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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company also conducts wholesale bulk sales of dried cannabis to various licensed producers in Canada. Its subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., and Auxly Leamington Inc. The Company’s primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing and conducts the Company’s primary dried flower and pre-roll manufacturing.


TSX:XLY - Post by User

Bullboard Posts
Comment by run33on Jul 28, 2017 10:41am
319 Views
Post# 26521277

RE:RE:More shorts

RE:RE:More shorts
starsearcher40 wrote: 4.4MILLION shorts added?? People in this stock, you seriously need to consider your position here.  During that 2 week period, the stock hit a low of .71 cents,  But was there any rush to cover??  NO THERE WASN'T.  at .71 cents they could have covered, but didn't.  And instead, as of July 14th, the SHORT POSITION IS UP.

I get that there are some of you who are caught here buying much higher (when it was artificially inflated) and are hoping somehow this recovers so you can sell.  Stop hoping.  What you need to do is just look at the reality of the situation, and then move on....difficult lesson learned. Imho, this stock has a far greater probability of dropping another 20 cents than ever climbing 20 cents.

One other thought.  Would you hold/increase a short when the stock was 71 cents if you didn't have a darn good "hunch" where the stock was heading?  The short position has increased for a darn good reason.





ha ha ha ha.

take a good look at the one-hour chart.

and no, the short position decreased.



watch this next move, kiddies.


Bullboard Posts