Perfect Trading Stock!!! Cheap! Liquid! What a Dream!Cheap! $1-$2 ! Trades huge so very liquid! on NYSE and TSE! 500 million!
So where are we now? Looking at 8:1 RS! Reduce 500 million to 60 million.! Value goes from $1.5 to $12. You now need $1.20 to get a 10% swing vs $.10. The thrill is Gone! The 150-200 million trades in the last 3 days means that all the smart shorts covered! However the retail shorts are still there. So, the 1st qrter report will yiels a nice return. This is the 1st full qrter with beverage sales. Sebastien has finagled a way in which to report 100% of beverage sales. Truss did not apply for a license til late October, which means that Hexo has to report all the Truss sales. WOW! That should be $5-10 million. Add the battle to stock up all the stores in Canada - 1,000 and they shoud easily reach 40 million for the quarter maybe even $50 million, they realize huge Gross Profits because of last quarter's inventory write downs. Wow break even territory! Then there is the short interest effect. We could easily see $2.00. Sebastian & his ilk could cash in on another $50 million in stock options, the RS goes through. Life is Great and we all have a Great Christmas, except for the retail shorts! Oh then there is Covid! But no more Trump! Merry Christmas Everyone!