RE:RE:Low stock float allows the price to get kicked around easilyOne can also look at VFF's revenue stream/s (or lack thereof). VFF is an agricultural produce company, there is only ONE source of revenue - selling its produce (tomatoes, bell peppers and now cannabis.) The company does not process its produce into other products (cannabis oil, ointment, etc.). Thus, the company is not as valuable as other mj companies with high-margin cannabis-end products. Also, there is a market consensus that mj produce supply is expected to bring down prices of the plant, which will benefit WEED, ACB, APH, LEAF and other mj companies as their direct product cost (the plant) will come down, increasing their profit margin.
Just my take.
Winniepup22 wrote: I do not see much evidence of shorting - I believe the lack of buying volume is the real cause - Houses such as Beacon, Mackie, et all - the Weed stock houses - no buying and if any very little. Selling from TD and RBC. glta wp21