RE:RE:RE:Shorts Squeeze. Auxly From .12 To 24. Is this what The ShortThere does appear to be a few that are headed for some rough water joh but the sector is barely getting started, maybe some mergers and buyouts and plenty more right sizing...FIRE is in a much different position than the rest with debt cleaned up to a large degree and we have yet to see a quarterly with sales at 20% of full production,
FQ1/21 will be the first with the potential to give some clarity to what expectations could look like going forward, more importantly if profit is realized, or close to, for the quarter and on minimal production there is nobody even close in the sector...and many have the EofS with much larger sales volume. There is no other in the sector today, without some very material changes to their current operations, that will even come close....the 'cleanup done so far and if we can see sales north of 40% of full production by next quarter will be a very nice future for those that own.
Have some CC Pink Kush coming for the first time....Sask retailer Prairie Cannabis has pretty well the full 7acres menu in stock, 3.5 and 7gm offered for most of the flower, 7acres stocking is getting better all the time and they have weeded out much of the weak shelf space. JMHO....Opt
johnale wrote: Transporter - why do you think the ATM has any affect? Last 2 months I believe they sold "0" shares.
they also only really sold some above .30 in prior months.
The shares are sold at supremes discretion - there could easily be a squeeze.
I don't want to cry foul of
manipulation - but it's pretty obvious that hedge funds and shorts are completely managing the share price here and across the sector.
A bunch of names may be on the brink of going belly up here. Zenabis, aurora (looks like it's on a death march down), Vivo needed cash and may not get it, tgod and a host of other names.
Lots of facilities may be for sale soon.....
value of supreme needs to be shown through its earnings, profitability, operations, and sustainability of its brands.