RE:RE:I'm looking hard - need helpThey like to outright own brands, their long term ambition is wholly-owned subsidiary as far as I can tell. How they will behave between now and buyout is up to their board.
Oldweed wrote: WeedTheNorth wrote: I'm trying to prove Constellation is lending their shares to disprove what I actually think is happening. I can't find a trace so far. It would explain a seemingly neverending ability to short this stock.
Alas, it's likely that Canopy is another rung on the infinite money, dark pool trade that is rehypothecation. And they didn't look close enough to see one extremely large, well funded shareholder of Canopy.
If Constellation isn't lending their shares then the float starts at 45% after accounting for only their shares. Shorts R Fuked
Perhaps another way to approach this is from a motivation perspective. STZ is old money in an industry that is shall we say not from the faint of heart. STZ has likely invested to much to indicate CGC is a write off tool. That being said they have been on the big board along time so their perspective is definitely not short term and would definitely not consider what any short term investor would want. On the flip side any large fund or company trying to attack them will more than likely bite of much more than they can chew.... Remember they will not have a short term perspective but they will have a plan to deal with shite.