RE:Shorts are Clearly Back in ControlShort interest as of March 16th: 1.6 million shares sold short for a value of $1.23 million. Average price of 77 cents.
If we get news this week (as I expect we will) and shte share price reacts, we could get a mini squeeze.
Only headwind (other than investor apathy from lack of news) could be the Rorbacher ammendment being left out of the budget on the 23rd. That would be bad for all American cannabis companies. Fingers crossed they keep it in the budget.
sjsearcher wrote: Some good all of that recent company hype aboutt the new Reveur product line launch did. Stock is tanking again and shorts are back in control. This says a lot about the level of buying interest.