GREY:MRRCF - Post by User
Comment by
AJL55555on May 19, 2018 2:44pm
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Post# 28056750
RE:RE:RE:RE:RE:RE:RE:Berta
RE:RE:RE:RE:RE:RE:RE:BertaHow are you equating compaby value; currenly, the SP does not reflect 50-100x company value.
Furthermore, the post with the increae in short trades proves nothing if you assess the reason behind the increase in short trades. WIthin a one week period, the SP of maricann increased from 1.58 to 2.10. With an increase like that it provides opportunities for some investors to take their smaller percent profits and exit quickly. There is also a decrease in resistance points when a stock shoots up like this. Thus, shorters know this and utilize this. They are aware people will sell for a profit (regardless of the fact that the stock price wil steadilty increase over the summer) and so they short it as they know it is going to happen. This is normal and completely healthy. Personally, I think WEED/Canopy is the most overvalued company in the sector.