RE:RE:RE:RE:Short selling??Thanks Guys.
To be honest I don’t know the answer, you might be able to find probabilities out there but keep the black swan in mind - anything can happen. Even when odds suggest no other possibility.
what I can say is this: the investment tools will tell you it’s a grossly overvalued stock. It is an emerging, untapped market that has not let the floodgates open yet on recreational use in Canada. Globally, the medical market is something along the lines of an 80 billion dollar industry and Canada can stand to be the global leader here. So, it’s a rat race to the top and there is A LOT of profit at stake and is why it’s grossly overvalued in traditional terms for an established market. In the short term? Yeah I see a correction but I don’t know severity. Long term? Our house money will do well so best not to let the corrections phase us.
Cheers mate.