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Bullboard - Stock Discussion Forum Delta 9 Cannabis Inc. T.DN

Alternate Symbol(s):  DLTNF

Delta 9 Cannabis Inc. is a Canada-based vertically integrated cannabis company. The Company operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business to Business. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis growing pods to other businesses. Its cannabis products include dried... see more

TSX:DN - Post Discussion

Delta 9 Cannabis Inc. > Anon all over the sell
View:
Post by Debentures on Aug 26, 2020 3:18pm

Anon all over the sell

Brutal
Comment by tcastle on Aug 26, 2020 3:56pm
Imo, this enormous amount of anonymous selling is a short-seller trying to get the price down (which arguably has been executed successfully so far). If this is true, worst case scenario... at some point these shorts will have to be repurchased creating some type of base. Or best case scenario... we see some solid buying soon which creates a short squeeze. It'll be interesting to see the next ...more  
Comment by Debentures on Aug 26, 2020 4:04pm
Thanks castle. I appreciate your detailed take and look forward to you being an active participant on these boards. Your opinion is valued here.
Comment by Bigchef on Aug 26, 2020 5:11pm
can't agree more picked some up today see about tomorrow I might just get into the green next Q
Comment by RickNess on Aug 26, 2020 7:09pm
Both almost no posting history and extreme optimism. Must be new paid pumpers. No other explanation.
Comment by RickNess on Aug 26, 2020 7:26pm
Noones excited here after a 25 plus percent drop in share price after the best quarter weve ever had. Its unexplainable and should be illegal.
Comment by tcastle on Aug 26, 2020 7:46pm
Annoying and frustrating, yes. However, I choose to see the positive side and have increased my position by 33% since earnings. This is not a fundamental pull-back, rather a volume induced pullback, which will be corrected with some patience.  Any long-term investor knows that this type of action is just market noise, and the true value of a company will show down the road.
Comment by golfyeti on Aug 27, 2020 8:40am
Rick, why not counter my points and observations instead of simply trying to cast doubt on my motivations? Or maybe just start by citing a better or safer opportunity in the industry?   I didn't come out saying the stock was going to the moon next week or any of the usual pumping that pumpers are known for.  I cited the positive aspects of this company's strategic ...more  
Comment by StonksOnlyGoUp on Aug 28, 2020 8:49pm
Greetings Golfyeti and welcome to the board.  Happy to have you.  Don't mind Rickness he's just a little sour about the recent pullback in SP, he's still long, just venting his frustration.
Comment by golfyeti on Aug 26, 2020 4:32pm
Debentures, I took some of those shares off of Anon's hands today.  If it was a shorter's scare tactic it cost him at least 2,700 shares today, LOL.  I have been accmulating over the last couple of weeks.  Ramped it up after the Town Hall Meeting as I was very impressed with John.   Slow, methodical steady growth strategy, end-to-end vertically integrated with ...more  
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