Bullboard - Stock Discussion Forum C21 Investments Inc CXXIF

Primary Symbol: C.CXXI

Healthcare Cannabis

C21 Investments Inc. is a Canada-based vertically integrated cannabis company. The Company cultivates, processes, and distributes cannabis and hemp-derived consumer products in the United States. The Company is focused on value creation through the disciplined acquisition and integration of core retail, manufacturing, and distribution assets in strategic markets, leveraging industry- retail... see more

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CSE:CXXI - Post Discussion

C21 Investments Inc > Another 10 cent move Up will Lead to Short Covering

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Post by BillionaireBoy on Aug 20, 2020 1:38pm

Another 10 cent move Up will Lead to Short Covering

which will quickly push the share price over $1.00. Looking forward to this sudden spurt. A positive announcement regarding a debt deal after the shares are over a buck will push the price up to $1.50. Blue Skies ahead!

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Comment by hevin on Aug 20, 2020 1:40pm

Hey BB: do you know what the short volume is currently?

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Comment by BillionaireBoy on Aug 20, 2020 2:05pm

Not sure what the exact short level is. However I can see that some of the MM's like Desjardin is short just by their trading patterns. They have been shorting the shares of CXXI in order to keep a lid on the share price. Once they have evened out their positions they will let the share price climb to a more natural level. They MM's will then go long!

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