RE:Earning's out Who knows what is really in store for Monday. Bears have obviously been in control. Appears when the SP starts inching back up, the MM Bear in control starts loading shares hard moving the SP up quickly then starts unloading all those shares on the ambulance chasers slowly bringing it back down, doing a quick bag job.
Need a bullish catalyst to put the pressure onto the bears to start covering off some of that gigantic short position. It's too huge.
Unfortunately Stiffel fu*ked us early this week with their report. The $21.63 TLRY support level that tested half a dozen times and was holding so well, was broken by Stiffel. I guess the highlight of Stiffel painting such a poor earnings outlook is not many are expecting much.
Let's hope for one hell of an Earnings blow-out to the UPSIDE !
eom
momo