RE:RETAIL SHORT WARNINGShorts are created when you have bad/insufficient mangements in place;; SSL and his gang of over paid fools have done NOTHING absolutely NOTHING PR wise to instill any confidence in HEXO at all ;; When Management is as arrogant and useless as these A$$HOLES seem to be then you have lack of confidence and the stock becomes shorters delight as we see here
quinlash wrote: The level of bashing we are seeing on the forum over such a long period of downward movement is an indication that we have a much larger short seller on the stock as opposed to regular shorting activity. This activity is referred to as a Short and Distort attack and can end with 1000's of percentage points gains in the Shareprice.
Current Short Position is 24.5 Million Shares, these all need to be bought back. There is no where near 24.5 Million shares for sale at any price on HEXO Corp pointing towards a massive increase in SharePrice if a large cover order is executed.
These Traders holding much larger short positions have FARRRRRR more access to cash than ANY retail investor, 100's of Millions if not Billions, these institutions can absort massive losses if the shareprice should suddenly rise on news of the Fortune 200 company being released.
If you are retail and you are holding profits in a margin account I will advise you not to get greedy over a few pennies and to buy back your short position prior to the close of trading TODAY. It is Friday and Friday's, Monday's and Wednesdays seem to be the norm for HEXO News Releases. If the news is released the larger short positions will cover and use the margin calls of Retail Short-sellers for their own benefit.
This is my current view, DYODD, your cover will not be including any of my own shares, nor the shares of my Friends and Family group... our shares are NOT FOR SALE, even at or above the 52 week high.
GLTA Retail - Short and Long
Q
- Long on HEXO
PS. Please share this warning across all Social Media Platforms.