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Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Bullboard Posts
Comment by DeeperValueon Aug 22, 2018 8:37pm
242 Views
Post# 28502980

RE:RE:RE:$0.29 not far away.

RE:RE:RE:$0.29 not far away.
SuperBull51 wrote:
syl3993 wrote: Really nice close today proving there is a rumble in the jungle. Depth right now shows only 
914,000 shares to $0.31. I'm not sure how good the Q2 #'s will be but one thing is for sure, there will be a ton of attention on GLH Q3 #'s come November. Good times folks.


The short squeeze, is bound to come, with 14 million shares, unless the holder of that position is dead? And when it comes the SP will fly...According to my estimations, this short position was initiated between Jan 1st-Jan 15th, so the shares were shorted at a price ranging from 43 to 55 cents.


This point cannot be emphasized enough.  I think your bang on SuperBull51. These shorts have to cover at some point as their contract will at some point expire.  They know this and once we start showing solid gains it’s going to make them very nervous.  This will cause a frenzy of short covering and panic buying to fuel gap ups.  Prices at these levels mean almost nothing with 250k worth of shares trading per day.  Anyone with a little fund could suppress the price to shake the weak hands. The sales licence and conference call this Friday would do it.  Sales licences are released on fridays....

Bullboard Posts