RE:RE:RE:Up trend continuesUserError wrote: Short interest is only around 1% of the float. That's probably one
of the lowest numbers in the industry.
That's a good sign though that the market doesn't see a lot of downside for OGI.
7Twiggy wrote: Think at some stage the shorts will have to cover, particularly some of the more conservative ones. We are around 9 weeks from legalization. Some of the retailers in the west particular are going to be ordering soon. The revenue should be hitting the books around four weeks after that. A lot are returning from vacation and starting to review their portfolio's. Most of the big names are up today., particularly Canopy. The volume on this one is strange and trading looks managed to me. I still think there is a good possibility Organigram is on the trading block and an offer of 7 would not surprise me. They can come out of the blue. Look at Aimia a few weeks ago.
yes shorts are thinned out to skin and bones
https://shortdata.ca/stock/OGI.V/