GREY:DLTNF - Post by User
Post by
Duedilligence10on Sep 05, 2019 12:02pm
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Post# 30098454
BMO no longer allowing cannabis stocks to be shorted
BMO no longer allowing cannabis stocks to be shortedhttps://business.financialpost.com/investing/bmo-is-no-longer-allowing-retail-investors-to-short-cannabis-stocks
The party is over for shorts in pot sector, it was a good run, but now the momentum shifts the other way as it always does in the market, especially for the DN's of the world who are now poised to see institutional accumation over the next year and thus driving up the SP and driving down the shorts. Short players will move to the next sector set for a downturn, whatever that is. BMO knows retail shorts are going to get slammed in cannabis sector and want no part of this.