RE:Is time running out for shorts?AL8888 wrote: I'm not an expert, but I think that anyone who held a short position after the date of record on the rights offering is now not only short on the shares but also owes the rights to whomever the shares were borrowed from. Just like they would owe a dividend if (on the record date) they were short on a stock that paid a dividend. I think management made a smart move on this strategy. The shorts now have to cover both rights and shares. If they start buying one, it drives the price up on the other. As of October 31st the short count was 12.84 million shares. It will be interesting to see how much of this has been covered on the next update. The people who are bashing the stock are either trying to cover or get the price low enough to take a long position. Since we have new experts like 199David (profile created today - Hi Sotippy/Truthseeker we still see ya!) spouting the same old garbage, I would assume they still have more covering to do. Time is running out for the rights though, and the supply is dwindling as they are being exercised. Tick Tock MFs
Time will tell. The information from Health Canada can be used for reference. supply > demand or supply < demand? Made decision yourself
Table 1: Preliminary Summary of Second Quarter Data Collected under the Cannabis Tracking System (as of 2019-10-25) | Source of cannabis sold and in inventory | July 2019Footnote * | August 2019 |
| Dried (kg) | Oil (litres) | Dried (kg) | Oil (litres) |
| Total Sales | 11,692 | 10,266 | 12,917 | 11,705 |
| Sales - medical | 1,640 | 4,296 | 1,210 | 5,739 |
| Sales - non-medical | 10,052 | 5,970 | 11,707 | 5,966 |
| Total finished inventory (end of month) | 57,542 | 103,785 | 60,872 | 101,316 |
| Federal licence holders | 27,681 | 64,446 | 31,702 | 63,917 |
| Provincial distributors/retailers | 29,861 | 39,339 | 29,170 | 37,399 |
| Total unfinished inventory (end of month) | 292,292 | 56,881 | 328,187 | 53,812 |
| Federal licence holders | 292,292 | 56,881 | 328,187 | 53,812 |