RE:RE:RE:RE:After HrsLet's cut with the bullshite here, nothing but manipulation is going to happen until we start seeing some acceptable sales and then we can see the potential results expected further down the road....they have ~230,000ft2 of grow area approved for production, ~92% of total grow area and their sales to current quarter are lucky to be 15% of potential.
They have the assets available and the demand for product to quadruple sales in a short period of time and as their distribution network is improved and more of the best product on the shelf becomes available on more shelves in more areas of the country and across the pond, the MMs will have the SP head north hard in short order....sales are the catalyst that is the tell of the when and by how much. Nothing but 'net' from here, JMHO...Opt
M4DM4X wrote: Wow, you actually wrote this: "covered their shorts and doubling their positions" to explain the 4.5 MIL shares dumped today, and the SP cratering..... The stock TANKED and you think it's from people buying shares?? Do you even know how the stock market works? Or do you just know how to pump and make up lies? And it's already been confirmed, this was ETFMG Alternative Harvest Fund (MJ.NYSE) DUMPING their FIRE position, and adding TRST (which is why TRST's SP went up - I figured I'd have to explain this to you since you obviously don't understand how the stock market works). No rebalance, no scary shorts, just fund managers getting fed up with fat Johnny and his incompetence. Supreme even paid Chris AGAIN to try and pump their stock on equity guru. I don't see why they did that, when they got you mindlessly pumping for free.
OptGreen wrote: Or it could be an ETF covering their short and doubling their position....there is no bad sign here, Canaccord et al are buying, what are they missing?
Just cover that short and add whatever you can afford because when the SP starts to move shorts are going to flame out and buyers are going to be paying much higher for their shares, JMHO....Opt
M4DM4X wrote: That's a large block.
YUGE!
It could be an ETF rebalance that dumped FIRE.
In any case, it's not a good sign.
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