RE:Not shortersModerateRep wrote: Well I wondered if this was going to happen. Pretty sure we are headed to the teens. I don’t believe this is a case of shorters covering. A lot of companies are starting an uptrend as of the last 2 months. I think the ride is over on this. I don’t see north picking up any real investors until after an actual successful harvest that meets expectations. And by that time they will have competition in that market. Lots of it. Missed the first market advantage, missed expectations due to poor management, misled investors. They can have all the cash they want. It’s not gonna bring the share price up. If it wasn’t for Pierre we would already be in the teens. No love for north unless they hit the pavement and start pumping. Very sad...
I totally believe this stock is being manipulated to keep it down and accumulate.
Just look at the amount of deep pool trades that are not going through the TSX.
https://www.stockwatch.com/Quote/Detail?C:NRTH 674,000 shares traded over the ATS and only 221,000 over the TSX.
V:NRTH - 48NORTH CANNABIS CORP - https://48nrth.com | 15:02:42 EST |
NRTH - V | 91.0 | 0.325 · 0.33 | 29.0 | 0.325 | -0.005 | -1.5 | 674.1 | 219 | 326 | 0.335 0.335 0.315 | 1.69 0.315 | 14:40:25 | Dec 12 | 15 min RT 2¢ |
TSX-V - V | 91.0 | 0.325 · 0.33 | 29.0 | 0.325 | -0.005 | -1.5 | 221.0 | 72 | 135 | 0.335 0.335 0.315 | 1.69 0.315 | 14:40:25 | | 15 min |
NEO ATS - U | | 0.325 | -0.005 | -1.5 | 183.5 | 60 | 82 | 0.325 0.33 0.315 | | 14:40:24 | | 15 min |
Alpha - A | | 0.325 | -0.005 | -1.5 | 48.0 | 16 | 7 | 0.33 0.33 0.32 | | 14:37:40 | | 15 min |
Pure - P | | 0.33 | | | 0.3 | 0 | 1 | | | Jan 06 11:18:32 | | 15 min |
Chi-X - X | | 0.32 | -0.01 | -3.0 | 36.5 | 12 | 21 | 0.325 0.325 0.315 | | 14:23:39 | | 15 min |
CX2 - H | | 0.32 | -0.01 | -3.0 | 65.9 | 22 | 57 | 0.325 0.325 0.315 | | 14:38:46 | | 15 min |
CXD - D | | 0.33 | | | 0.4 | 0 | 2 | | | | | 15 min |
TriAct - M | | 0.325 | -0.005 | -1.5 | 118.5 | 38 | 21 | 0.32 0.325 0.32 | | 14:40:24 | | 15 min |
They are hiding these trades for a reason.
What I don't know is this in Alison's best interest, because it sure seems like it.
Anyway, this won't come close to seeing the teens IMO.
When the MM's are ready to let this go up, it will.