How to buy, sell 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, sell and short Cellular Goods shares, as well as how to analyse the Cellular Goods share price.

How to buy Cellular Goods shares: investing or 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. Here’s how to take your position on Cellular Goods shares with us.

Trading Cellular Good shares

  1. Create or log in to your trading account and go to the platform
  2. Search for ‘Cellular Good’
  3. Select ‘buy’ in the deal ticket
  4. Choose your position size and take steps to manage your risk
  5. Open and monitor your trade

When you invest, you’ll be buying Cellular Goods shares outright. This’ll make you a Cellular Goods shareholder, and you’ll be eligible to receive dividends and voting rights if the company grants them.

Bear in mind that you need to commit the full cost of an investment position upfront because leverage isn’t available. But, your maximum risk is also capped at this initial outlay. As with all investments, you could get back less than you initially invested.

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 – and we offer both.

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 sell Cellular Goods shares: investing or trading

Selling a Cellular Goods share investment means that you’ll be reducing your investment position. This could be to take some profit, or it could be to close your position entirely – perhaps to cut a loss if the Cellular Goods share price had decreased to your personal maximum loss threshold.

Find out how to sell your Cellular Goods shares in the boxes below

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

  1. Create or log in to your trading account for CFDs and go to our trading platform
  2. Search for ‘Cellular Goods’
  3. Select ‘sell’ in the deal ticket
  4. Choose your position size and take steps to manage your risk
  5. 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

Publication date : 2021-03-12T09:33:49+0000

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

Explore the markets with our free course

Learn how shares work – and discover the wide range of markets you can trade on – with IG Academy's free ’introducing the financial markets’ course.

Put learning into action

Try out what you’ve learned in this shares strategy article risk-free in your demo account.

Ready to trade shares?

Put the lessons in this article to use in a live account – upgrading is quick and easy.

  • Trade on over 16,000 popular global stocks
  • Protect your capital with risk management tools
  • React to breaking news with out-of-hours trading on 70 key US stocks

Inspired to trade?

Put your new knowledge into practice. Log in to your account now.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.