RE:Rationale for Shorting until Jan 2020You're gonna get crushed shorting at this price. Shorting a stock trading below book value? LOL.
CannabisRealist wrote: The upcoming ACB and CGC lack of earnings with their write down will drop APHA down as HEXO poor guidance did. The edibles will not go on sale until 60 to 90 days. The increased capacity at double diamond will take 90 days for revenue. Add tax loss selling and stop loss trigger we will wee last Dec low $ 5 and possible $ 4.5 so that is a long term double bottom to be long on. I will start to cover my short near 5 and under and go long big time as the 2020 to 2024 will see a Cannabis resurgence hype with the US election adding the federal legalization issue for Nov 2020 consideration. If you can stomach the long position stay the course but get access to cash for the December lows to average down. I am from Wall Street.