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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic
48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.


OTCPK:NCNNF - Post by User

48North Cannabis Corp. > What Can The Shorts Do Going Forward?
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Comment by valentinemassonon Oct 24, 2019 8:35am
94 Views
Post# 30263248

RE:RE:RE:What Can The Shorts Do Going Forward?

RE:RE:RE:What Can The Shorts Do Going Forward?
kiet2005 wrote: You can also force shorters to cover by putting on sell all your shares with any price you can imagine, let say $3, $4, $5 and so on ...
By principle, shares  on selling could not be shorted  !




True, to a point. Remember the naked shorting from last year? SEC investigated. Owning acb at the time, having a sell order for double the Sp, wound up with a credit in my trading account. Because, my shares were loaned out. Historically, if the stock say in this instance has never reached $4 and is unlikely to, currently trading at $0.61, it may run to $1. Running to $4 in a day, highly unlikely. Setting a sell order closer, say $1 plus or minus would help, but not guarantee your shares will be loaned out. Good luck everyone. VM
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