RE:RE:RE:Times have become hard, yet the future is bright for VGWProblem is they manipulate information also. On the run up to legalization I watched institutional ownership and it changed every day, up an up. Then it froze. Sp's faded and one day the ownership # changes to almost nothing.
I do agree with you that we are at the bottom and they are accumulating right now.
In the end I think LP's have done great! Let me explain, with highly restrictive policies by most provinces, no stores to speak of, and no edibles where the real money is, they have had their hands tied big time. So when you have some of the top players hitting 100mil a Q and only supplying about 10-15% of the market, I mean WOW!
Think about this, everyone sold the news on legalization (oct 17) and when legalization was announced, so most were going to sell edibles right? So what if they reversed it? Beat the heck out of the sector and let it fly on edibles. They can hype the heck out of it and make big $$$. There is a lot of retail cash sitting and waiting for a reversal in the charts.