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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. > Another false rumor?
View:
Post by Schwag on Feb 08, 2021 12:11pm

Another false rumor?

Another notion that some have been touting here is that the prospectus shares are being liquidated by clients at .55 but are keeping the warrants. the result is supposed to be some kind of glut of shares in the .55 range. This is almost certainly false. where did this idea even come from? Leede is most likely holding the shares for a longer period of time like most funds do and the client isn't even involved in the buying or selling of any shares. Let's stick to the facts guys. Leede knows this has major upside potential or they wouldn't even bother with a bought deal like this just for a couple measly percent.
Comment by golfyeti on Feb 08, 2021 12:23pm
LOL, how is this a rumour when it is a fact the SP has hit a wall everytime it approaches $0.55 - .56 ever since the late December Leede $0.55 bought deal closed?  BTW, a bought deal doesn't mean that Leede kept it all.  They bought on behalf of known and expected demand from individual investors who can trade those shares as they please.
Comment by Schwag on Feb 08, 2021 12:39pm
It's a rumor because it's only speculation based on your own perception of what's happening with the share price. You don't actually KNOW if this is true so I'm going to assume it's false until I have good reason to believe it. Unlike many people here I have learned to accept the fluctuations of the markets without trying to explain the reasons for the workings behind them. ...more  
Comment by golfyeti on Feb 08, 2021 1:04pm
You don't need to know why and furthermore you CAN'T know. Wow, no sense in arguing with someone so knowledgeable that he knows what I know, what I don't know and what I can't know. LOL   I have watched every trade in this stock for over six months.  Just trying to offer folks some potential hope that SP might bust through the recent $0.55 wall, ys based on my ...more  
Comment by DirtyCadillac69 on Feb 09, 2021 6:54am
love it
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