RE:RE:I'm looking hard - need helpYa, cannabis is being targeted for sure. It's a tale of 2 markets, stocks that hedgefunds are long on and stocks that hedgefunds are short on. We've seen what close to the maximum long can go to (Delta variant will be capping indexes any day) and the maximum short (meme stocks and cannabis stocks plugged down lower than last summer). Can't wait for the Yin to Hedgefunds Yang (used on purpose if you research the opposing forces).
WestCoast78 wrote: 15% institutional?
https://fintel.io/so/us/cgc That fact that GTII and TRUL delivered fabulous fins, just to further get beat down. I guess a few short are pretty p!ssed off about February. I knew we would drift South, but this is something alright.
Naked shorting has to be happening here. The math doesnt add up to me. Im no expert, and dont know anyone with Bloomberg terminal working this Summer. Thats my guess.
Also, STZ could be grabbing their 20M this Summer, they would save 600M at these prices.
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