Starsearcher80 wrote: Omg stop opening you mouth! You only embarrass yourself.
I didn't short WEED, although I certainly should have. While I'll circle around on a stock any day, shorting just is a different ballgame that I don't like to play.
But fo your to suggest that the short position is somehow scared, or barely holding on, you couldn't be more wrong.
You probably don't have access, but here's the HUGE INCREASE in the short postion in the past 30 days. Note the change. 04/15 saw an increase of 2,336, 680 MORE shorts. And then another 300,000+ in the two weeks following that.
Let me translate this for you. It's simple. The shorts smell blood. In fact, the short postion at 3.40% of total float IS HIGHER THAN IT HAS BEEN AT ANY TIME IN THE PAST YEAR.
Hmmm, I wonder why that would be. Could it be the upcoming financials? ;))
But of course you know better...don't you. Standing right there on the train tracks, with nothing to say but "look at the pretty lights!".
Far and away, the short position has it right far far more often than they have it wrong. You would be best to pay attention to the numbers here staring you right in the face. Without a doubt this is the BIGGEST red flag out there right now, especialy with the quarter coming up.
| T : WEED | 2021-04-30 | 13,010,946 | 311,685 | 382,875,180 | 3.40 |
| T : WEED | 2021-04-15 | 12,699,261 | 2,336,680 | 382,163,991 | 3.32 |
WeedTheNorth wrote: They know their position is held positive by the hair on their sack. We don't even need this particular stock to go up, just their other holdings to go bad. Indexes, tech and crypto (their longs) are all down. "Meme stocks", cannabis, gold are all up or flat which is their short position. Let's see how they manage their margin.