RE:RE:NEED TO SEE $9 TODAYI agree - I think 9 is unrealistic in the near term, but 8.2-8.6 is a good level to reach and maintain for a few weeks. With 560+Million shares out, no real institutions bought in, and retail investors that feel like abused animals, ACB is in a playground, and easy to move up, move down. Today we seem to be tracking WEED fairly closely.
As for shorting - yes it can be frustrating, but I do not believe that shorting is the issue that has moved the whole sector down. I posted yesteday that all of ACB, WEED, and APH are still up 200-300% in market cap since Oct 11, 2017, so there are very many shares that are massively in the green and those are the shares that have driven this down. Shorts just give a little push and then do along for the ride. Once people that bought at 2-3 and saw it go to 14-15, sold at 9 or less, they are unlikely to buy back in for awhile. Even though they made 300%, they won't trust this stock for long time, becasue they'll be thinking about how much and how fast it dropped.
I think if the stock was really considered "undervalued", institutions would be moving in, and they as yet have not - mainly because there are so many unknowns that will affect valuation, and so most people are guessing. When instituitions do start buying, things should get a bit more stable, but that is likely several months away.
Until then, on days like today, you just have to wonder whether retail is buying, traders are trading, or shorts are reloading to give it another nudge down to start a big move down. I suspect most of the 4 million shares are just being flipped for pennies. One thing I'm pretty sure of is that there are very few buyers today that are buying with a plan to hold long term. Until that happens it will be a very bumpy ride.