RE:RE:RE:COULD CANOPY FAIL??Any serious analysis of the current situation can only come to the same red flag conclusions. Other motivations for considering anything positive mostly centre around emotional content and are not based in facing reality. It's where you get sentiments such as "well I've lost too much to sell now", or people marrying the stock, or blindly cheer leading, or thinking they are the great defenders. Another scenario is turning a trade into a long term hold, it all centers around not wanting to admit being horribly wrong. These are all classic mistakes and what leads to people washing out. If the shorts are right, and I think they are, they will continue to sell short relentlessly. This drives the price down, and then longs also sell in capitulation, further decimating the share price. The company burns through cash, but then had minimal ability to raise because the share price is crushed. So they dilute to oblivion putting the offering at an even lower price just to desperately attempt to garner interest. At this point they essentially die on their own sword, with no other options available. The stock, and the company fail. If you've been astound the market at all, you know how many times this scenario plays out. The short position clearly smells blood and today's news will only serve to embolden them further.
slick555 wrote: stars points are valid ....besides name calling can you please put forth an opinion that comes with an explanation as to why you still believe in canopys future