Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

THC Biomed Intl Ltd C.THC

Alternate Symbol(s):  THCBF

THC Biomed Intl Ltd. is a Canada-based cannabis producer. The Company’s principal business is the production and sale of cannabis through THC BioMed Ltd., which is a small batch Licensed Producer as regulated by the Cannabis Act which regulates the production, distribution, and possession of cannabis for both medical and adult recreational access in Canada. The Company’s biological assets consist of cannabis plants (mother plants and clones for growth); resin; oil; harvested marijuana flowers prior to completion of the drying, grading and testing processes; and edible concentrate. The Company operates in a single reportable segment being the cultivation and sale of cannabis. Its subsidiaries include THC BioMed Ltd., Clone Shipper Ltd., THC BioMed Victoria Falls Ltd., THC2GO Dispensaries Ltd. (THC2GO), and THC BioMed Lesotho Ltd. (THC Lesotho). Clone Shipper Ltd. owns all rights to the Clone Shipper product used to transport live plants.


CSE:THC - Post by User

Bullboard Posts
Comment by digger69on Feb 09, 2018 10:33am
68 Views
Post# 27533066

RE:RE:Watching the MMJ Sector

RE:RE:Watching the MMJ Sector
maritimedreamer wrote: Digger..... can you maybe explain a little more? How do you know the shorts are covering again? What or where do you look to see that? From my understanding short data is only semi-monthly.... unless you have access to a tool many don't? 



I watch level 2 and time and sales on all the companies in the whole Canadian MMJ sector.  Seeing all the Anon's, Jitneys, Instinet's, Merrill's all doing big buying the past few trading sessions leads me to believe the shorts are all over the buy side.  When I see this constant pattern form of these institutions hitting the ask buying up to a certain point.. then sell it down on light volume it leads me to believe these are shorts covering their position.  If you know how they play their game then it's easier to spot it while its happening.

It's actually very interesting to watch and highly educational if your into that sort of thing!

What really amazes me is how they all form the same patterns on the charts with the tier 2 companies lagging behind by minutes.  

I'm not saying this is true bottom yet.. but to me it sure is appearing so.  A strong close today in the green will confirm this for me!

Cheers
Bullboard Posts