RE:SHORT SQUEEZE: NOTHING BUT A DREAMWell tomorrow is the first day they can even start to consider spending that $. Bruce and team have had lots of time to prepare for their upcoming moves. It wont take long as we will see some of that $ being spent globally.
MNK3240 wrote: We keep hearing short squeeze about to happen. Instead, longs are being squeezed. I know there is no such phrase. But seriously, everytime it falls $3/$6 and if it rises, rises only a $1/$2, why short squeeze will happen in this environment. Shorts seem to be happier than longs.
Everyday, longs are more fearful than shorts. So let's give up this day dream and see if there is something comes out of Canopy to move forward the stock price. It's not gonna go up using short squeeze or Tilray, it has to show its own strength.
We are blaming market, big boys, manipulators, etc. for everything but if you have good thing to show and have good plans to execute, no one can stop you. There will be all these manipulators and competitors but if your strenght, you will go forward.
If you have $10m in the bank and drive around a Toyota, no one is going to pay attention but if you drive a Ferrari, people will notice and pay attention. Canopy has $5b/$10b but roaming around with Toyota, they have to show something that they have resources and plans that attract retail, institutional investors.
Just sitting on $5b/$10b does not do anything.