OTCPK:NCNNF - Post by User
Post by
uptown59on Sep 25, 2019 10:25am
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Post# 30162672
Consider this
Consider thisNorths OS is not large by any accounts. There is a majority percentage of the shares in firm hands, the only selling imo is fearful investors and rightly so. Shorts are smart, end of day they try to take share price lower knowing overnight stop losses will be moved up.
We are also under attack simply because good news is in on the horizon, pro shorts would never hold through an ER so covering will begin soon, remember margins. I would expect that short percentage is up another 300K since last IRROC report, so at avg vol of 500K, will take between 3 and 6 days to cover, some wont.
Lastly, Shorts are attacking entire Cannabis market, so they are capitalizing on weak sentiment as reality of overhyped pot stocks is kicking in. North is not in this category, they are part of the cream that will float to the top.
If the insiders are listening, and you have a plan, some insider buying right now would be a great idea, couple of Mil to start.
GLTA