Short squeezeLet’s be honest. Th entire sector is made up of speculation at this stage....given, there are real #,s to that speculation... and I’m not suggesting some of the valuations aren’t made up on historically strong and legitimate data. A critical way to “watch” these stocks is to monitor several stock boards, review media postings and get an idea for the “mood of the market. Not naive to think these general boards have sufficient holdings to influence significant swings....but do think you can gather sentiment....in a crowd sourcing kind of way.
when you combine that information with hard data like the short position on ACB and the long term opportunity ACB has... Global distribution , hemp, Extraction..
greenhouse. Great long term potential for a global powerhouse....makes you comfortable to weather some ups and downs.... the only action to take is to hold.
a short squeeze is real.... it doesn’t happen very often....at least when these kind of fundamentals line up. There is only upside when you look at the long term position of ACB in 6-12 months. And longer.
HOLD your shares. If the pinch happens it will take roughly 3days to sell down the shorted position. Won’t go all the way down... but you can guarantee there will be a lot of margin calls if this see a steady increase over the next 2days. And then lookout. Week could be huge...if you are going to sell... and cudows if you make some cash... don’t do it until you get a pattern for the week.
Lots of examples of companies benefitting from a short squeeze fundamental with HUGE gains. DYOD...Your decision what to do after....but let’s wait it out...it can happen.
Hold fast! Don’t get spooked...if people are desperate for you to sell... who’s interest are they really representing. If the boards are full of desperate people “only looking out for you...”you have to assume they’re really only interested in buying your shares.
make your own decisions.... my 2cents.
cheers,