Ventura Cannabis and Wellness Corp CVHIF

Vibe @80 Cents

[Duster340]

over $1 soon, those that sell there cvhif lose out

[dileas48s]

This is not true.  All shareholders as of the transaction date will receive their VIBE shares regardless of what they do with their CVHIF shares today.  Those record dates are set in stone and ownership of the shares today does not affect receiving the VIBE shares. This should be obvious to everyone as some of us (although very few) have received their VIBE shares, and of course, if

[Trooperhobo]

if you hear from Itrade let us know....im with them too.

[dileas48s]

Hi Trooper, and eveyrone else. I got through to iTrade today (after being on hold for 90 minutes).  I first tackled that I want to sell my CVHIF shares.  As has been previously described on the forum they have to run this through their compliance department.  I got the feeling I would hear back from them today or possibly tomorrow. I then asked about the transfer of the VIBE

[davgro]

As a VCAN (and hopefully VIBE) shareholder the stock price of VIBE today, tomorrow or next week is of no value to me as I can do nothing with my VIBE share even if I had them in my account. It was criminal of VCAN management to negotiate a deal that locks up shareholders stock for 6-months literally handcuffing us from trading our holdings. Logic says that the share price will be a lot lower

[dileas48s]

I share your frustration, but this makes no sense to me: "I would not be surprised if the current increase in share price is due to shorting of the VIBE stock as these shorters will be able to cover their positions at a much lower price on or after the hold release date." The act of shorting shares generally causes the share price to drop, not to go up.  Buying long causes the

[davgro]

In short selling, a position is opened by borrowing shares of a stock or other asset that the investor believes will decrease in value by a set future date—the expiration date. The investor then sells these borrowed shares to buyers willing to pay the market price. Before the borrowed shares must be returned, the trader is betting that the price will continue to decline and they can purchase them

[davgro]

What I should have said is; I would not be surprised if the current increase in share price is creating opportunity to short VIBE stock as these shorters will be able to cover their positions at a much lower price on or after the hold release date.  Sorry if my [il]logic confused you.

[Trooperhobo]

The last short report on Feb 4 showed only 27K shares being shorted...maybe its been run-up since then.  Other reason, is that canabis is hot again, and stock purchases are long...good for us if the latter is the case.  Watch for short report due to come out soon....should be dated Feb 15.