Moving from Short to Long..For the benefit of our average Joe short sellers that are feeling trapped....
If you haven't figured this out yet we likely have big money traders on the stock who are making big plays on the shareprice. If their attempt is to keep the shareprice down they have been doing a piss-poor job ever since Dec 2020 with new longs coming in on the stock that not getting shaken off... look at the charts, it's not hard to see.
If you are stuck in the short position and need out before HEXO gets a spot-light on it and the thing runs consider this... CALL YOUR BROKER... see if there is any way you can move shares from the short position into the long position, do that at the best price possible but do it before you run dry on cash and have zero options but to lose everything.
You may be able to access a LOC, short-term loan or borrow from friends or family. As the shareprices goes up over time (which is what I am seeing and why I hold so hard here) you can do partial sells to pay off the LOC, loan etc and save yourself from running your accounts dry trying to carry the short.
I have posted similar warnings in the past at sub $4.. I'm not issuing any more warnings and you should be thankful I am not posting anything on my near-medium and long term SP projections.
God Bless and Good Luck.
Q