RE:Red to green to red to green to red to greenHello common. I admit to going over to the dark side a bit and owning some CGC since Tilray reported. It was the increased Canadian sales that prompted me to take a bit of a chance. Just let a few CGC shares go for 24.10CDN. To be honest, they were bought on margin and it is nice to clear that for the weekend.
I am holding my core Tilray (and CGC...but not nearly as much as Tilray) as I believe (and this by no means is meant as an endorsement or recommendation) the MSOs are going to report solid quarters.
I am not nearly as up on the short percentage as you, but do you really think there is enough shares being shorted to spur a cover run?
I am not hearing much from the Tilray C-suite these days regarding "get out and vote" which leads me to believe they will have the numbers required week after next. It would be nice to see this happen especially since SAFE looks more likely than not. I just cannot see the Senate pushing back again. Thoughts?
CommonCentsforDollars wrote:
Lots of red to greens back and forth all day. Not just here but CGC and some of the MSOS. Feels like we are on the verge of a melt UP. So many shares sold short need to be covered. I would preferably like to see a Close up in the $14.70's USD, around $18.50 CAD. Although there is still 2 hours before the potential end of the day nutty short seller games.
LFG !!