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Bullboard - Stock Discussion Forum Canopy Growth Corp CGC


Primary Symbol: T.WEED Alternate Symbol(s):  T.WEED.DB

Healthcare Cannabis
Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Short-Seller Losses on last Run
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Post by quinlash on May 02, 2024 7:59pm

Short-Seller Losses on last Run

I am always surprised to find investors and traders who do not fully understand what short selling actually refers to.  I would strongly encourage everyone to go to youtube and look it up.  Short-seller literally POCKET CASH when a shareprice drops.  They LOSE MONEY when a shareprice goes up.

This accounts for much of the bashing / hate-speech etc you will find on stock forums (bashers are often short).

Anyhow, here is an article that captures the one day losses these guys took on the recent run up.

https://finance.yahoo.com/news/pot-stock-short-sellers-hammered-131844882.html
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