RE:RE:RE:Why oh why There were over 6 million shares sold short on Jan 15th at an average price of $1.12 (over 7 million dollars worth). Two weeks earlier that number was around 3.5 million shares sold short.
If you had 3 million riding on LDS's share price going down, paying some college student or intern peanuts to bash a stock all day seems like the cost of doing business.
Unsuprisingly, these jokers who take the time to set up new accounts twice a week arrived around the same time as the short position. They are paid bashers, it's obvious. It also coincided with Jeff Sessions removal of the Cole Memo. I would expect these idiots to continue to sh!tpost until protections for marijuana are included in the US budget. Doesn't look like that will get done before Feb 8 so they will punt again for two more weeks. Unfortunately, we are stuck with these losers for a little while longer.
Two bits of good news. We will find out how many were sold short in the last two weeks on Feb 2nd. I expect the number to be higher than it was two weeks ago. And, at some point these losers will need to cover their short position - which means buying back somewhere in the neighbourhood of 7 million shares. If any good news puts upward pressure on the stock (a press release that Cannastrips are shipping to licensed dispensaries or, better yet, sales information) these shorts will run for cover. Their average price is $1.12. They will do anything they can to keep the sp below that number. But time may be running out.
Mike902 wrote:
I guess I just don't understand. Does anyone actually take advice from a bullboard. It seems like it I just a big waist of time to sit on here all day bashing a stock. If you truly are a shorter would you really risk it all on your ability to post negative comments on stockhouse. You would be crazy if that is really what you think is gonna work to short the stock. It has nothing to do with it. Like absolutely nothing. So to me it just seems like a usless exercise. If you are playing the short game I really hope you have real information and not just hoping a kindergarden post about some bullshit rumor is gonna get the job done. So much waisted time. I guess I am just naive. For the record I believe this stock will do very well over the next few months and will be holding all shares for a long time to come. Hope all do the same.