your trade
When you trade, you can open a speculative ‘buy’ position without taking direct ownership of Cellular Goods shares if you think the company’s share price will increase. You can do this with leveraged derivatives like CFDs which we offer.
Leverage gives you full market exposure for an initial deposit – known as margin – so you won’t have to commit the full value of the position upfront like you would with share dealing. But, while leverage can increase your profits, it can also increase your losses – so it’s important to take steps to manage your risk.
Learn more about risk management
How to short Cellular Goods shares
In context of trading, ‘selling’ means that you’re taking a speculative position on Cellular Goods shares falling in value. This is known as going short, and you can also do it with derivatives like CFDs. That’s because these derivatives let you take a position without having to directly own Cellular Goods shares.
Just like buying with derivatives, you’ll be shorting Cellular Goods shares with leverage when you open a position with CFDs. Remember that while this can increase your potential profits, it can also magnify your losses.
Learn more about the impact of leverage on your trades
Short selling Cellular Goods shares
- Create or log in to your trading account for CFDs and go to our trading platform
- Search for ‘Cellular Goods’
- Select ‘sell’ in the deal ticket
- Choose your position size and take steps to manage your risk
- Open and monitor your trade
How to analyse the Cellular Goods share price
You should use both technical analysis and fundamental analysis to analyse the Cellular Goods share price.
- Technical analysis looks at chart patterns, technical indicators and historical price action
- Fundamental analysis is based on the fundamentals of a company, including its net revenue and profit and loss statements
Interested in analysis? Find out more at IG Academy
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
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