RE:Shorts Getting OutSavage97 wrote: So a financial institution on the Canadian side sold 316000 shares a bit ago??? Why they sold this close to earnings is a puzzle. The only thing that makes sense is a short getting out before they get burned. They did manage to drop the price a good bit. It’s recovering nicely.
We may see a lot of shorts covering in the next few days.
I think I’ve said this before, we have maybe one or two more quarters before USA legalization, then it will be a new ball game. Some on Bay Street up here in Toronto have been whispering $75 plus after legalization, but nobody wants to put their name to that!!! Lol
Either way, after USA legalization we will see a significant jump.
Good luck to all
copied from Yahoo Conversations
$75?! Are they high?
Never see the ATH again, never mind $75, after all the dilution Simon has done to this stock regardless of what happens in the US.