RE:RE:NasdaqThere's also not a lot of upside to short OGI. As you mention, people couldn't wait to short some of the names as they had very rich valuations. Even with the run-up OGI is still trading at a fraction of the other names on a mutliple basis (pick one), has the lowest production costs, and is a top 10 producer with agreements across the country.
There isn't a lot of downside with OGI, so shorting doesn't make sense. On the contrary, there is still a lot of upside so I would expect listing on the NASDAQ to increase demand/share price. Some names run up before and then drop after listing due to lack of demand or shorting, but I don't think that will happen here.
gottahunch wrote: I don't believe that is a likely scenario. From what I heard, traders in the USA could not wait to short ACB because of the valuation and that's where we are completely different. There's also the potential that the OGI team has saved some kind of news for day one. OGI mgmt is pretty strategic, so I think they would try to set us up for success as much as possible. GLTA
Sassyned wrote: Let's hope the shorts don't do a number on us when we list on the NASDAQ like they did with canopy ACB aphria and even tried a bit with hexo.