RE:Massive short attacks are a double-edge sword I don't think this is a short attack. It's been too long and to pervasive, rather than some hard hitting attack. Yes, there are examples where the shorts are wrong, but they are more often right. Tesla, they were certainly wrong, multiple times. The problem is, Tesla also became a meme stock, so it's hard to value and prone to wild swings.
As it applies to Canopy, the short position is clearly in control right now. It's a dirty dirty game, but with no positive upside on the near horizon, it's easy to crush the stock down, which only makes dillution even more costly to the company, which will push the share price down further.
While I'm not short, I can totally see why the shorts are feeling pretty good here, so much so that they are continuing to increase their position.
PlantManager013 wrote: Just to weigh in on the debate.
Tesla has burned a lot of cocky shorts. It can happen again.