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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.


OTCPK:NCNNF - Post by User

Post by uptown59on Sep 24, 2019 9:09am
223 Views
Post# 30158164

A few points to remember

A few points to rememberBuyers and Sellers are the same indivduals. Shorts / Traders will push share price down with the knowledge that catalysts on deck will push it back up. They want the spread or margin as wide as possible, the more money they make.

Naked shorting somehow flys below the IRROC radar, so like rats, for every one you see there are 10 more. 

I expected this week we would experience short attacks, they sell into the bid to cover thier positions by stealth, but they must be getting a little fustrated because we`re experiencing a Sellors strike. That is, Norths Stock is in firm hands and all Shorts are getting is the occasional spooked investor, and stop losses. 

Shorts are very clever, use every technique in the book to create FUD. Stay strong all, I see Shorts are at it again in premarket this morning, but no worries, low hanging fruit is gone, they will actually incur losses this morning selling into the bid to try to get Good Folks to capitulate, dont do it.

Allyson is prepared for next week, they are building an empire and the key is the `Goods`, and they have it, quality 50000+ KG outdoor grown cannabis and 33 acres of CBD laden hemp. Financials will be good, they repatriated inventory that was originally slated for 2nd gen products, and was quite likely sold in the Q. Expectations should be for 3.M, up from 2.7M previous Q. They will have burned some cash to plant Good Farm, but all the pictures I`ve seen have demonstrated frugal management, no fancy tractors, no fancy trucks, just good old Labour and smarts.

We`re good

GLTAL
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