Back where we startedTo say this week was a train wreck would be an understatement.Back in go away May I'm sure the Big time shorters sized up the game plan looking at the overpriced Canadian M.J.,volitile and ripe for attack.My belief is the big boys,T.D. Cibc and the rest started a full press on All M.J. picking fav.at times but generally everything was a target.Headwinds,bad news,poor rollout and Bad e.r. was just the gas needed to bring it to its knees.My belief is this an orchestrated take down and now only the strong will survive.Most days I get up and ask myself how was I such a stupid idiot.
Saw all the signs but stayed Long and all in.I have seen a pile of cash dissappear all summer.
All the best of luck to all Longs.We are now in the same mess that will take time to resolve.I also think most shorts cover themselves as they walk it down.As one rebuys another sells.Cool the rsi just enough to keep the slide going.I always expected Ogi could get hit harder at some point as low price,low share count and one of the lowest lend rates at 16% made them a target.Again only imo, I'm in this company big and weathering the storm.See you next quarter.