GREY:ALEAF - Post by User
Comment by
Toweringmarson Aug 12, 2019 3:44pm
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Post# 30019314
RE:Where r the money managers?
RE:Where r the money managers?I think the MM's are still playing games. House 002 RBC dumped heavy on open, then as it floated back up started dumping small amounts to try and push it down. Then came this wall of support @ 1.15. And I don't see 002 anywhere on the buys. I'm guessing they'll cover hard pre earnings. I think someone who doesn't want to act on the warrants anytime soon is doing their best to keep this down. I mean the warrants are at 1.57 if im not mistaken, then acceleration is around $3. Multiple analysts have this pegged at 3 - 3.50. They probably don't have the capital to exercise all those warrants, so they want to avoid triggering that clause and are trying to suppress this hard. I wouldn't want them to touch Cantrust at all. There are plenty of avenues to take to scale up more without associating themselves with a plague like that. I'd personally like to see them work on the greenhouse, then look for more distribution agreements or R&D into the CBD products. Not to mention Cantrust's other facility was found non-compliant. So what exactly is it missing? How the heck did HC approve it without having all the moving parts together? They have egg on their face as much as TRST at this point.