GREY:ISOLF - Post by User
Post by
admantine69on Dec 31, 2018 11:51am
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Post# 29172105
Shorts beware!
Shorts beware!https://www.bnnbloomberg.ca/pot-short-sellers-make-us-432m-in-december-1.1189120
"If M&A activity continues in the cannabis sector we may see increased short covering boosting stock price performance,'' Ihor Dusaniwsky, managing director at S3, wrote in an analysis. "Cannabis short sellers will be exposed to sudden and outsized price moves due to M&A activity, which may dampen future short sale activity, but for now shorts are partying into the new year.''