CannTrust Holdings Inc CNTTQ

RE:The Sober Reality of CannTrust at this Time

[EdiblesRlife]

Who would own shares?? This is either going back up to $6 or down to $1 depending on HC. Call or Put options (depending on your bet) are the smart bets cuz you'll either lose most or win. So why not win big?

Ghostonscreen wrote: 1.) stock manipulation.
2.) FOMO and irrational exuberance....

Unless there is bullish news that someone has insider knowledge of, there is no reason for TRST to pop 40% in the last 30 minutes of trading on a Friday.

So, what has changed? Not much----other than the stock being pumped up today.

Now, the bagholders will tell you, the bottom is in..... But the reality is this is just a guess.

There is way to much uncertainty now to be holding TRST--unless you are a @#$%^^&* bagholder with a huge loss.

Reality check:
1.Bad news today---KPMG.... says their audit is not worth shite.
2. CEO and president fired with cause.....
3. No selling of pot or shipment of pot until further notice.
4. Pending lawsuits..
5. Possibility of TRST being delisted on TSX or NYSE
6. We do not know how Health Canada will rule. Many people believe TRST's license will be suspended.

And, we have a defacto license suspension now----as no pot is being sold or shipped.

Finally, earnings will be lousy in the next quarter (not the past quarter)---because TRST has not sold any pot since mid July.

And sales, if the license is not suspended, will have less product to sell---as the 5,200 kg of illegal pot will surely be destroyed.

Consequently, the share price will remain low, or fall lower, until HC makes its decision, and until TRST can show earnings growth.

Clearly, we saw a case of FOMO and irrational exuberance by many retailers today...

And now, these same retailers and bagholders are pumping the stock...

Singing, "Happy Days are here again!!!!"

Hmmmm...

A word of caution....I hope you sold your shares at the end of the day...