Canopy Growth Corp T.WEED

Shorts Covering

[WeedTheNorth]

While they spent their time on here from July 1-15 saying how the company would fail, they covered nearly 4 Million short shares.  From 45.67 - 41.75 million short in 2 weeks.  Don't listen to these clowns, they have alterior motives.  GL all

https://www.marketwatch.com/investing/stock/cgc

[WeedTheNorth]

Just a reminder

[yp01048]

Sorry, I don't mean to sound like I am a complete idiot, but I am when it comes to short coverings. I know you previously mentioned that they need to cover before $40, so technically they can cover now and still be profitable? basically I'm asking when these shorts cover, what kind of price are you suspecting to see in Cgc? I appreciate your posts. Just a bit clueless when it comes to

[WeedTheNorth]

No worries, thanks for the question.  When I imagine the optimal short trade, it's selling at the peak and buying at the absolute trough. Looking at WEED's stock chart, and accounting for the fact that I've seen interest rates on borrowing CGC Between 35-50%, the best run was May 2019-March 2020 ($~71-$14).  Now not all those shares were shorted at 71, just a few, and all the

[yp01048]

Thanks for your response! I appreciate it. 

[Thepopeisdope]

Shorts, like myself, are making a fortune invested in the covid-19 vaccine scam right now and can easily afford to cover....pretty well too late for most here still kicking a dead horse with this ever failing sector....get ready for the next exodus...have fun.

[WeedTheNorth]

Problem here is you may hold a little but you don't have the ability to move to a new investment without closing this one.  You're missing the gold run and all we have to do is sit and watch you bleed out your money.  Let's all enjoy!